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Madras High CourtArb O.P(COM.DIV.)/174/2026ordered

M/S.Shriram Finance Limited v. A.Manikandan

2026-06-10Honourable Mr.Justice K.Kumaresh Babu4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 10.06.2026

CORAM

THE HONOURABLE MR.JUSTICE K.KUMARESH BABU M/s.Shriram Finance Limited, (Formerly known as Shriram Transport Finance Company Ltd.) Rep. By its Authoirzed Signatory Mr.V.Saravanan, Reg. Office No.14 A, Sri Towers, South Phases, Industrial Estate, Guindy, Chennai - 600 032, having its branch office at No.B - 26, Sri Lakshmi Buildings, 1st Floor, Karthikeyan Salai, Periyar Nagar, Perambur, Chennai - 600 082.

...Petitioner

-vs1. Mr.A.Manikandan

2. Mr.Karthik

...Respondents

PRAYER: Arbitration Original Petition filed under Section 11(4) & (5) of the Arbitration and Conciliation Act, 1996 to appoint a sole arbitrator and pass such further or other orders as this Hon'ble Court may be deem fit and proper in the fact and circumstances of the case. For Petitioner : Ms. N.Jayabharathi For Respondents : No appearance

ORDER

This Arbitration Original Petition has been filed under Section 11(4) & (5) of the Arbitration and Conciliation Act, 1996 to appoint a sole arbitrator to adjudicate the differences and disputes between the petitioner and the respondents under the Loan Agreement dated 11.09.2019.

2. Heard Ms.N.Jayabharathi, learned counsel for the petitioner.

3. In spite of service of notice to the respondents, they have neither appeared in person nor represented through their counsel.

4. From a reading of the agreement entered into between the petitioner and the respondents, it could be seen as per Clause 22, the parties are agreed to resolve the dispute by appointing an Arbitrator. Section 21 notice has also been issued by the petitioner invoking aforesaid clause which has also evinced no reply.

5. In such view of the matter, I am inclined to appoint Mrs.N.S.Revathi, Advocate, having office at Old No.155, New No.321, 4th Floor, Thambu Chetty Street, (Indian Bank - MGT Branch

Buildng) Parrys, Chennai - (Mobile No.94440 02128) as Sole Arbitrator to enter upon the dispute between the petitioner and the respondents.

6. The learned Sole Arbitrator is entitled to fix his fees as per the Schedule-IV to the Act. This Court further requests the learned Sole Arbitrator to endeavour to decide the dispute as expeditiously as possible.

7. Accordingly, this Arbitration Original Petition is ordered. 10.06.2026 Index :Yes/No mp

K.KUMARESH BABU, J.

mp 10.06.2026