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2025 DAILYLAW 2637 (BOM)

Siemens Financial Services Private Limited v. Spartan Engineering Industries Private Limited and Ors.

CRR/343/2026 · 2026-08-19

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

48-carbp-l-34566-2025 with CRR.doc Shabnoor IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN IT’S COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION (L) NO.34566 OF 2025 WITH COURT RECEIVER REPORT NO.343 OF 2026 Siemens Financial Services Private Limited … Petitioner V/s. Spartan Engineering Industries Private Limited & Ors. … Respondents Mr. Nishant Chothani a/w Ms. Anushka Shetty and Mr. Hardik Toshniwal i/b MLS Vani & Associates, for the Petitioner. Mr. Amod Eklaspur, for Respondent No.4. Mr. Nachiket Khadalkar, for Respondent No.6. Ms. Nandini. Y Deshpande, 1st Asst. to the Court Receiver’s Office is present. CORAM : AMIT BORKAR, J. DATED : AUGUST 19, 2026 P.C.: COMMERCIAL ARBITRATION PETITION (L) NO.34566 OF 2025 1. Despite service, Respondent Nos. 1 to 3 have failed to appear. 2. The Court Receiver’s Report states that the hypothecated machinery is not traceable. The petitioner has, therefore, made out a case for continuation of the ad-interim relief granted earlier. 1 SHABNOOR AYUB PATHAN Digitally signed by SHABNOOR AYUB PATHAN Date: 2026.08.19 16:46:40 +0530 48-carbp-l-34566-2025 with CRR.doc 3. Hence, for the reasons recorded in the order dated 24 June 2026, the petition is made absolute in terms of prayer clauses (a), (f) and (g). 4. The Commercial Arbitration Petition stands disposed of in above terms. COURT RECEIVER REPORT NO.343 OF 2026 5. The Court Receiver stands discharged without passing of accounts, subject to the petitioner paying the costs, charges and expenses of the Court Receiver. 6. The Court Receiver’s Report stands disposed of. (AMIT BORKAR, J.) 2