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2025 Supreme(Online)(Bom) 351196

HIGH COURT OF BOMBAY
HON'BLE SHRI JUSTICE SOMASEKHAR SUNDARESAN
Sachin Corporation – Appellant
Versus
Kusuma Bhandary Construction Pvt Ltd – Respondent


IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION (L) NO.22660 OF 2025 Sachin Corporation & Anr. ….Petitioners Versus Kusuma Bhandary Construction Pvt. Ltd. & Ors. ….Respondents Mr. E.A. Sasi a/w. Bhagyashri Mangale, Tejas Shinde & Arnav Rane, Advocates for Petitioners.

Mr. Nirman Sharma i/b. Dharam & Co., Advocate for Respondents.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : JULY 30, 2025 ORAL JUDGEMENT:

Context:

1. This Petition has been filed seeking directions to the Collector of Stamps invoking Section 27 of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”) to expeditiously complete the assessment of stamp duty and penalty as applicable, so that the instruments sought to be relied upon in evidence can be introduced into the proceedings and get examined by the Arbitral Tribunal.

2. Having heard Mr. E.A. Sasi, Learned Advocate representing the Petitioners and Mr. Nirman Sharma, Learned Advocate representing the Respondents, and having examined the record and the law with their assistance, in my opinion, it would be open to the Arbitral Tribunal to compute the value of the stamp duty without having to wait for the Sta

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