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Madras High CourtOP/755/2013dismissed

Ashok S.Monde v. M/S.Indusind Bank Limited

2019-08-21Honourable Mr Justice N. Sathish Kumar4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 29.08.2019 CORAM :

THE HONOURABLE MR. JUSTICE N.SATHISH KUMAR M/s.Siechem Technologies Pvt. Ltd., Rep. By its Executive Director, Mr.G.M.Arunkumar, RS 104/8 & 105/7, Sedarapet Main Road, Pondicherry - 605 101.

.. Petitioner Vs.

1. M/s. MMTC Limited, Represented by its Senior Manager, Mr.D.Kabali, Chennai House, No.6, Espalade, Chennai - 600 108.

2. The Hon'ble Justice K.Venkatraman (Retd.), Former Judge, Madras High Court, Sole Arbitrator, No.125, L Block, East Anna Nagar, Chennai - 600 101.

... Respondents PRAYER: Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside the Award dated 18.06.2015 passed by the learned Arbitrator of the second respondent and to pass an Award a sum of Rs.16,00,000/- being the advance amount paid by the petitioner on 12.08.2008 to the first respondent together with interest thereon from 12.08.2008 till today at 12% per annum and 1/4

future interest and for cost from the first respondent. For Petitioner : No appearance For Respondents : No appearance

O R D E R

This petition has been filed to set aside the Award dated 18.06.2015 passed by the learned Arbitrator of the second respondent and to pass an Award a sum of Rs.16,00,000/- being the advance amount paid by the petitioner on 12.08.2008 to the first respondent together with interest thereon from 12.08.2008 till today at 12% per annum and future interest and for cost

2. This Original petition is pending from the year 2015. In an earlier occasion, as there was no representation for the petitioner, this petition has been posted under the caption 'for dismissal.' Today also there is no representation for the petitioner and the same indicate that the petitioner is not interested in prosecuting this petition. Hence, this Original Petition is dismissed for non prosecution.

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Internet : Yes Speaking/Non-speaking Order To

1. M/s. MMTC Limited, Represented by its Senior Manager, Mr.D.Kabali, Chennai House, No.6, Espalade, Chennai - 600 108.

2. The Hon'ble Justice K.Venkatraman (Retd.), Former Judge, Madras High Court, Sole Arbitrator, No.125, L Block, East Anna Nagar, Chennai - 600 101.

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N.SATHISH KUMAR, J.

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