Madras High CourtOP/37/2013dismissed as settled out of court

M.S.Aleem Khan v. M/S.Indus Ind Bank Ltd

2025-06-25Honourable Mr Justice Abdul Quddhose3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 25.06.2025

CORAM

THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE

1. Mr. M.S. Aleen Khan (Deceased)

2. Nateesa Begum

3. Imrankhan

4. Irtankhan

5. Mosinkhan

6. Nadiyakhan (Petitioners 2 to 6 are brought on record as legal heirs of the deceased 1st petitioner as per order dated 07.01.2025 in A.No.61 of 2025) ... Petitioners In both O.Ps.

Vs.

1. M/s. Indusind Bank Ltd., Rep. by its Power of attorney Holder, Mr. P. Ramalingam, Having consumer Finance Division at, No.115 & 116, G.N. Chetty Road, T. Nagar, Chennai - 600 017.

2. Mandadi Sudharshan Reddy

3. S. Ranjeni Ramadass Arbitrator, No.68, Basha Street, Choolaimedu, Chennai - 600 094.

... Respondents In both O.Ps.

1/3

COMMON PRAYER: Petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside the exparte arbitration final award and final award both dated 30.05.2011 passed by the 3rd respondent under the agreement dated 18.06.2007 and the agreement dated 31.03.2009 with costs.

For Petitioner In both O.Ps.

Mr. Haja Mohideen Gisthi For Respondents In both O.Ps.

Ms. Meera Gnanasekar COMMON ORDER Both the counsels, on instructions, would submit that the parties have arrived at an amicable settlement. They have made a joint endorsement in the Court bundle to that effect.

2. Accordingly, these petitions are dismissed as settled out of Court. No Costs.

25.06.2025 Index : Yes/No Speaking Order : Yes / No ab 2/3

ABDUL QUDDHOSE. J., ab 25.06.2025 3/3