G.Prakash Kumar,Sole Proprietor M/S. Bharath Motors v. Indusind Bank Ltd
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.SATHISHKUMAR In the matter of Arbitration and Conciliation Act, 1996 and In the matter of Dispute between M/s.
IndusInd Bank Ltd., Mr.G.Prakash Kumar, Sole Proprietor M/s. Bharath Motors and another in respect of Loan Agreement dated 31.01.2018.
1. G. Prakash Kumar Sole Proprietor of M/s. Bharath Motors No.7-75/5 Thengapatnam Road Vettuvenni, Marthandam Vilavancode Kaniyakumari 629 165.
2. G. Prakash Kumar.
S/o. Late Mr.Gopal No.
7-75/5, Pon Paul Building, VettuvenniJn, Marthandam - 629 165.
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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.
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Respondent
Original Petition praying that this Hon'ble be pleased to call for the records relating to the Arbitration Award, dated 25/3/2019 passed in A.C.P.No.720 B of 2018, before the sole Arbitrator and set aside the same. This Original Petition coming on this day before this court for hearing in the presence of Mr.Kingsly Solomon, Advocate for the Petitioners herein and Mr.K.Moorthy, Advocate for the respondent herein and upon reading the petition filed herein and the learned counsel for the petitioners seek permission of this court to withdraw this original petition. It is ordered:- That the O.P.No.1088 of 2019 be and is hereby dismissed. 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 (O.S.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.
SK-26.08.2021 ORDER :- DATED : 13.07.2021 THE HON'BLE MR.JUSTICE N.SATHISHKUMAR FOR APPROVAL:27.08.2021 APPROVED ON:31.08.2021
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. G. Prakash Kumar Sole Proprietor of M/s. Bharath Motors No.7-75/5 Thengapatnam Road Vettuvenni, Marthandam Vilavancode Kaniyakumari 629 165.
2. G. Prakash Kumar.
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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.
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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 B 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.