Madras High CourtOP/896/2019dismissed as withdrawal

Formost Centre v. Kotak Mahindra Bank Ltd.,

2019-12-09Honourable Ms. Justice P.T. Asha2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 09.12.2019 C O R A M THE HONOURABLE Ms.JUSTICE P.T.ASHA O.P.No.896 of 2019 and A.No.8478 of 2019

1. Foremost Centre

2. Valiaveetttil Mohammed Basheer Jesna

3. Foremost

4. Kunji Nelliyil Abdulgafoor .. Petitioners -Vs.- Kotak Mahindra Bank Ltd., 5th Floor, Samson Towers, 402,L.Pantheon Road, Egmore, Chennai 600 008 .. Respondent Original Petition under Section 34(2)(a)(iii), Section 34(2)(a)(iv), Secion 34(2)(b)(i) and Section 34(2)(b)(ii) of the Arbitration and Conciliation Act, 1996 praying to set aside the ex-parte award dated 03.10.2019 passed by the Arbitral Tribunal in Arbitration Case No.KB B CR7/2019 in Loan Agreeement No.CSG152549451.

For petitioners ... Mr.Vikram Veerasamy for Mr.Avinash Krishnan Ravi For Respondent ... Mr.M.Arunachalam http://www.judis.nic.in

P.T.ASHA.J srn

O R D E R

Both the learned counsel would represent that the matter has been settled amongst the parties outside the Court and therefore, the petitioner is withdrawing the Original Petition and necessary endorsement to this effect has also been made by the learned counsel for the petitioner. The Original Petition is therefore dismissed as withdrawn. No costs. Consequently, connected application is closed. 09.12.2019 srn O.P.No.896 of 2019 and A.No.8478 of 2019 http://www.judis.nic.in