1/1 23-ARA-7-2026 (C).DOC IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION ARBITRATION APPEAL NO. 7 OF 2026 Vijay Kashinath Tandel & Anr. ...Appellants Versus Neenad Nandkumar Hajare ...Respondent _______ Mr. Mahesh Vishwakarma I/B Ms. Megha Jain for the Appellants. Mr. Sumet V. Khaire for Respondent. _______ CORAM : ARIF S. DOCTOR, J. DATE : 3 rd SEPTEMBER, 2026 P.C. 1. After arguing the matter at some length, learned Counsel for the Appellants seeks leave to withdraw the present Application, with liberty to file an appropriate Application under Section 17 of the Arbitration and Conciliation Act, 1996, seeking a direction that the amount for which the Bank Guarantee was to be furnished be paid over to the Applicant. Leave is granted. 2. In the event such an Application is made before the Arbitral Tribunal, the same shall be considered on its own merits. [ARIF S. DOCTOR, J.] Areeb MOHAMMAD AREEB MOHD AKBAR Digitally signed by MOHAMMAD AREEB MOHD AKBAR Date: 2026.09.07 10:56:20 +0530