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Madras High CourtArb O.P(COM.DIV.)/143/2024disposed of

P.Yuvaraj v. Cholamandalam Investment And Finance Company Ltd.,

2025-02-03Honourable Mr Justice Abdul Quddhose2 pages

Arb.O.P.(Com.Div.) No.143 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.02.2025

CORAM

THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE Arb.O.P (Com.Div.) No.143 of 2024 1.P.Yuvaraj 2.E.Parthasarathi ... Petitioners

Versus

Cholamandalam Investment and Finance Company Ltd.

... Respondent Prayer: Arbitration Original Petition (Commercial Division) filed under Section 34(2) of the Arbitration and Conciliation Act, 1996 to set aside the Arbitral Award dated 11.04.2022 passed by the learned Sole Arbitrator in the Arbitral Proceedings between the petitioners and the respondent and to direct the respondent to pay the costs.

For Petitioners : Mr.T.R.V.Venkatesh For Respondent : Mr.D.Pradeep Kumar 1/2 https://www.mhc.tn.gov.in/judis

Arb.O.P.(Com.Div.) No.143 of 2024 ABDUL QUDDHOSE, J.

vga

ORDER

Learned counsel for the respondent, on instructions, would submit that the petitioners have settled the claim of the respondent out of Court. The said statement is recorded.

2.Since the claim of the respondent, which is the subject matter of this petition, has been settled, this Court, after recording the statement of the learned counsel for the respondent, disposes of this petition as settled out of Court. No costs.

03.02.2025 vga Arb.O.P (Com.Div.) No.143 of 2024 2/2 https://www.mhc.tn.gov.in/judis