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2026 DAILYLAW 5238 (MAD)

M/s.Shrinithi Capital Private Ltd., v. Siddeswaran

Arb O.P(COM.DIV.)/236/2026 · 2026-04-07

Senthilkumar Ramamoorthy

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb O.P(COM.DIV.) No. 236 of 2026 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 07-04-2026 CORAM THE HON'BLE MR JUSTICE SENTHILKUMAR RAMAMOORTHY Arb O.P(COM.DIV.) No. 236 of 2026 M/s.Shrinithi Capital Private Ltd., Represented by its Chief Manager Mr.R.Selvam, at 2nd Floor, 2A, Mookambiaka complex, No.4, Lady Desika Road, Mylapore, Chennai - 600 004. ..Petitioner(s) Vs 1. Siddeswaran, S/o.Thangarasu, No.4/619, Nehru Nagar, Thattankottai, Valaiyakaranur, Thiruchengode Taluk, Namakkal - 637 183. 2. Mahalkshmi, S/o.Thangarasu, No.4/619, Nehru Nagar, Thattankottai, Valaiyakaranur, Thiruchengode Taluk, Namakkal - 637 183. 3. R.Loganathan, S/o.Rasu, NO.27 B2, Narayana Nagar, Kumarapalayam, Namakkal - 638 183 ..Respondent(s) PRAYER: Arbitration Original Petition (Commercial Division) is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, pleased to appoint a Sole Arbitrator to decide and adjudicate upon the dispute between the petitioner and respondents arising out of Loan cum Hypothecation Agreement 18.11.2023. https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 236 of 2026 __________ Page2 of 2 SENTHILKUMAR RAMAMOORTHY, J. RNA For Petitioner(s): M/s. K Sendurpandi ORDER Relying on clause 28 of loan cum hypothecation agreement, the petitioner has applied for appointment of an arbitrator. On perusal of documents filed by the petitioner, it appears that this petition was preceded by demand notice dated 23.07.2024. The petitioner has, however, not issued a notice under Section 21 of the Arbitration and Conciliation Act, 1996. Therefore, this petition is premature. 2. By leaving it open to the petitioner to re-apply for appointment after issuing a Section 21 notice in the event such notice does not elicit the requisite response, this petition is disposed of. No costs. 07-04-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No RNA Arb O.P(COM.DIV.) No. 236 of 2026 https://www.mhc.tn.gov.in/judis