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Madras High CourtOP/593/2015dismissed as withdrawal

Kgs Nelsun Paper Mill Ltd., v. M/S.Religare Finvest Limited

2019-12-09Honourable Ms. Justice P.T. Asha3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED :09.12.2019

CORAM

THE HONOURABLE Ms.JUSTICE P.T.ASHA O.P.No.593 of 2015

1. KGS Nelsun Paper Mills Ltd., having addresses at (i) No.12, Nandanam Extn., 12th Street, Chennai - 35.

(ii) S.Nos.204 - 207, with land area of 17.42 Acres Erulippttu Village, Azhingivakkam P.O., Ponneri, Thiruvallur District.

2. George Gigi, (i) No.12, Nandanam Extn., 12th Street, Chennai - 35.

(ii) S.Nos.204 - 207, with land area of 17.42 Acres Erulippttu Village, Azhingivakkam P.O., Ponneri, Thiruvallur District.

3. Kumaran Kandasamy, (i) No.3, Old No.10, Royal Enclave, Besand Avenue, Adyar, Chennai - 600 020.

(ii) S.Nos.204 - 207, with land area of 17.42 Acres Erulippttu Village, Azhingivakkam P.O., Ponneri, Thiruvallur District.

4. Solar Paper Mill Ltd., (i) No.12/3, Nandanam Extn., 12th Street, Chennai - 35.

(ii) S.Nos.204 - 207, with land area of 17.42 Acres Erulippttu Village, Azhingivakkam P.O., Ponneri, Thiruvallur District.

... Petitioners -vs1. M/s. Religare Finvest Limited, Rep. by its Authorized Signatory, Having its registered Office at D-3, P3B, District Centre, Saket, New Delhi - 110 017.

2. SH. Sanjay Aggarwal, Sole Arbitrator, G-12/1, Ground Floor, Sec-15, Rohini, Delhi - 110 054.

... Respondents PRAYER:

Original Petition filed under section 34 of the Arbitration and Conciliation Act, 1996 to set aside the award dated 20.03.2015 passed by the second respondent.

For Petitioner : Mr.S.L.Sudarasanam For respondent : Mr.S.Namasivayam *****

ORDER

The learned counsel for the petitioners seek permission of this Court to withdraw this Revision Petition, since the matter has been settled between the parties and has also made an endorsement in the petition to that effect.

2. In view of the above submission and endorsement made by the learned counsel for the petitioners, the Original Petition is dismissed as withdrawn. No costs.

09.12.2019 Index : Yes/No Internet : Yes / No Speaking/non-speaking order vrc

P.T.ASHA, J.

vrc O.P.No.593 of 2015 09.12.2019