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2025 DAILYLAW 95818 (MAD)

SMC Global Securities Ltd v. Sham Agencies

Arb Appln/722/2024 · 2025-01-27

P B Balaji

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb Appln NO. 722 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 27-01-2025 CORAM THE HONOURABLE MR JUSTICE P.B. BALAJI Arb Appln NO. 722 of 2024 SMC Global Securities Ltd 11/6B, Shanthi Chambers, Main Pusa Road, Delhi - 110005 Appellant(s) Vs Sham Agencies 5-6-570/7, Hyderabad Road, Nizamabad, Telangana 503 003.11/6B, Shanthi Chambers, Main Pusa Road, Delhi – 110005. 2. Purushottam Somani 3.Santosh Somani 4.M/s Axis Bank, D.No.11/1/159/1,Vidyuth Nagar, Kanteshwar, Nizamabad, Telengana 503001. Respondent(s) For Appellant(s): M/S.Antony R Julian V.R.Swetha Naidu For Respondent(s): Mr.Surya, Mr.Teja Mr.S.S.Nalla For R.1 to R.3 ORDER Learned counsel for the parties submit that the parties have amicably settled the matter and the claim of the applicant is settled in full. 2. The said fact is asserted by the learned counsel for the applicant. https://www.mhc.tn.gov.in/judis P.B.BALAJI,J., sr 3. The above statement is recorded and Arb.Appln.No.722 of 2024 is dismissed. 4. Registry is directed to refund the applicable court fee to the applicant. 27-01-2025 To 1. Sham Agencies 5-6-570/7, Hyderabad Road, Nizamabad, Telangana 503 003.11/6B, Shanthi Chambers, Main Pusa Road, Delhi - 110005 2. Mr.Santosh Somamo S/o.Mr.Ram Gopal Somani, Partner M/s.Sham Agencies 3. Purushottam Somani S/o Mr Ram Gopal Somani Partner M/s Sham Agencies H.No 5-6-559 Pragathi Nagar Nizamabad - 503001 4. M/s.Axis Bank D.No.11/1159/1 Vidyath Nagar, Kanteshwar Nizamabad, Telangana 50300 Arb.Appln.No.722 of 2024 https://www.mhc.tn.gov.in/judis