M/S.Mercedes - Benz Financial Services India Pvt .Ltd., v. Ubox Technologies Private Limited,

Arb.O.P (Com.Div.) No.327 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 27.06.2025

CORAM

THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE Arb.O.P (Com.Div.) No.327 of 2025 M/s.Mercedes-Benz Financial Service India Pvt. Ltd., rep. by its Authorised Signatory ... Petitioner

Versus

1.UBOX Technologies Private Limited 2.Aellaboina Tarun ... Respondents Prayer: Arbitration Original Petition (Commercial Division) filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 to appoint a Sole Arbitrator to adjudicate upon the differences and disputes between the parties under the Loan Agreement and Unattested Deed of Hypothecation dated 27.11.2023 in respect of Contract No.10159773. For Petitioner : Mr.M.Arunachalam 1/2 https://www.mhc.tn.gov.in/judis

Arb.O.P (Com.Div.) No.327 of 2025 ABDUL QUDDHOSE, J.

vga

ORDER

Learned counsel for the petitioner is not pressing this petition as according to him, the respondents have regularised the loan contract with the petitioner. However, he seeks liberty for the petitioner to initiate fresh arbitration in case the respondents commit default in the near future. 2.Accordingly, this petition is dismissed as not pressed. Liberty as prayed for is granted. No costs.

27.06.2025 vga Arb.O.P (Com.Div.) No.327 of 2025 2/2 https://www.mhc.tn.gov.in/judis