M/S Goyal Gases Priveate v. M/S Sbq Steels Limited

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 01.02.2017 CORAM :

The Hon'ble MR.SANJAY KISHAN KAUL, CHIEF JUSTICE AND The Hon'ble MR.JUSTICE M.SUNDAR O.S.A. No.47 of 2014 and M.P.No.1 of 2014 M/s.Goyal Gases Private Limited A-38, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi 110 044.

.. Appellant -vsM/s.SBQ Steels Limited 6/13, North Avenue, Kesava Perumal Puram, Chennai 600 028.

.. Respondent Appeal filed under Order XXXVI Rule 1 and 9 of O.S. Rules read with Clause 15 of the Letters Patent against the judgment and decree dated 04.12.2013 passed in O.A.No.813 of 2013 on the file of original side of this Court.

For Appellant :

Mr.S.L.Sudarsanam For Respondent :

Mr.S.R.Rajagopal for Mr.V.Anil Kumar * * * * *

J U D G M E N T

(Judgment of the Court was delivered by The Hon'ble Chief Justice) Learned counsel for the parties have agreed that in view of certain subsequent development, the contract in question be treated as null and void without any obligation on either of the parties. This is without in any manner admitting any of the allegations in the original petition against the respondent therein.

2.The cheques stated to be lying with the bank, numbering 60, which are subject matter of the proceedings under Section 9 of the Arbitration and Conciliation Act, 1996, on which the appeal arises, will be returned by the appellant to the respondent, within four (4) weeks from today.

Original Side Appeal is, accordingly, disposed of. No costs. Consequently, M.P.No.1 of 2014 is closed.

(S.K.K., CJ.) (M.S., J.) 01.02.2017 Index : Yes/No Website : Yes/No sra

To The Sub Assistant Registrar, Original Side, Madras High Court, Chennai.

The Hon'ble Chief Justice and M.Sundar, J.

(sra) O.S.A.No.47 of 2014 01.02.2017