M/s Priyanka Services v. M/s.Cholamandalam Investment and Finance Company Limited
Arb O.P(COM.DIV.)/523/2024 · 2026-07-07
K Kumaresh Babu
Transfer Petitionbody2024
DailyLaw.ai
[ 2024 DAILYLAW 4613 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2024 DAILYLAW 4613 (MAD) · dailylaw.ai ]
Judgment text
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Arb O.P(COM.DIV.) No. 523 of 2024 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 07-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb O.P(COM.DIV.) No. 523 of 2024
1. M/s Priyanka Services Transport Nagar Kr Samne, Gokul Singh, Ka Chak Guna, Mandir, Bamori, Madhya Pradesh-473105.
2. Mr.Pramod Sagar S/o.Som lal,Jhagar, Guna, Mandir, Guna, mandir,Madhya Pradesh-473001.
3. Ms.Priyanka Sagar W/o.Pramod Sagar,Jhagar, Guna, Mandir, Bamori, Madhya Pradesh-473105. ..Petitioners Vs M/s.Cholamandalam Investment and Finance Company Limited Rep by its Authorized signatory, No.45,Justice Basheer Ahmed Sayeed Building, II Floor, 2nd Line Beach, More street, Parrys, Chennai-600001. ..Respondent Arbitration Petition filed under Section 34(2)(a)(iii), 34(2A) read with Section 18 of the Arbitration and Conciliation Act, 1996, a) To set aside the Arbitral Award dated 09.10.2023 bearing no.SI/SRR/CMP No. 989/2023 in its entirety; and b) To direct the respondent to pay the costs. For Petitioners : Ms.Aswini S For Respondent : Mr.D.Pradeep Kumar, https://www.mhc.tn.gov.in/judis
Arb O.P(COM.DIV.) No. 523 of 2024 __________ Page2 of 2 K.KUMARESH BABU J. mp ORDER The learned counsel for the petitioners seek permission of this Court to withdraw this petition as the case has been settled out of Court and he has also made an endorsement to that effect in the Court bundle.
2. Recording the statement and the endorsement made by the learned counsel for the petitioners, this petition is dismissed as withdrawn. Since the matter has been settled out of Court, the Registry is directed to grant necessary refund of Court fee as per the rules. No costs. 07-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No mp Arb O.P(COM.DIV.) No. 523 of 2024 https://www.mhc.tn.gov.in/judis