Shanti Lal Verma v. Rishabh Traders And Bore Wells

NAFR HIGH COURT OF CHHATTISGARH, BILASPUR WPC No. 521 of 2016 Shanti Lal Verma S/o Late Hemdin Verma, Aged About 55 Years R/o Village Amora, Post Sambhalpur, Tahsil Nawagarh, P. S. Nawagarh District Bemetara (Chhattisgarh). ---- Petitioner

Versus

1. Rishabh Traders And Bore Wells Through : Proprietor, Pradeep Agrawal, Bhatapara, New Bus Stand Bhatapara, District Balodabazar Bhatapara (Chhattisgarh).

2. The New India Assurance Company Limited, Through Branch Manager, Subhash Ward, Bhatapara, District Balodabazar Bhatapara (Chhattisgarh)

3. L & T Finance Limited, Through : Branch Manager, L & T House, Ballard Estate, Mumbai 400001.

4. Ram Kumar Verma, H. No. 69, Village Taregaon, Tahsil Nawagarh, District Bemetara (Chhattisgarh).

---- Respondents Smt. Renu Kochar, counsel for the petitioner/s. Hon'ble Shri Justice Manindra Mohan Shrivastava Order On Board 29/02/2016 This petition has been filed by the petitioner against order dated 14/10/2011 arising out of a loan agreement.

The matter involves factual dispute arising against a loan agreement. The petitioner has a remedy to challenge the award before the Arbitration Reconciliation Tribunal.

The petition is therefore dismissed with liberty to challenge the award before the Arbitration Reconciliation Tribunal.

Sd/- (Manindra Mohan Shrivastava) Judge Deepti