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Madras High CourtOSA(CAD)/27/2023dismissed as settled out of court

Aapico Investments Pte Ltd v. Sakthi Auto Component Ltd

2024-02-01Honourable Mr Justice R. Subramanian,Honourable Mr.Justice R.Sakthivel7 pages

THE HIGH COURT OF JUD ICATURE AT MADRAS DATED: 01.02.2024

CORAM:

THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN AND THE HONOURABLE MR.JUSTICE R.SAKTHIVEL and C.M.P.Nos.5985, 6001 & 6130 of 2023 OSA.(CAD)No.27 of 2023 AAPICO Investment Pte. Ltd., 745, Toa Payoh Lor 5, #01-07, The ACtuary, 319455 Singapore.

Rep. by its Authorised Power Agent, Mr.S.Sakthivel, No.20-A, Suriyagandhi Street, Kumaran Nagar, Iyyapanthangal, Chennai - 122. ...Appellant (Mrs.Sakthivel, recognised as Authorised Power Agent to the Appellant vide Court order dt.02.03.2023 made in CMP.4617/23 in OSA(CAD).Sr.24578/23) Vs.

1.Sakthi Auto Component Ltd., 180, Race Course Road, Coimbatore, Tamil Nadu - 641018.

2.AAPICO Hightech Public Company Limited, 99, Mool Hitech Industrial Estate, Tambol Ban Lane, Amphur Bang, Pa-In, Ayutthaya 13160, Thailand.

1/7

3.Sakthi Global Auto Holdings Limited, 100, New Bridge Street x London EC4V 6JA, United Kingdom.

...Respondents

(Respondents 2 and 3 represented by their common Authorised representatives Kaikhushru Vicaji Taraporevala Level 42, Six Battery Road, Singapore - 049909.) Prayer: Original Side Appeal filed under Section 50 of the Arbitration & Conciliation Act, 1996 r/w. Order XXXVI Rule 1 of the Madras High Court O.S.Rules and Section 13 (1-A) of the Commercial Courts Act, 2015, against the order dated 03.03.2023 in Arbitration Original Petition No.296 of 2021.

For Appellant : Mr.N.Senthil Kumar For Respondents : Ms.R.Vidya Shankar for R1 Mr.Roshan Balasubramanian for R2 Mr.C.Kathiravan for R3 OSA.(CAD)No.28 of 2023 Sakthi Global Auto Holdings Limited, 100, New Bridge Street, London EC4V 6JA, United Kingdom.

Rep. by its Authorised Power Agent, Mr.S.Sakthivel, No.20-A, Suriyagandhi Street, Kumaran Nagar, Iyyapanthangal, Chennai - 122. ...Appellant (Mrs.Sakthivel, recognised as Authorised Power Agent to the Appellant vide Court order dt.02.03.2023 made in CMP.4616/23 in OSA(CAD).Sr.19014/23) 2/7

Vs.

1.Sakthi Auto Component Ltd., 180, Race Course Road, Coimbatore, Tamil Nadu - 641018.

2.AAPICO Hightech Public Company Limited, 99, Mool Hitech Industrial Estate, Tambol Ban Lane, Amphur Bang, Pa-In, Ayutthaya 13160, Thailand.

3.AAPICO Investment Pte. Ltd., 745 Toa Payoh Lor 5, # 01-07, The Actuary, 319455 Singapore.

...Respondents

(Respondents 2 and 3 represented by their common Authorised representatives Kaikhushru Vicaji Taraporevala Level 42, Six Battery Road, Singapore - 049909.) Prayer: Original Side Appeal filed under Section 50 of the Arbitration & Conciliation Act, 1996 r/w. Order XXXVI Rule 1 of the Madras High Court O.S.Rules and Section 13 (1-A) of the Commercial Courts Act, 2015, against the order dated 03.03.2023 in Arbitration Original Petition No.296 of 2021.

For Appellant : Mr.R.Advaith For Respondents : Ms.R.Vidhya Shankar for R1 Mr.Roshan Balasubramanian for R2 Mr.N.Senthil Kumar for R3 3/7

OSA.(CAD)No.29 of 2023 AAPICO Hitech Public Company Limited, 99, Mool Hitech Industrial Estate, Tambol Ban Lane, Amphur Bang, Pa-In, Ayutthaya 13160, Thailand.

Rep. by its Authorised Power Agent, Mr.S.Sakthivel, No.20-A, Suriyagandhi Street, Kumaran Nagar, Iyyapanthangal, Chennai - 122. ...Appellant (Mrs.Sakthivel, recognised as Authorised Power Agent to the Appellant vide Court order dt.02.03.2023 made in CMP.4608/23 in OSA(CAD).Sr.19013/23) Vs.

1.Sakthi Auto Component Ltd., 180, Race Course Road, Coimbatore, Tamil Nadu - 641018.

2.AAPICO Investment Pte. Ltd., 745 Tao Payoh Lor 5, #01-07, The Actuary, 319455 Singapore.

3.Sakthi Global Autho Holdings Limited, 100, New Bridge Street, London EC4V 6JA, United Kingdom.

...Respondents

(Respondents 2 and 3 represented by their common Authorised representatives Kaikhushru Vicaji Taraporevala Level 42, Six Battery Road, Singapore - 049909.) 4/7

Prayer: Original Side Appeal filed under Section 50 of the Arbitration & Conciliation Act, 1996 r/w. Order XXXVI Rule 1 of the Madras High Court O.S.Rules and Section 13 (1-A) of the Commercial Courts Act, 2015, against the order dated 03.03.2023 in Arbitration Original Petition No.296 of 2021.

For Appellant : Mr.Roshan Balasubramanian For Respondents : Ms.R.Vidhya Shankar for R1 Mr.N.Senthil Kumar for R2 Mr.R.Advaith for R3 C O M M O N J U D G M E N T (Judgment of the Court was made by R.SUBRAMANIAN, J.) The learned counsel appearing for the appellants would submit that these matters have been settled and seek to withdraw the appeals. The learned counsel for the respondents also affirms the statement. Hence, these Original Side Appeals are dismissed as settled out of Court. No costs. Consequently, connected miscellaneous petitions are closed. 5/7

2.In view of the judgment of the Hon'ble Supreme Court in High Court of Judicature at Madras rep. by its Registrar General Vs. M.C.Subramaniam and Others reported in (2021) 3 SCC 560, the Court fee paid in the appeals is directed to be refunded on the appellants. (R.S.M., J.) (R.S.V., J.) 01.02.2024 kkn Internet:Yes Index:No Non-speaking order Nuetral Citation : No 6/7

R.SUBRAMANIAN, J.

and R.SAKTHIVEL, J.

KKN and C.M.P.Nos.5985, 6001 & 6130 of 2023 01.02.2024 7/7