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Madras High CourtOP/1087/2019dismissed as withdrawal

Bharath Automobile Pvt Ltd., v. Indusind Bank Ltd, Rep.By Its Power Agent,

2021-07-13Honourable Mr Justice N. Sathish Kumar5 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 13TH DAY OF JULY 2021 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR In the matter of Arbitration and Conciliation Act, 1996 And In the matter of Dispute between M/s.

IndusInd Bank Ltd., & M/s. Bharath Automobiles Pvt., Ltd., and another in respect of Loan Agreement dated 26.04.2016

1. M/s. Bharath Automobile Pvt Ltd., Represented by Managing Director, No.38/2d, Near APPTA Market, Ozhginasery Nagercoil - 629 001.

2. G. Prakash Kumar, S/o. Late. Mr. Gopal, 2-64//"REKASH", T P M Road, Vettuvennai, Marthandam - 629 165.

...

Petitioners Vs M/s. IndusInd Bank Limited Rep. By its Power Agent Old Nos.115 & 116 New No.34 G.N.Chetty Road T. Nagar Chennai 600 017.

...

Respondent

Original Petition praying that this Hon'ble Court be pleased to call for the records relating to the Arbitration Award dated 25.03.2019 passed in A.C.P No.720A of 2018 before the Sole Arbitrator and set aside the same. This Original Petition coming on this day before Court for hearing through Video Conferencing in the presence of Mr.Kingsly Solomon, Advocate for the petitioners herein and Mr.K.Moorthy, Advocate for the respondent herein and upon the reading the petition and the Award dated 25/03/2019 filed herein and the learned counsel for the petitioners seek permission of this court to withdraw this Original Petition, it is ordered:- That the Original Petition No.1087 of 2019 be and is hereby dismissed as withdrawn.

WITNESS THE HON'BLE MR. JUSTICE SANJIB BANERJEE, CHIEF JUSTICE, HIGH COURT AT MADRAS AFORESAID, THIS THE 13TH DAY OF JULY 2021.

Sd/- ASSISTANT REGISTRAR (OS - II) //Certified to be true copy// Dated at Madras this the day of 2021. COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.

ED 06.10.2021

ORDER

DATED: 13.07.2021 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR FOR APPROVAL: 06/10/2021 APPROVED ON : 07/10/2021

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 13/7/2021 C O R A M THE HONOURABLE Mr.JUSTICE N.SATHISH KUMAR

1. M/s. Bharath Automobile Pvt Ltd rep. By its Managing Director N.38/2 Near APPTA Market Ozhginasery Nagercoil 629 001.

2. G. Prakash Kumar ...

Petitioners Vs M/s. IndusInd Bank Limited rep. By its Power Agent Old Nos.115 & 116 New No.34 G.N.Chetty Road T. Nagar Chennai 600 017.

...

Respondent Original Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996, r/w. Order 14 Rule 8 of the Original Side Rules, to call for the records relating to the Arbitration Award, dated 25/3/2019 passed in A.C.P.No.720 A of 2018, before the sole Arbitrator and set aside the same.

For applicant ...

Mr.Kingsly Solomon For respondent ...

Mr.K.Moorthy - - - - - -

O R D E R

Today, when the Original Petition is taken up for hearing, through Video Conferencing, Mr.Kingsly Solomon, learned counsel appearing for the petitioners seek permission of this Court to withdraw this Original petition.

2. Accordingly, Original Petition is dismissed as withdrawn. Sd./-N.S.K.J 13.07.2021 //Certified to be true copy// Dated at Madras this the day of 2021. COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.