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Madras High CourtOP/258/2014dismissed

S.Kothandapani v. M/S.Indus Towers Ltd.,

2015-09-11Honourable The Chief Justice3 pages

In the High Court of Judicature at Madras Dated : 11.09.2015 Coram :

The Hon'ble Mr.Sanjay Kishan Kaul, Chief Justice O.P.No.258 of 2014 S.Kothandapani .. Petitioner -vsM/s.Indus Towers Ltd., No.1045, Srivari Shrimal, 3rd & 4th Floor, Avinasi Road, Coimbatore.

.. Respondent Petition filed under Section 11 (6) (c) of the Arbitration and Conciliation Act, 1996, to appoint independent Arbitrator to hear and decide the disputes between the petitioner and the respondent to look into the following disputes:- (i)payment of a sum of Rs.1,25,000/- (Rupees One Lakh Twenty Five Thousand Only) by the respondent to the petitioner; (ii)payment of interest at the rate of 18% p.a. from 05.08.2013 to till date since the transaction is commercial one; (iii)pendentilite interest @ 18% p.a. till date of settlement; (iv)cost of this petition. For Petitioner : Mr.J.Shanmugasundara Babu * * * * *

O R D E R

The matter having been settled, the learned counsel for the petitioner seeks to withdraw the Original Petition. Endorsement has been made.

2. The Original Petition is dismissed as withdrawn. No costs. (S.K.K., CJ.) 11.09.2015 bbr

The Hon'ble Chief Justice bbr O.P.No.258 of 2014 11.09.2015