M/s.Olifantt Resources Limited, v. M/s.Hindhuja Leyland Finance Limited,
Arb O.P(COM.DIV.)/108/2025 · 2025-06-09
Abdul Quddhose
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 29807 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 29807 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Arb. O.P.(Com. Div.) No.108 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 09.06.2025 CORAM THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE Arb. O.P.(Com. Div.) No.108 of 2025 and A. No.994 of 2025
1. M/s. Olifantt Resources Ltd., Previously known as Ispat Minerals Ltd., Rep. by its authorized signatory Mr.Sailen Ghosh, Balgopalpur, Balasore, Orissa, Balasore - 756 020.
2. M/s.Balasore Alloys Limited, Rep. by its authorized singatory Mr. Pankaj Agarwal, Park Plaza, 71, Park Street, Kolkata - 700 016. ... Petitioners Vs.
1. M/s.Hindhuja Leyland Finance Limited, Rep. by its Managing Director, No.1, Sardar Patel Road, Guindy, Chennai - 600 032.
2. S. R. Periyasaamy Advocate Sole Arbitration, No.14/23, Second Floor, Vinobaji Street, Choolaimedu, Chennai - 600 094. 1/4 https://www.mhc.tn.gov.in/judis
Arb. O.P.(Com. Div.) No.108 of 2025
3. The SICCI-Centre for ADR Rep. by its Secretary, Indian Chamber Buildings - Annexe, No.6, Esplanade, Chennai - 600 104. ... Respondents PRAYER: Petition filed under Section 14 of the Arbitration and Conciliation Act, 1996 to order the termination of mandate of the 2nd respondent herein in the pending arbitration proceedings in Arbitration Case No.436 of 2024 as the same is in contravention of law and the arbitration agreement and the claim of the 1st respondent is barred by limitation and laws of Res Judicata and to direct the respondents to pay the cost of the petition. For Petitioners : Mr. J. Ravi Kumar
ORDER
Learned counsel for the petitioners submits that the prayer sought for in this petition has now become infructuous. He has made an endorsement to that effect in the Court bundle.
2. Accordingly, this petition is dismissed as infructuous. No Costs. 2/4 https://www.mhc.tn.gov.in/judis
Arb. O.P.(Com. Div.) No.108 of 2025 Consequently, the connected application is closed. 09.06.2025 Index : Yes/No Speaking Order : Yes / No Neutral Citation Case: Yes / No ab 3/4 https://www.mhc.tn.gov.in/judis
Arb. O.P.(Com. Div.) No.108 of 2025 ABDUL QUDDHOSE. J.,
ab Arb. O.P.(Com. Div.) No.108 of 2025 09.06.2025 4/4 https://www.mhc.tn.gov.in/judis