M/S.Chitale And Son v. M/S.Akami Foundation

Arb.O.P (Com.Div.) Nos.551 & 552 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 22.07.2025

CORAM

THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE Arb.O.P (Com.Div.) Nos.551 & 552 of 2024 M/s.Chitale and Son ... Petitioner in both cases

Versus

M/s.Akami Foundation ... Respondent in Arb.O.P.

(Com.Div.) No.551 of 2024 M/s.Arshakerala Ayurveda Medical ... Respondent in Arb.O.P.

Innovations Private Limited (Com.Div.) No.552 of 2024 Prayer in both cases: Arbitration Original Petitions (Commercial Division) filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 to appoint a Substitute Sole Arbitrator in the place of late Shri Justice Retd.G.Rajasuria, earlier appointed by this Court vide order in Arb.O.P. Nos.26 & 27 of 2022 dated 02.03.2022 to adjudicate the disputes that have arisen between the petitioner and the respondent under the Agreement dated 28.10.2016.

For Petitioner in both cases : Mr.Sai Srujan Tayi For Respondent in both cases : Mr.Jaishankar Ramakrishnan 1/2 https://www.mhc.tn.gov.in/judis

Arb.O.P (Com.Div.) Nos.551 & 552 of 2024 ABDUL QUDDHOSE, J.

vga COMMON ORDER Learned counsel for the petitioner as well as the learned counsel for the respondents have filed a Joint Memo stating that the parties have arrived at an amicable settlement. The Settlement Agreement dated 03.07.2025, recording the terms of settlement, signed by the respective parties and countersigned by their respective counsels have also been filed. 2.In terms of the Joint Memo filed by the respective counsels dated 19.07.2025 as well as the Settlement Agreement dated 03.07.2025, entered into by the respective parties to the dispute, these petitions are disposed of. The Joint Memo dated 19.07.2025 and the Settlement Agreement dated 03.07.2025 shall form part of this order. No costs. 22.07.2025 vga Arb.O.P (Com.Div.) Nos.551 & 552 of 2024 2/2 https://www.mhc.tn.gov.in/judis