Manchanda Autos v. Tvs Credit Service Limited

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 27.06.2025

CORAM

THE HONOURABLE MR.JUSTICE K.KUMARESH BABU and CMP.Nos.10328 & 10330 of 2025 1.M/s.Manchanda Autos, Rep.by its Proprietor Mrs.Samarjit Kaur, Ground Floor, Plot No.72, Industrial Area, Phase - 1, Chandigarh - 160 002 Also at House No.2567, Sector - 69, Mohali - 160 002, Punjab.

2.Mrs.Samarjit Kaur 3.Mr.Birjyote Singh

...Petitioners

vs.

M/s.TVS Credit Services Limited Having its Registered Office at:

Chaitanya, No.12, Khader Nawaz Khan Road, Nungambakkam, Chennai - 600 034.

...Respondent

PRAYER: Arbitration Appeal filed under Section 37(2) of the Arbitration and Conciliation Act, 1996, read with Section 13(1)(a) of the Commercial Courts Act, 2015, praying to set aside the order passed by the Sole Arbitrator in I.A.No.1 of 2025 in A.C.P.No.1 of 2024 dated 26.03.2025. 1/3

For Petitioners : Mr.Aakash Clinton For Respondent : Mr.Arunachalam

ORDER

The learned counsel for the appellant would submit that pending this appeal, the Award itself had been passed and he would seek permission of this Court to withdraw the present arbitration appeal with liberty to raise all the grounds under Section 34 in the challenge to the main Award.

2. Recording the same, the appeal stands dismissed as withdrawn with liberty to the appellant to raise all these issues in the appeal to be filed. However, there shall be no order as to costs. Consequently, connected miscellaneous petitions are closed.

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K.KUMARESH BABU, J.

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