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Madras High CourtArb O.P(COM.DIV.)/256/2026withdrawn dismissed

Kotak Mahindra Bank Ltd., v. Ashish R Patil

2026-04-16Honourable Mr Justice Senthilkumar Ramamoorthy2 pages

Arb O.P(COM.DIV.) No. 256 of 2026

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 16.04.2026

CORAM

THE HON'BLE MR JUSTICE SENTHILKUMAR RAMAMOORTHY Arb O.P(COM.DIV.) No. 256 of 2026 Kotak Mahindra Bank Ltd., Having its Registered Office at 27 BKC, C27, G Block, Bandra Kurla Complex, Bandra, Mumbai - 400 051.

and a Branch Office at 402 L, Samson Tower, Pantheon Road, Egmore, Chennai - 600 008.

Represented by its Authorised Signatory Mr.B.Abhijeet Punjari ..Petitioner Vs Ashish R Patil B 7 21, New India Staff Quarters C D, Barfiwala, Mumbai - 400 058.

..Respondent Petition filed under Section 11(6) (a) of The Arbitration and Conciliation Act, 1996, to appoint a Sole Arbitrator to adjudicate upon the differences and disputes between the parties under the Personal Loan cum Guarantee Agreement dated 28.02.2023 bearing Contract No.SPLN72664652.

For Petitioner:

Mr.Ra.Sivadhara Adiyaman for M/s.GNP Legal

ORDER

Learned counsel for the petitioner submits that he has been instructed to withdraw the petition with leave to re-file before the Court of competent jurisdiction. The relevant loan agreement appears to have __________ https://www.mhc.tn.gov.in/judis

Arb O.P(COM.DIV.) No. 256 of 2026 SENTHILKUMAR RAMAMOORTHY, J.

mmi been executed at Mumbai and the respondent appears to be a resident of Mumbai. Considering these aspects and taking note of the endorsement of learned counsel for the petitioner, this Arbitration Original Petition is dismissed as withdrawn with leave to re-file before the Court of competent jurisdiction.

16.04.2026 mmi Arb O.P(COM.DIV.) No. 256 of 2026 __________ https://www.mhc.tn.gov.in/judis