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Madras High CourtArb Appeal/27/2026closed

The New India Assurance Co.Ltd., v. Tvs Credit Services Limited

2026-06-03Honourable Mr.Justice K.Kumaresh Babu3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03-06-2026

CORAM

THE HON'BLE MR.JUSTICE K.KUMARESH BABU and CMP No. 5532 of 2026 The New India Assurance Co. Ltd., Chikmagalur Branch (672702) Chikmagalur Panduranga Complex Kollapuradma Temple Street Chikmagalur - 577 101, Karnataka.

..Petitioner(s) Vs.

1. M/s.TVS Credit Services Limited Rep. by its Authorized Signatory, 'Chaitanya', No.12, Khader Nawaz Khan Road, Nungambakkam, Chennai 6 and Corp. Office No. 29, Jayalakshmi Estates Third Floor, Haddows Road Nungambakkam, Chennai 6.

2. Green Tech Star Rep. by its Prop. Mrs.Bhavitha S/D/W/O. Mr.V.Satish, 2nd Floor, C-51, 18th Main No.359 4th Phase 7th Block, Guru Raja Layout BSK 3rd Stage, Bengaluru Urban Karnataka 560 085.

Also at No359, 1st Floor, 8th Main, 4th Phase 7th Blcok, Guru Raja Layout, BSK 3rd Stage, Bengaluru, Karnataka, Pincode 560085

3. Rahul Appasab Kamble S/o.Appasab Kamble, No.359, 1st Floor, 8th Main, 4th Phase, 7th Block, Guru Raja Layout, BSK 3rd Stage, Bengaluru,

Karnataka, Pincode - 560085.

..Respondent(s) This Arbitration Appeal filed to set aside the Order dated 20.06.2025 passed in CP (TVS/SME) No.CNICA.281 of 2024 by the Arbitrator and allow the Appeal.

For Appellant(s):

Mr.Chockalingam SP For Respondent(s):

Mr.M.Arunachalam(R1) Mr.Leelesh Sundaram For M/s.Nathan and associates (R2 & R3)

J U D G M E N T

The learned counsel appearing on behalf of the respective parties through video-conferencing would submit that the matter had been settled between the parties and no further adjudication is required to be made in this Arbitration Appeal.

2. Recording the submissions made by the learned counsel appearing on behalf of the respective parties, this Arbitration Appeal stands closed. Consequently, connected Miscellaneous Petition is closed. No order as to costs. 03-06-2026 Index: Yes/No Speaking/Non-speaking order Maya

K.KUMARESH BABU, J.

Maya Dated : 03-06-2026