Ramanathan.M (Borrower) v. Indusind Bank Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 21.04.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ Arb. Appeal No.21 of 2025 1.Ramanathan. M 2.R.Rani ... Appellants Vs.

IndusInd Bank Ltd., through its Authorised Officer, New No.34, Old Nos.115 & 116, G.N Chetty Road, T.Nagar, Chennai-600 017.

... Respondent Prayer : Appeal under Section 37(2)(b) of the Arbitration and Conciliation Act, 1996 read with Section 13(1A) of the Commercial Courts Act against the order dated 24.6.2024 passed by the Online Arbitral Tribunal constituted by Council for National and International Commercial Arbitration (CNICA), Chennai, Sole Arbitrator in A.C.P. (CNICA-ODR-CV) No.2024015730.

For Appellants : Mr.G.R.Hari For Respondent : Mr.S.R.Sundar

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Counsel for appellants states that the parties have amicably settled the matter and seeks leave to withdraw the appeal.

2. Appeal is dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ,J.) 21.04.2025 Index :

Yes/No NC :

Yes/No bbr

To The Authorised Officer, IndusInd Bank Ltd., New No.34, Old Nos.115 & 116, G.N Chetty Road, T.Nagar, Chennai-600 017.

Copy to:

The Sub Assistant Registrar Original Side, High Court, Madras.

THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ ,J.

bbr 21.04.2025