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2025 DAILYLAW 194906 (MAD)

M/s. FIVE STAR BUSINESS FINANCE LIMITED v. Mrs.Tabassum

Arb O.P(COM.DIV.)/547/2025 · 2025-10-27

N Anand Venkatesh

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb.O.P.(Com.Divn.) No.547 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 27.10.2025 CORAM THE HONOURABLE Mr. JUSTICE N. ANAND VENKATESH Arb.O.P.(Com.Divn.) No.547 of 2025 M/s.Five Star Business Finance Limited Regd Office at : New No.27 (Old No.4) Taylors Road Kilpauk, Chennai – 600 010. Represented by its Authorised Signatory Madhusandhan Someswaran .... Petitioner Vs 1.Tabassum W/o.Mohamed Ghouse Peer Gubbi Taluk Clikka Kumala, Kadaba, Tumkur District Karnataka – 572 219. 2.Mohmed Ghouse Peer S/o. Mohamed Ismail Gubbi Taluk Clikka Kumala, Kadaba, Tumkur District Karnataka – 572 219. 3.Tabraz S/o. Gouse Peer Gubbi Taluk Clikka Kumala, Kadaba, Tumkur District Karnataka – 572 219. ..... Respondents 1/5 https://www.mhc.tn.gov.in/judis Arb.O.P.(Com.Divn.) No.547 of 2025 Prayer : Application filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying to appoint an Arbitrator to adjudicate the differences and disputes between the petitioner and the respondents under the Loan Agreement dated 19.03.2019 bearing Reference No.FSKALALONS000005080509 and pass orders. For Petitioner : Mr.P.Suresh For Respondents : No appearance ORDER This petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 [for brevity hereinafter referred to as the “Act”] for appointment of an Arbitrator to adjudicate the disputes between the petitioner and the respondents. 2. When the matter came up for hearing on 10.09.2025, this Court passed the following order: “The parties are governed by a loan agreement dated 19.03.2019, which provides for referring the disputes to the Arbitrator in Article 10 of the agreement. The trigger notice 2/5 https://www.mhc.tn.gov.in/judis Arb.O.P.(Com.Divn.) No.547 of 2025 dated 27.05.2025 under Section 21 of the Arbitration and Conciliation Act, 1996 was issued to the respondents. 2. Notice to the respondents returnable by 13.10.2025. Private notice is also permitted. Post on 13.10.2025” 3. Pursuant to the above order, notices were taken on the respondents. The affidavit of service filed by the petitioner would show that the notices attempted to be served on the respondents were returned with endorsement “Refused”. Hence, it is a deemed service. There is no appearance for the respondents either in person or through counsel. 4. Heard Mr.P.Suresh, learned counsel appearing for the petitioner and also perused the materials available on record. 5. Considering the fact that there is a valid agreement between the parties in line with Section 7 of the Act, and it contains an arbitration clause, this Court is inclined to appoint an arbitrator. 6. In view of the above, Ms.Narmadha Sampath, Advocate, having Office 3/5 https://www.mhc.tn.gov.in/judis Arb.O.P.(Com.Divn.) No.547 of 2025 at New No.30, Old No.88, 'AA Block', Anna Nagar, Chennai – 600 040, Ph.No.9884111999, Email ID: narmadhasampath@gmail.com is appointed as sole Arbitrator and the Arbitrator is requested to adjudicate the arbitral dispute that were arising between the parties by holding sittings in any venue in Chennai to the convenience of all concerned and render an award. Fees of the sole Arbitrator shall be in accordance with the Madras High Court Arbitration Centre (MHCAC)(Administrative Cost and Arbitrator's Fees) Rules 2017. 7. This Arb. OP is disposed of in the above terms. There shall be no order as to costs. 27-10-2025 ds 4/5 https://www.mhc.tn.gov.in/judis Arb.O.P.(Com.Divn.) No.547 of 2025 N. ANAND VENKATESH., J ds Arb.O.P.(Com.Divn.) No.547 of 2025 27.10.2025 5/5 https://www.mhc.tn.gov.in/judis