Arb O.P(COM.DIV.) No. 382 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 24-06-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb O.P(COM.DIV.) No. 382 of 2026 and A.No. 2487 of 2026 1. SMK Mahal Rep by its Partners, Sri.K.Chandrasekaran and Sri.K.Gnanasekaran, No 3-42A, Gudi Street, Sathanur, Marudandakuruchi, Trichy-620 102. 2. Sri.K Chandrasekaran, S/o.Karuppaiah, Partner, No 3-42A, Gudi Street, Sathanur, Marudandakuruchi, Trichy-620102. 3. Sri.K.Gnanasekaran, S/o.Karuppaiah, Partner No 3 42A, Gudi Street, Sathanur, Marundandakuruchi, Trichy 4. Sri.K.Mahendran, S/o.Karuppaiah, Partner No. 3-42A, Gudi Street, Sathanur, Marudandakuruchi, Trichy. 5. Sri.Saravanan, S/o.Natarajan, No 54, Vivekanandar nagar, Trichy-620 003 ..Petitioners Vs The Repatriates Cooperative Finance and Development Bank Ltd., called as REPCO Bank, Rep. by its authorized signatory, No.33, North Usman Road, T.nagar, Chennai-600 017. ..Respondent https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 382 of 2026 __________ Page2 of 3 PRAYER: Arbitration Original Petition filed under Section 34(2)(b)(ii) of Arbitration and Conciliation Act, 1996 is filed to set aside the Arbitral Award dated 03.06.2025 passed by the Learned Arbitrator Mr.S.Sethuraman, Advocate in its entirety. For Petitioners : Mr. G.Mohammed Aseef For Respondent : Mr.A.Ilangovan ORDER This petition has been filed to set aside the Arbitral Award dated 03.06.2025 passed by the learned Arbitrator. 2. Mr.A.Ilangovan, learned counsel takes notice on behalf of the respondent and submits that the petitioners had offered a One Time Settlement(OTS) and have settled their dues with the respondent. 3. Recording the statement of the learned counsel for the respondent, this Court finds that there is no necessity to adjudicate the issue raised in this petition. Accordingly, this arbitration original petition stands closed. No costs. Connected application stands closed. 24-06-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No mp https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 382 of 2026 __________ Page3 of 3 K.KUMARESH BABU J. mp Arb O.P(COM.DIV.) No. 382 of 2026 and A No. 2487 of 2026 24-06-2026 https://www.mhc.tn.gov.in/judis