P.Sundara Vadivel, v. M/S.Kotak Mahindra Bank Ltd.

A No. 989 of 2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03-03-2025

CORAM

THE HONOURABLE MR JUSTICE ABDUL QUDDHOSE A No. 989 of 2025 P.Sundara Vadivel, S/o.V.Periyasamy, Flat No.5,Block No.5C, DABC Mithiliam Apartment,Sriram Nagar Main road, Nolambur,Chennai-600095.

Applicant(s) Vs M/s.Kotak Mahindra Bank Ltd.

5th Floor,Samson Towers,402 I,Pantheon Road, Egmore,Chennai-600008. and 2 others Respondent(s) For Applicant(s):Mr.A.Parthiban For Respondent(s):

O R D E R

Learned counsel for the respondent on instructions has stated no objection for allowing this application.

2. This application has been filed under Section 29A of the Arbitration and Conciliation Act seeking for extension of time for the Arbitrator to pronounce the arbitral award by another period of six months.

3. This Court is satisfied with the reasons contained in the affidavit filed in

support of this application since sufficient cause has been show for seeking extension.

4. After recording the no objection given by the learned counsel for the respondents on instructions and after being satisfied that sufficient cause has been shown, this Application is allowed by extending the mandate of the Arbitrator by another period of six months as prayed for in this application. 03-03-2025 vsi To 1.M/s.Kotak Mahindra Bank Ltd.

5th Floor,Samson Towers,402 I,Pantheon Road, Egmore,Chennai-600008.

2.C.Prasanna Venkatesh Venkata nilayam Flat A, Ground Floor,PLot No.2937,A I Block-No.214(New No.23) 14th Main Road,Shanthi Colony, Anna Nagar,Chennai-600040.

3.Shri N.C.Ramesh Ld.Senior Advocate Arbitrator (appointed vide order dated 10.11.2021) office at.New No.6(Old No.47)Flat-3-B,3rd Floor, North Road,West CIT Nagar,Behind Nandhi Statue, Chennai-600035.

ABDUL QUDDHOSE,J.

vsi A.No.989 of 20245 03.03.2025