E-Square Leisure Pvt. Ltd. - Formerly ... vs Kiran Ranchodas Ganatra

ik-108830320 Bombay High Court 17 December 2024 • 41 min read

Judges (2)

Jitendra Jain Coram M.S. Sonak Delivered

Parties (7)

E-Square Leisure Pvt. Ltd. Appellant Hemant Manmohan Panchamia Appellant Kiran Ranchodas Ganatra Respondent Nitin Manilal Thakkar Appellant Prachi Nitin Panchamiya Appellant Rita Nitin Panchamia Appellant Sohum Nitin Panchamiya Appellant

Case Significance

E-Square Leisure Pvt. Ltd. - Formerly ... vs Kiran Ranchodas Ganatra is a Bombay High Court decision dated December 17, 2024 (citation: ik-108830320). Commercial arbitration appeal arising from a hotel partnership dispute in Pune between E-Square Leisure Pvt. Ltd. (formerly Ganatra Hotels) and the Ganatra family. The arbitrator had passed an award in favour of the respondents, which was upheld by the learned Single Judge. The Division Bench dismissed the appeal, upheld the award, and extended an interim order for six weeks conditional on the appellants depositing Rs 32,74,500 within two weeks to cover the respondents' bank guarantee renewal The bench comprised Justices Jitendra Jain and M.S. Sonak. The judgment was delivered by Justice M.S. Sonak.

Summary

Commercial arbitration appeal arising from a hotel partnership dispute in Pune between E-Square Leisure Pvt. Ltd. (formerly Ganatra Hotels) and the Ganatra family. The arbitrator had passed an award in favour of the respondents, which was upheld by the learned Single Judge. The Division Bench dismissed the appeal, upheld the award, and extended an interim order for six weeks conditional on the appellants depositing Rs 32,74,500 within two weeks to cover the respondents' bank guarantee renewal costs.

What was the outcome of E-Square Leisure Pvt. Ltd. - Formerly ... vs Kiran Ranchodas Ganatra?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-108830320)