Application No. 6291 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 07.07.2025 CORAM THE HONOURABLE Mr. JUSTICE ABDUL QUDDHOSE Application No. 6291 of 2024 in Arb O.P. (Com.Div.) No. 531 of 2024 1.A.Kamal Hassan Ali 2.K.Najma … Applicants Vs. M/s.Shriram Finance Limited (Formerly Shriram City Union Finance Limited) Having their office at No.145, Santhome High Road Myalpore, Chennai-600004 Represented by its Authorised Signatory Mrs.S.Aarthi … Respondent PRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Section 36(3) of the Arbitration and Conciliation Act, 1996, praying to to stay the proceedings pursuant to the impugned award dated 20.05.2024. For Applicants : M/s.Chirag Gupta For Respondent : M/s.Sri and Shankar Associates Mr.R.Uma Shankar p. 2 Application No. 6291 of 2024 O R D E R The Registry has submitted a report that the conditional order dated 04.12.2024 has been complied with by the applicants by depositing four(4) demand drafts totalling a sum of Rs.16,55,700/- on 30.06.2025. The demand drafts are also available in the Court bundle today. 2. Registry is directed to deposit the demand drafts totalling the sum of Rs.16,55,700/- at the earliest and invest the same by way of Fixed Deposit favouring the Registrar General of this Court in Indian Bank, High Court Branch, Chennai. The said Fixed Deposit shall be taken for an initial period of six months, which shall be renewed periodically until further orders from this Court. 3. Since the conditional order dated 04.12.2025 has been complied with, the interim order made in Application No. 6291 of 2024 in favour of the applicants is made absolute and Application No. 6291 of 2024 is disposed of accordingly. p. 3 Application No. 6291 of 2024 4. Both the counsels are directed to file brief notes of submissions in the main Arbitration O.P. (Com.Div.) No. 531 of 2024. 5. The learned counsel for the petitioners is directed to serve copies of the papers on the learned counsel for the respondent forthwith. 6. Post 'for arguments' on 19.08.2025 07.07.2025 Maya p. 4 Application No. 6291 of 2024 ABDUL QUDDHOSE, J. Maya Application No. 6291 of 2024 07.07.2025