Ms R R Promoters Rep By Its R Ramesh v. N Srinivasan

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 26.03.2024 CORAM :

THE HONOURABLE MR.JUSTICE C.SARAVANAN M/s.R.R.Promoters, A Partnership Firm, Rep by its Partner Mr.Ramesh, carrying business at No.117A, VOC Road, Coimbatore - 6451 002.

... Petitioner Vs.

1.N.Srinivasan 2.N.Janarthanan 3.N.Manomohan 4.M.a.Varun 5.M.A.Aparna 6.B.Lakshmibai 7.P.Vasanthi 8.Hemalatha Venkatachalam 9.Ramesh Ramani 10.Indira Ramani ... Respondents Prayer: Original Petition is filed under Section 11(5) of the Arbitration and Conciliation Act, 1996, praying to constitute an Arbitral Tribunal consisting of a Arbitrator to adjudicate the dispute between the petitioner and the respondents in terms of the Joint Development Agreement dated 16.03.2023. 1/3

For Petitioner : Mr.R.Praveen For Respondents : Mr.S.Sithirai Anandan for R6 Mr.Ravichandran for R1.

M/s.N.Sasank Iyer for R8 - R10.

ORDER

The learned counsel for the petitioner submits that the dispute between the petitioner and the respondents have been settled out of Court. Hence, seeks leave of this Court to withdraw this petition and makes an endorsement to that effect in the Court Bundle.

2. Recording the above submission and the endorsement made by the learned counsel for the petitioner, this Original Petition is dismissed as settled out of Court. No costs. Considering the fact that the dispute has been settled, Registry is directed to refund the Court Fee in accordance with the provisions of the Tamil Nadu Court-Fees and Suits Valuation Act, 1955. 26.03.2024 Index : Yes/No Internet : Yes/No Speaking Order/Non-Speaking Order tsh 2/3

C.SARAVANAN, J.

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