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Bombay High Court

Parker Hannifin India Pvt Ltd vs Shriram Epc Limited Now Sepc Limited on 6 November, 2025

2025:BHC-OS:20104


                                                                                      501-IAL-35157-2025.doc



                                    IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                        ORDINARY ORIGINAL CIVIL JURISDICTION
                                             IN ITS COMMERCIAL DIVISION

                                    INTERIM APPLICATION (L) NO. 35157 OF 2025
                                                      IN
                                 COMMERCIAL ARBITRATION PETITION NO. 909 OF 2019

         Digitally
         signed by
                         Parker Hannifin India Pvt. Ltd.                           ...Applicant
         SHRADDHA
SHRADDHA KAMLESH
KAMLESH TALEKAR
                               Versus
TALEKAR  Date:
         2025.11.06
         20:00:11
         +0530
                         Shriram EPC Limited
                         now SEPC Limited                                          ...Respondent


                              Mr. Vijay Purohit a/w. Faizan Mithaiwala and Vinit Kamdar, for
                              Applicant.

                              The Respondent was represented but appearance has not been
                              submitted.


                                          CORAM            : SOMASEKHAR SUNDARESAN, J.
                                          Date             : November 6, 2025

                         ORDER :

1. Commercial Arbitration Petition No. 909 of 2019 filed under Section 34 of the Arbitration and Conciliation Act, 1996 has been disposed of by this Court on August 4, 2025 upholding the Impugned Award. Thereafter, the parties have entered into the settlement.

2. Interim Application (L) No. 35157 of 2025 has been filed by the Original Respondent seeking permission for withdrawal of the amount of Rs. 50,00,000/- deposited in Court him, exclusive of Page 1 of 2 November 6, 2025 Shraddha ::: Uploaded on - 06/11/2025 ::: Downloaded on - 06/11/2025 21:41:22 ::: 501-IAL-35157-2025.doc earnings thereon, and the earnings on the said amount shall be released to the Original Petitioner, namely, Shriram EPC Limited now SEPC Limited.

3. Permission granted. The Interim Application is finally disposed of in the aforesaid terms.

4. All actions required to be taken pursuant to this order, shall be taken upon receipt of a downloaded copy as available on this Court's website.

[ SOMASEKHAR SUNDARESAN, J.] Page 2 of 2 November 6, 2025 Shraddha ::: Uploaded on - 06/11/2025 ::: Downloaded on - 06/11/2025 21:41:22 :::