R.Selvakumar v. M/S.Landmark Housing Projects (India) Pvt Ltd., Rep.By Its Managing Director, Mr.T.Udayakumar,

Arb.OP.No.20/2022

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 17.07.2023

CORAM:

THE HON'BLE Ms.JUSTICE R.N.MANJULA Arb.O.P.No.20 of 2022 1.R.Selvakumar 2.R.Sathyanarayanan 3.R.Rani ...

Petitioners

Versus

1.M/s.Landmark Housing Projects (India) Pvt. Ltd. Rep by its Managing Director, Mr.T.Udayakumar.

2.Sandeep Metha 3.M/s.Beauty Rtoile Private Limited (RISLAND) rep. by its Authorised Signatory.

...

Respondents Prayer: Petition filed under Section 11(5) of the Arbitration and Conciliation Act, 1996, seeking to appoint an Arbitrator as the sole Arbitrator to resolve the dispute in accordance with the terms of the Memo of Understanding dated 17.06.2014.

For Petitioners :

Mr. K.Chandrasekaran For Respondents :

Mr.S.Ramesh for R1 Page No.1 of 2 https://www.mhc.tn.gov.in/judis

Arb.OP.No.20/2022 R.N.MANJULA, J., jrs

ORDER

When the matter is taken up today, the learned counsel for the petitioners submitted that the matter has been settled between the applicants and the 1st respondent; in this regard a memo has been filed and hence, the applicants should be permitted to withdraw this petition as 'settled out of Court'.

2. Memo recorded.

3. In view of the submissions made by the learned counsel for the petitioners and also considering the settlement arrived between the parties, the petitioners are permitted to withdraw this petition as 'settled out of court'.

4. Since the matter is settled out of Court, the Registry is directed to refund the entire court fee in accordance with law. This Arbitration Original Petition is dismissed as Withdrawn.

17.07.2023 Internet: Yes/No jrs Arb.O.P.No.20 of 2022 Page No.2 of 2 https://www.mhc.tn.gov.in/judis