JUDGMENT

Yogesh Khanna, J. - This petition is filed by the petitioner under Section 9 of the Arbitration and Conciliation Act seeking interim relief from this Court to restrain the respondents from carrying out any construction/development activity based on the illegal Modified Development Plan dated 27.10.2022; unilateral appointment of M/s.Alotech as Co-developer; unilateral amendment of development schedule and budget of Whitefield project and doing anything which shall be detrimental to the interests of both the petitioners and the project.

2. The learned senior counsel for the respondents appearing on advance notice raises an objection qua territorial jurisdiction of this Court. It is submitted the seat of arbitration in the present matter is at Mumbai and as such only the Courts at Mumbai shall have jurisdiction to pass an order in this petition under Section 9 of the Arbitration and Conciliation Act. Clauses 17.1 and 21.3 of the shareholders agreement dated 15.10.2020, are relevant for the purpose. Those are as under:

"17. DISPUTE RESOLUTION

17.1 All disputes or differences regarding this Agreement shall be submitted to final and binding arbitration at the request of any of the