M/S.Fitness One Group India Ltd v. Mr.L.Emmanuel
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATE: 02.09.2020
CORAM
THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.4982 of 2019 M/s.Fitness One Group India Limited, rep. By its Authorised Signatory having office at No.17, Lakshmi Street, Kilpauk, Chennai-600 010.
... Applicant Vs Mr.L.Emmanuel, Proprietor of M/s.Olive Fitness Studio, No.92A, Dr. Alagappa Road, Purasaiwakkam, Chennai-600 084.
... Respondent PRAYER : Application filed under Order XIV Rule 8 of Original Side Rules r/w Section 9 of the Arbitration and Conciliation Act, 1996, praying to direct the respondent to furnish security for amount of Rs.2,45,729/- to secure the amount due as security.
For Applicant :
Mr.G.Vijayabalan Page 1/3
O R D E R
This application has been filed praying to direct the respondent to furnish security for amount of Rs.2,45,729/- to secure the amount due as security.
2. The learned counsel appearing for the applicant submitted that now the arbitration proceedings is pending.
3. In such view of the matter, this Court is of the view that such relief of interim measure can be sought before the learned Arbitrator under Section 17 of the Act. Accordingly, a liberty is granted to the applicant to approach the Tribunal for the interim measure, if required.
4. With the above observation, this application is closed. 02.09.2020 rpp Page 2/3
N.SATHISH KUMAR, J.
rpp A.No.4982 of 2019 02.09.2020 Page 3/3