Five Star Business Finance Limited v. Sheik Salman

Arb O.P(COM.DIV.) No. 719 of 2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 26.03.2026

CORAM

THE HON'BLE MR JUSTICE SENTHILKUMAR RAMAMOORTHY Arb O.P(COM.DIV.) No. 719 of 2025 Five Star Business Finance Limited Rep. by its Legal Officer, Mr.Madhu Sandhan Someswaran, Registered Office at New No.27, Old No.4, Taylors Road, Kilpauk, Chennai - 600 010.

..Petitioner Vs

1. Sheik Salman 6-73/2, Nadipally Dichapally, Nizambad,Telangana - 503 176.

2. Muneera 6-73/2, Nadipally Dichapally, Nizambad, Telangana 503 176

3. Sheik Suleman 6-73/2, Nadipally Dichapally, Nizambad, Telangana - 503 176 ..Respondents Petition filed under Section 11(5) of The Arbitration and Conciliation Act, 1996 praying to appoint an Arbitrator(s) to decide the disputes and differences between the Petitioner and Respondent in terms of Loan Agreement dated 23.05.2023.

For Petitioner:

Mr.S.Nataraj for M/s.P H Vinodh Pandian __________ https://www.mhc.tn.gov.in/judis

Arb O.P(COM.DIV.) No. 719 of 2025 SENTHILKUMAR RAMAMOORTHY, J.

mmi

ORDER

Learned counsel for the petitioner submits that he has been instructed to withdraw the petition with liberty to re-apply if the arbitral institutions mentioned in the arbitration clause fail to make the appointment in spite of a request from the petitioner. An endorsement has been made regarding withdrawal. Granting liberty to the petitioner to re-apply if the arbitral institutions fail to make an appointment in spite of request, this petition is dismissed as withdrawn. 26.03.2026 Index: Yes/No mmi Arb O.P(COM.DIV.) No. 719 of 2025 __________ https://www.mhc.tn.gov.in/judis