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2025 DAILYLAW 67895 (MAD)

M/S.MERCEDES - BENZ FINANCIAL SERVICES INDIA PVT .LTD., v. Gauri Shivaay Petroleum

Arb O.P(COM.DIV.)/325/2025 · 2025-06-27

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

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Arb.O.P (Com.Div.) No.325 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 27.06.2025 CORAM THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE Arb.O.P (Com.Div.) No.325 of 2025 M/s.Mercedes-Benz Financial Service India Pvt. Ltd., rep. by its Authorised Signatory ... Petitioner Versus 1.Gauri Shivaay Petroleum 2.Tanya Gupta ... Respondents Prayer: Arbitration Original Petition (Commercial Division) filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 to appoint a Sole Arbitrator to adjudicate upon the differences and disputes between the parties under the Loan Agreement and Unattested Deed of Hypothecation dated 05.01.2021 in respect of Contract No.10143405. For Petitioner : Mr.M.Arunachalam 1/2 https://www.mhc.tn.gov.in/judis Arb.O.P (Com.Div.) No.325 of 2025 ABDUL QUDDHOSE, J. vga ORDER Learned counsel for the petitioner has made an endorsement not pressing this petition. However, liberty is sought for by him for the petitioner to initiate fresh arbitration in case the respondents commit default in the near future. 2.Accordingly, this petition is dismissed as not pressed. Liberty as prayed for is granted. No costs. 27.06.2025 vga Arb.O.P (Com.Div.) No.325 of 2025 2/2 https://www.mhc.tn.gov.in/judis