M/S.A S Cargo Movers Pvt Ltd v. M/S.Ibcc Industries (India) Pvt Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 25.04.2024

CORAM

THE HON'BLE Mr. JUSTICE KRISHNAN RAMASAMY M/s.A.S.Cargo Movers Pvt. Ltd., Rep. by its Director-Finance & Accounts, Mr.S.Sundararajan (A/a.50 yrs.), Navin's Presidium, Nelson Manickam Road, Aminjikarai, Chennai- 600 029.

... Petitioner ..Vs..

M/s.IBCC Industries (India) Pvt. Ltd., Rep. by its Managing Director Plot No.B16A & B17, Gallops Industrial Park Phase -1, National Highways No.8A, Rajoda, Taluk - 382 220.

... Respondent Arbitration Original Petition filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 to appoint an Arbitrator by this Court under Section 11 of the Arbitration and Conciliation Act 1996 to adjudicate the disputes between the Petitioner and the Respondent in terms of the Arbitration Agreement in the Memorandum of Understanding dated 1/3

15.03.2021 and fix the fees of the Arbitrator and direct the Respondent to pay the costs.

For Petitioner : Mr.J.V.Niranjan For Respondent : Ms.Krithika Jaganathan for M/s.Lakshmi Kumaran and Sridharan Attorneys

ORDER

When the matter is taken up for hearing, learned counsel for the Petitioner had sought permission of this Court to withdraw this Petition. He has also made the following endorsement to that effect: "May be permitted to be withdrawn with liberty"

2. In view of the submission made by the learned counsel for the Petitioner and also in view of the endorsement made, this Arbitration Original Petition is dismissed as withdrawn.

25.04.2024 Speaking/Non-speaking order Index : Yes / No arr 2/3

KRISHNAN RAMASAMY.J., arr Arb.O.P (Com.Div.)No.56 of 2024 25.04.2024 3/3