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Madras High CourtArb O.P(COM.DIV.)/583/2023withdrawn dismissed

Galada Finance Limited v. Shaik Sadik Ahamad

2024-02-20Honourable Mr Justice C. Saravanan3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 20.02.2024

CORAM

THE HONOURABLE MR.JUSTICE C.SARAVANAN and A.No.845 of 2024 M/s.Galada Finance Limited, Having its Regd. & Corporate Office at "Shanti Sadan" Old No.4, New No.7, Shaffee Mohammed Road, Thousand Lights, Chennai - 600 006.

Rep. by its Manager & Authorised Signatory, Mr.M.Karthik.

.. Petitioner Vs.

1.Shaik Sadik Ahamad 2.S.Mohammed Ghouse Bashra .. Respondents Prayer: Original Petition is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying to appoint a Sole Arbitrator to adjudicate upon the differences and disputes between the parties under the Loan cum Hypothecation agreement dated 25.10.2021. For Petitioner : Mr.M.Arunachalam For Respondents : No appearance 1/3

O R D E R

Today when this matter was taken up for hearing, the learned counsel for the petitioner submits that he received instructions from the petitioner to withdraw this Original Application as the matter was settled between the parties.

2.Recording the said submission and the endorsement made by the learned counsel for the petitioner, this Original Petition stands dismissed as withdrawn. Consequently, the connected Application is also closed. No costs.

20.02.2024 krk Index : Yes / No Internet : Yes / No : Yes / No 2/3

C.SARAVANAN, J.

krk 20.02.2024 3/3