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2025 DAILYLAW 70774 (MAD)

Elton Vales, v. M/s.Hinduja Leyland Finance

A/2825/2025 · 2025-07-31

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

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A.No.2825 of 2025 in Arb.O.P.(Com.Div.)No.316 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 31.07.2025 CORAM THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE A.No.2825 of 2025 in Arb.O.P.(Com.Div.)No.316 of 2025 A.No.2825 of 2025 1.Elton Vales No.A3-1, Anand Residency, Airport Road, NR-SMRC, Chicalim, South Goa, Mourmugao, Margao, Goa – 403 711. 2. Jenny Vales, No.A3-1, Anand Residency, Airport Road, NR – SMRC, Chicalim, South Goa, Mourmugao, Margao, Goa – 403 711. ... Applicants vs. 1. M/s.Hinduja Leyland Finance, No.27A, Developed Industrial Estate, Guindy, Chennai – 600 032. 2. Shri.K.Mohan Sole Arbitrator, CNICA, No.412, 4th Floor, Alpha Wing, Rahenja Towers, Near LIC, Nos. 113-124, Anna Salai, Chennai – 600 002. ... Respondents 1/5 https://www.mhc.tn.gov.in/judis A.No.2825 of 2025 in Arb.O.P.(Com.Div.)No.316 of 2025 Arb.O.P (Com.Div.)No.316 of 2025 1.Elton Vales No.A3-1, Anand Residency, Airport Road, NR-SMRC, Chicalim, South Goa, Mourmugao, Margao, Goa – 403 711. 2. Jenny Vales, No.A3-1, Anand Residency, Airport Road, NR – SMRC, Chicalim, South Goa, Mourmugao, Margao, Goa – 403 711. ... Applicants vs. 1. M/s.Hinduja Leyland Finance, No.27A, Developed Industrial Estate, Guindy, Chennai – 600 032. 2. Shri.K.Mohan Sole Arbitrator, CNICA, No.412, 4th Floor, Alpha Wing, Rahenja Towers, Near LIC, Nos. 113-124, Anna Salai, Chennai – 600 002. ... Respondents A.No.2825 of 2025 To stay the further proceedings in the Arbitration proceedings in ACP(CNICA-HLF) No.4 of 2025 before the 2nd respondent herein pertaining the loan agreement No.MHPUGA00161 dated 31.10.2017 pending disposal of the above Arb.O.P. 2/5 https://www.mhc.tn.gov.in/judis A.No.2825 of 2025 in Arb.O.P.(Com.Div.)No.316 of 2025 Arb O.P(COM.DIV).No.316 of 2025 To terminate the Mandate of the Arbitration proceedings in ACP (CNICA-HLF) No.5 of 2025 before the 2nd respondent herein pertaining the loan agreement No.MHPUGA00161 dated 31.10.2017. For Applicants : Mr.M.Keerthikiran For Respondents : Mr.Rajavelu ORDER This application has been filed under Section 14 of the Arbitration and Conciliation Act, 1996, seeking to terminate the mandate of the arbitration proceedings pending before the second respondent. 2. It is now brought to the notice of this Court by the learned counsel for the respondent that the claim made by the respondent against the petitioner before the Arbitral Tribunal has been withdrawn. 3. Since the claim made by the respondent has been withdrawn, this petition has now become infructuous. Accordingly, this petition is 3/5 https://www.mhc.tn.gov.in/judis A.No.2825 of 2025 in Arb.O.P.(Com.Div.)No.316 of 2025 closed as infructuous. Consequently, A.No.2823 of 2025 is closed. 31.07.2025 Index:Yes/No Speaking/Non-speaking order Neutral Citation:Yes/No RKM/mp 4/5 https://www.mhc.tn.gov.in/judis A.No.2825 of 2025 in Arb.O.P.(Com.Div.)No.316 of 2025 ABDUL QUDDHOSE J. RKM/mp A.No.2825 of 2025 and Arb.O.P.(Com.Div.)No.316 of 2025 31-07-2025 5/5 https://www.mhc.tn.gov.in/judis