Mr. B. V. Sonnegowda v. M/S. Citi Corp Finance (India)

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 22.02.2018

CORAM

THE HONOURABLE MR.JUSTICE M.M.SUNDRESH O.P.No.296 & 297 of 2014 1.B.V.Sonnegowda 2.Harish B.S.

..Petitioners in O.P.296/2014 1.Harish B.S.

2.Ravish B.S.

..Petitioners in O.P.297/2014 Vs.

1.M/s Citi Corporation Finance (India) Ltd., rep., by its Power Agent J.Jayakumaran, 1st Floor, Angson Centre, No.153, Greams Road, Chennai-600 006.

2.G.Ashoka Pathy Arbitrator, New No.90, Old No.73, Armenian Street, Chennai-600 001.

.. Respondents in both O.Ps.

Original Petitions are filed under Section 34 of the Arbitration and Conciliation Act, 1996, to set aside the Award of the second respondent dated 04.03.2011 passed in A.C.P.(CITI) No.78 of 2010 and A.C.P.(CITI) No.72 of 2010 respectively and for costs.

For Petitioners in : Mr.V.Venkatasamy both O.Ps.

For Respondents : Ms.Deeptha Devi for in both O.Ps.

Mr.s.Vasudevan for R1 COMMON ORDER When these original petitions are taken up for hearing, the learned counsel appearing for the petitioners in both cases would submit that the petitioners in O.P.No.296 of 2014 and the first petitioner in O.P.No.297 of 2014 are no more. He further submitted that he has been informed by his counter part that the matter has been settled.

2. This Court is not inclined to keep these matters pending any longer, though the learned counsel for the respondent is not able to confirm the factum of settlement. Inasmuch as the petitioners in O.P.No.296 of 2014 and the first petitioner in O.P.No.297 of 2014 are no more, the petitions stand closed as abated. However, liberty is given to the legal representatives to file appropriate application to restore the original petitions, if they are so advised and in the event of the matter not being settled. No costs.

22.02.2018 raa

M.M.SUNDRESH,J.

raa O.P.No.296 & 297 of 2014 22.02.2018