M/S.Shrinithi Capital Private Ltd., v. Kalaiselvi P

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 04-06-2026

CORAM

THE HON'BLE MR.JUSTICE K.KUMARESH BABU

1. M/s.Shrinithi Capital Private Ltd., Represented by its Chief Manager Mr.R.SELVAM, at 2nd Floor, 2A, Mookambika complex, No.4, Lady Desika Road, Mylapore, Chennai - 600 004.

2. M/s.Shriram Finance Limited, Represented by its Assistant Credit Manager Mr.M.Sakthivel, Sri Towers, Plot No.14A, South phase Industrial Estate, Guindy, Chennai - 600 032.

..Petitioner(s) Vs

1. Kalaiselvi P W/o.Prakash, No.124, Pillaiyar Kovil Street, Kalavaiputhur, Kalavai, Vellore - 632 506.

2. N.Prakash S/o.Nagaraj, No.124 Pillaiyar Kovil Street, Kalavaiputhur, Kalavai, Vellore - 632 506.

3. Thiruvenkidam R S/o.Ramamoorthy, No.41, Bajanaikovil Street, Kalavaiputhur, Kalavai, Vellore, Tamil Nadu - 632 505.

..Respondent(s) PRAYER:- To appoint a Sole Arbitrator to decide and adjudicate upon the dispute between the petitioners and respondents arising out of Loan cum Hypothecation Agreement 29.12.2023.

For Petitioner : Mr.K.Sendurpandi For Respondents : Set Exparte

ORDER

This Arbitration Original Petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 to appoint a Sole Arbitrator to decide and adjudicate upon the dispute between the petitioner and respondents arising out of Loan cum Hypothecation Agreement 29.12.2023.

2. Heard Mr.K.Sendurpandi, learned counsel for the petitioner.

3. In spite of notice having been served upon the respondents through Court and their names are reflected in the cause list. Today, when the matter is taken up for hearing, there is no representation on the side of the respondents nor through their counsel before this court. Hence, they were called absent and are set ex-parte.

4. A notice under Section 21 of the Arbitration and Conciliation Act, 1996 has been issued by the petitioners on 17.11.2025. In spite of the same, the respondents have not chosen to respond. From a reading of the Loan Agreement dated 29.12.2023 entered to between the petitioners and the respondents, it could be seen that the parties have agreed to resolve the disputes by appointing an Arbitrator.

5.

In view of the Loan Agreement and considering the nature of claim, this Court deems it appropriate to appoint an Arbitrator. Accordingly, Mr.G.Vikraman, Advocate & Notary Public, (Mobile No.98414 46669 & 63800 07822) having office at No.27, Law Chambers, High Court Buildings, Chennai - 600 104 and residing at No.2, Bajanai Kovil 1st Lane, Choolaimedu, chennai - 600 094, is appointed as Sole Arbitrator to enter upon the reference and resolve the disputes between the petitioners and the respondents. 6.

The learned Sole Arbitrator is entitled to fix her fees as per the Schedule-IV of the Act. This Court further requests the learned Sole Arbitrator to endeavour to decide the dispute as expeditiously as possible.

7. Accordingly, this Arbitration Original Petition is ordered. No costs. 04-06-2026 Index: Yes/No Speaking/Non-speaking order GBA To

1. The Madras High Court Arbitration Centre, Madras.

2. Mr.G.Vikraman, Advocate & Notary Public No.27, Law Chambers, High Court Buildings, Chennai - 600 104

K.KUMARESH BABU, J.

GBA 04-06-2026