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2025 DAILYLAW 34206 (MAD)

T.S.K.Venkata Subba Rao v. Phoenix Asset Reconstruction

A/6127/2024 · 2025-02-03

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

A. No.6127 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.02.2025 CORAM THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE A. No.6127 of 2024 in O.P. Dr. No.7665 of 2018 T.S.K. Venkata Subba Rao ... Petitioner vs. Phoenix Asset Reconstruction Company Private Ltd., acting in its capacity as the trustee of PHOENIX TRUST ... Respondent For applicant : Mr. V. Venkatasamy ORDER This application has been filed aggrieved by the order of the learned Master, dated 18.12.2023. Under the impugned order, the application filed by the respondent seeking to set aside the ex-parte order passed in A. No.3097 of 2022 was allowed. The applicant has challenged the Arbitral Award passed against him under Section 34 of the Arbitration and Conciliation Act, 1996, through O.P. DR. No.7665 of 2018. Though the said petition was filed within time, there was a delay of 542 days in re-presenting the said petition. To condone the delay of 1/4 https://www.mhc.tn.gov.in/judis A. No.6127 of 2024 542 days in re-presenting OP DR No.7665 of 2018, the applicant filed A. No.3097 of 2022 before the learned Master. Since the respondent did not file the counter in the said application, the respondent was set ex- parte by the learned Master. To set aside the said ex-parte order, the respondent filed A. No.6021 of 2022 before the learned Master. Under the impugned order, the said application came to be allowed by rejecting the objections raised by the applicant. The applicant had raised the objections under Order 3 Rule 2 of CPC and Order 2, Rule 7 and 8 of the Madras High Court O.S. Rules. According to the applicant leave ought to have been obtained from the Court before the respondent files an application seeks to set aside the ex-parte order passed against the respondent in A. No.3097 of 2022. The said objection was over ruled by the learned Master correctly through the impugned order, dated 18.12.2023. An arbitral award has been passed against the applicant and in favour of the respondent. Though, the Section 34 petition filed by the applicant was filed within time, there was an inordinate delay of 542 days in re-presenting the said petition. However, the learned Master had earlier set the respondent ex-parte since they did not file the counter in the condone delay application. The contentions of the applicant as raised in this application can very well be raised once again by the applicant 2/4 https://www.mhc.tn.gov.in/judis A. No.6127 of 2024 since the counter has already been filed by the respondent in A. No.3097 of 2022 on 24.01.2023. 2. Admittedly the condone delay application filed by the applicant seeking to condone the delay of 542 days in re-presenting the said application has not been decided on merits after giving due consideration to the counter filed by the respondent. Without allowing the learned Master to decide the condone delay application on merits, the applicant has chosen to file this application, which does not deserve any merit. 3. Accordingly, A. No.6127 of 2024 is dismissed. However, liberty is granted to the applicant to raise all the grounds that have been raised in this application once again before the learned Master and the learned Master after giving due consideration to the counter filed by the respondent shall decide the said application on merits and in accordance with law. 03.02.2025 Index: Yes/ No Speaking order / Non speaking order Neutral citation : Yes / No vsi2 ABDUL QUDDHOSE, J. vsi2 3/4 https://www.mhc.tn.gov.in/judis A. No.6127 of 2024 A. No.6127 of 2024 in O.P. Dr. No.7665 of 2018 03.02.2025 4/4 https://www.mhc.tn.gov.in/judis