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Madras High CourtArb O.P(COM.DIV.)/617/2022ordered

Mjv Indane Gas Agency, Rep.By Its Partner, Mr.D.V.Ramkumar, v. Tovo Restaurants Private Limited, Rep.By Its Director,

2023-04-26Honourable Mr Justice Krishnan Ramasamy4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 26.04.2023

CORAM

THE HONOURABLE MR. JUSTICE KRISHNAN RAMASAMY Arb.O.P.(Com.Div).No.617 of 2022 and Arb.Appln.No.213 of 2022 MJV Indane Gas Agency, A registered firm of partnership, Represented by its Partner, Mr.D.V.Ramkumar, Having Office at No.11, South Phase, Industrial Estate, Ambattur, Chennai - 600 058.

... Petitioner Vs.

Tovo Restaurants Private Limited, Represented by its Director, No.138, Habibullah Road, T.Nagar, Chennai - 600 017.

... Respondent PRAYER : Arbitration Original Petition is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying to appoint and Arbitrator to adjudicate upon the disputes that have arisen between the petitioner and the respondent in respect of the Liquid Petroleum Gas (LPG) cylinders supplied under the Supply Agreement dated 25.03.2019 between the petitioner and the respondent.

For Petitioner : Mr.V.G.Suresh For Respondent : Mr.K.Mohit Kumar 1/4

ORDER

When the matter came up for hearing on 05.01.2023, learned counsel appearing for the both the parties requested to refer the matter to the Mediation and Conciliation Centre. Accordingly, the matter is referred to the Mediation and Conciliation Centre attached to this Court. 2.After the completion of mediation, the matter is listed today before this Court.

3.Learned counsel appearing for both the parties would submit that the parties have reached settlement, by entering into a Settlement Agreement dated 19.04.2023, signed by the parties along with their learned counsel and requested this Court to dispose of the Original Petition in terms thereof mentioned in the Settlement Agreement dated 19.04.2023 entered by the parties.

4.Considering the submissions made by the learned counsel appearing for both the parties and in view of the Settlement Agreement filed by them having arrived at an amicable settlement among themselves by the parties, this Court feels it appropriate to dispose of the Original Petition in terms of the 2/4

Settlement Agreement dated 19.04.2023, entered by the parties. 5.Accordingly, the Arbitration Original Petition is disposed of in terms of the Settlement Agreement dated 19.04.2023. The Settlement Agreement dated 19.04.2023 is recorded and the same shall form part and parcel of this order. Connected Application is closed.

6.Registry is directed to refund the eligible Court fee to the petitioner as per the Rules.

26.04.2023 rst 3/4

KRISHNAN RAMASAMY. J., rst Arb.O.P.(Com.Div).No.617 of 2022 and Arb.Appln.No.213 of 2022 26.04.2023 4/4