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2026 DAILYLAW 14254 (MAD)

Kotak Mahindra Bank Ltd. v. Ashish R Patil

Arb O.P(COM.DIV.)/256/2026 · 2026-04-16

Senthilkumar Ramamoorthy

Transfer Petitionbody2026

Judgment text

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Arb O.P(COM.DIV.) No. 256 of 2026 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 16.04.2026 CORAM THE HON'BLE MR JUSTICE SENTHILKUMAR RAMAMOORTHY Arb O.P(COM.DIV.) No. 256 of 2026 Kotak Mahindra Bank Ltd., Having its Registered Office at 27 BKC, C27, G Block, Bandra Kurla Complex, Bandra, Mumbai - 400 051. and a Branch Office at 402 L, Samson Tower, Pantheon Road, Egmore, Chennai - 600 008. Represented by its Authorised Signatory Mr.B.Abhijeet Punjari ..Petitioner Vs Ashish R Patil B 7 21, New India Staff Quarters C D, Barfiwala, Mumbai - 400 058. ..Respondent Petition filed under Section 11(6) (a) of The Arbitration and Conciliation Act, 1996, to appoint a Sole Arbitrator to adjudicate upon the differences and disputes between the parties under the Personal Loan cum Guarantee Agreement dated 28.02.2023 bearing Contract No.SPLN72664652. For Petitioner: Mr.Ra.Sivadhara Adiyaman for M/s.GNP Legal ORDER Learned counsel for the petitioner submits that he has been instructed to withdraw the petition with leave to re-file before the Court of competent jurisdiction. The relevant loan agreement appears to have https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 256 of 2026 __________ Page2 of 2 SENTHILKUMAR RAMAMOORTHY, J. mmi been executed at Mumbai and the respondent appears to be a resident of Mumbai. Considering these aspects and taking note of the endorsement of learned counsel for the petitioner, this Arbitration Original Petition is dismissed as withdrawn with leave to re-file before the Court of competent jurisdiction. 16.04.2026 mmi Arb O.P(COM.DIV.) No. 256 of 2026 https://www.mhc.tn.gov.in/judis