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2025 Supreme(Bom) 1092

IN THE HIGH COURT OF JUDICATURE AT BOMBAY
Alok Aradhe, Sandeep V.Marne
Pranav Constructions Limited – Appellant
Versus
Priyadarshini Co-operative Housing Society Limited – Respondent


Advocates:
Advocate Appeared:
For the Appellant :Mr. V. R. Dhond, Senior Advocate with Mr. Prathamesh Kamath, Mr. Harsh Behany, Ms. Prachi Sanghavi and Ms. Saloni Manjrekar i/b HN Legal, Mr. Mayur Khandeparkar with Mr. Mohit Khanna i/b Mr. Yash A. Dhakad,
For the Respondent:Mr. Mayur Khandeparkar with Mr. Mohit Khanna i/b Mr. Yash A. Dhakad, Mr. V. R. Dhond, Senior Advocate with Mr. Prathamesh Kamath, Mr. Harsh Behany, Ms. Prachi Sanghavi and Ms. Saloni Manjrekar i/b HN Legal, Mr. Rajiv Narula i/b Jhanagiani Narula & Associates, Mr. Karl Tamboly i/b Mr. Jamshed Ansari

JUDGMENT :

Sandeep V. Marne, J.

1. These Appeals are filed under the provisions of Section 37 of the Arbitration and Conciliation Act, 1996 (the Act) challenging the order dated 20 June 2025 passed by the learned Single Judge disposing of Arbitration Petition No. 175/2025 filed under the provisions of Section 9 of the Act without grant of any relief in favour of the Petitioner therein.

2. Priyadarshini Co-operative Housing Society Limited (Society) is the owner of land and building situated at Final Plot No.42A of Town Planning Scheme No. II of Santacruz corresponding to CTS No. G/112, G/113 and G/114 admeasuring 1006.40 sq.mtrs (1254.19 sq.mtrs. as per Property Card), Bandra Taluka, Mumbai Suburban District at 112 Swami Vivekanand Road, Mumbai – 400 054 consisting of ground plus three upper floors comprising of 16 residential flats, one bank premises on ground floor and six garages. The Development Agreement dated 12 March 2025 came to be executed between the Society and Pranav Constructions Limited (Developer), under which development rights for redevelopment of Society’s building were granted in favour of the Developer. The Developer obtained Intimation of Disapproval (IOD) dated 2

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