Sandeep Sasidharan v. M/S.Indusind Bank Ltd., Rep.By Its Authorized Representatives Shri.Badatiya Sujit Ganesh,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 25.01.2023

CORAM

THE HONOURABLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY & A.No.5363 of 2022

1. Sandeep Sasidharan S/o.Sasidharan, age 38, Ponnamparambil House, Chittattukara Elavaily Thirussur-685 511-Kerala.

2.Seema Sasidharan S/o.Gopalan, age 57, Ponnamparambil House, Chittattukara Elavaily Thirussur-685 511-Kerala.

... Petitioners vs.

M/s.Indusind Bank Ltd., Rep. by its Authorized Representative, Hindustan Petroleum Corporation Limited, Represented by its Managing Director, Shri.Badatiya Sujit Ganesh Having its Consumer Finance Division, at No:116, G.N.Chetty Road, T,Bgarm Chennai-600 017.

... Respondent PRAYER: Arbitration Original Petition filed under Section 34(2)(b)(ii) of the Arbitration and Conciliation Act, 1996, pleased to (a) Set aside the 1/3

Award dated 22.07.2022 passed by the Arbitrator in Arbitration Case NO.KHCP/713/2022 against the petitioners, as not valid in law, without jurisdiction and not a proper disposal of the case; (b) Directing the Respondent to pay the cost of this petition and (c) Such further or other reliefs as this Court may deem fit and proper and thus render justice. For Petitioners : Mr.R.Chandramohan For Respondent : M/s.K.Moorthy Mr.S.R.Sundar **********

O R D E R

Learned counsel for the petitioners states that the relevant account with the respondent bank was settled. Therefore, he seeks permission to withdraw the petition. He has made an endorsement for the said purpose.

2. Recording the same, the Arb.O.P.No.48 of 2022 is dismissed as withdrawn without any order as to costs. Consequently, connected application is closed.

25.01.2023 kal Index : Yes/No 2/3

SENTHILKUMAR RAMAMOORTHY,J kal & A.No.5363 of 2022 25.01.2023 3/3