Extracted from the PDF above. The PDF is authoritative.
Arb O.P(COM.DIV.) No. 130 of 2026 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 15-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb O.P(COM.DIV.) No. 130 of 2026 Five Star Business Finance Limited, Regd. office at New No.27 (Old No.4) Taylors road, Kilpauk, Chennai - 600 010. Represented by its Authorised Signatory Madhusandan Someswaran. ..Petitioner(s) Vs
1. Mr.Devaraj
2. Mr.Mariyal D
3. Mr.Devendran
4. Mrs.Bharathi D ..Respondent(s) Petition filed under Section 11 (5) & (6) of the Arbitration and Conciliation Act, 1996, to appoint a Sole Arbitrator to adjudicate the differences and disputes between the petitioner and the respondents under the Loan Agreement
dated
26.02.2024
Bearing
Reference
Number FSTNLALONS000005530096. For Petitioner(s): Mr.P.Suresh For Respondent(s): Mr.K.Sudhakar (For RR1 to R4) https://www.mhc.tn.gov.in/judis
Arb O.P(COM.DIV.) No. 130 of 2026 __________ Page2 of 4 ORDER This Arbitration Original Petition has been filed to appoint a Sole Arbitrator to adjudicate the differences and disputes between the petitioner and the respondents under the Loan Agreement dated 26.02.2024 Bearing Reference Number FSTNLALONS000005530096.
2. Heard both sides.
3. When the matter was taken up for hearing, the respective learned counsels appearing for the parties would submit that they have no objection for appointment of an Arbitrator to enter upon the dispute that had arisen between the parties. Hence, they request this Court to appoint an Arbitrator to resolve the dispute.
4. In view of the consent that has been expressed by the learned counsel appearing on either side, I am inclined to appoint Mr.O.S.Tilak Pasumpadiyar, Advocate, No.291, New Law Chamber, High Court, Chennai – 600 104 (Mobile No.9840799222) as Sole Arbitrator to enter upon the dispute between the petitioner and the respondents. https://www.mhc.tn.gov.in/judis
Arb O.P(COM.DIV.) No. 130 of 2026 __________ Page3 of 4
5. The learned Sole Arbitrator is entitled to fix his fees as per the Schedule-IV of the Act. This Court further requests the learned Sole Arbitrator to endeavour to decide the dispute as expeditiously as possible, however, not later than six(6) months from the date of his entering into reference.
6. Accordingly, this Arbitration Original Petition is ordered. 15-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No kak https://www.mhc.tn.gov.in/judis
Arb O.P(COM.DIV.) No. 130 of 2026 __________ Page4 of 4 K.KUMARESH BABU, J. kak Arb O.P(COM.DIV.) No. 130 of 2026 15-07-2026 https://www.mhc.tn.gov.in/judis