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2025 DAILYLAW 3437 (MAD)

SRI KALEESWARI STORES v. EQUITAS SMALL FINANCE BANK LIMITED

Arb Appeal/52/2025 · 2026-04-22

K Govindarajan Thilakavadi, P Velmurugan

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb Appeal No. 52 of 2025 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 22-04-2026 CORAM THE HON'BLE MR JUSTICE P. VELMURUGAN AND THE HON'BLE MRS.JUSTICE K. GOVINDARAJAN THILAKAVADI Arb Appeal No. 52 of 2025 and CMP Nos.24923 and 24925 of 2025 1. Sri Kaleeswari Stores Rep. by its Partners, R.Venkateswaran and Mrs.V.Selvi, No.133 T.S.R.Big Street, Kumbakonam, Thanjavur Dist - 612 001. 2. R.Venkateswaran S/o. Neelamegum Ramu, No.899/1B, 899/B3, Kalasandhikattalai Street, Kumbakonam, Thanjavur Dist - 612 001. 3. Selvi V W/o.R.Venkateswaran No.899/1B, 899/B3, Kalasandhikattalai Street, Kumbakonam, Thanjavur Dist - 612 001. ..Petitioner(s) Vs Equitas Small Finance Bank Limited Rep by S.Ramesh Kumar, 4th Floor, Phase II, Spencer Plaza, No.769 Mount Road, Anna Salai, Chennai - 600 002. ..Respondent(s) To set aside the order dated 04.10.2025 in IA No.1 of 2025 passed by the Sole Arbitrator. For Petitioner(s): Mr. P.J.Rishikesh For Respondent(s): Mr. S. Suresh https://www.mhc.tn.gov.in/judis Arb Appeal No. 52 of 2025 __________ Page2 of 4 JUDGMENT (Judgment of the Court was delivered by P.Velmurugan J.) This Appeal has been filed to set aside the order dated 04.10.2025 passed in I.A. No.1 of 2025 by the Sole Arbitrator. 2. The learned counsel for the appellants submitted that pending this appeal, final award was passed in the main arbitration case. 3. In view of the above, there is nothing to survive for further adjudication in this appeal. Hence, this appeal is dismissed as infructuous. Consequently, the connected Miscellaneous petitions are closed. There shall be no order as to costs. 4. However, the appellants are at liberty to work out their remedy in the manner known to law, if so aggrieved by the arbitration award. (P.V.,J.) (K.G.T.,J.) 22-04-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No KSA-2 https://www.mhc.tn.gov.in/judis Arb Appeal No. 52 of 2025 __________ Page3 of 4 To Equitas Small Finance Bank Limited Rep by S.Ramesh Kumar, 4th Floor, Phase II, Spencer Plaza, No.769 Mount Road, Anna Salai, Chennai - 600 002. https://www.mhc.tn.gov.in/judis Arb Appeal No. 52 of 2025 __________ Page4 of 4 P.VELMURUGAN, J. AND K.GOVINDARAJAN THILAKAVADI, J. KSA-2 Arb Appeal No. 52 of 2025 22-04-2026 https://www.mhc.tn.gov.in/judis