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2026 DAILYLAW 77916 (MAD)

M/s.Five Star Business Finance Limited v. Gopamma V

Arb O.P(COM.DIV.)/739/2025 · 2026-01-05

N Anand Venkatesh

Transfer Petitionbody2026

Judgment text

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Arb O.P(COM.DIV.) No. 739 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 05-01-2026 CORAM THE HONOURABLE MR JUSTICE N. ANAND VENKATESH Arb O.P(COM.DIV.) No. 739 of 2025 1. M/s.Five Star Business Finance Limited Regd. Office at New No.27 (Old No.4) Taylors road, Kilpauk, Chennai - 600 010. Represented by its Authorized Signatory Madhusandan Someswaran. Applicant(s) Vs 1. Gopamma V W/o.Venkatesh, C/145. Heggadahalli, Nanjangud Taluk, Mysore District, Karnataka - 571314. 2.Shabareesha S/o.venkatesh, C/145. Heggadahalli, Nanjangud Taluk, Mysore District, Karnataka - 571314. 3.Shreenivasa S/o.venkatesh, C/145. Heggadahalli, Nanjangud Taluk, Mysore District, Karnataka - 571314. Respondent(s) PRAYER https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 739 of 2025 Petition filed under Section 11 (5) and (6) of the Arbitration and Conciliation Act, 1996 praying to appoint a Sole Arbitrator to adjudicate the differences disputes between the petitioner and the respondents under the Loan Agreement dated 01.02.2023 Bearing References Number FSKALALONS000005388440. For Applicant(s): P Suresh ORDER This petition has been filed under Section 11 of the Arbitration and Conciliation Act, 1996 [for brevity hereinafter referred to as the “Act”] for appointment of an Arbitrator. 2. When the matter came up for hearing on 21.11.2025, this Court passed the following order:- This original petition has been filed under Section 11(5) of the Arbitration and Conciliation Act, 1996 seeking for appointment of an Arbitrator to adjudicate the disputes between the petitioner and the respondents in terms of Article 10 of the arbitration loan agreement dated 01.02.2023. 2. The trigger notice under Section 21 of the Arbitration and Conciliation Act has been issued on 09.06.2025. 3. Notice to the respondents returnable by 17.12.2025. Private notice is also permitted. 4. Post the case on 17.12.2025 https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 739 of 2025 3. Pursuant to the above order, notices were served on the respondents and their names have also been printed in the cause- list. Though notice has been served and their names have been printed in the cause-list, there is no appearance either in person or through counsel and hence, there is a deemed service. 4. The agreement between the parties is in line with Section 7 of the Act and the agreement also provides for an arbitration clause. 5. Heard the learned counsel appearing for the petitioner and carefully perused the materials available on record. 6. Taking into consideration the materials placed before this Court and the earlier order passed by this Court on 21.11.2025, Mr. A.K.Rajaraman, No.29, Karpagambal Nagar, Mylapore, Chennai 600 004 Mobile No.9487267642 email id : rajaramanak@gmail.com , is appointed as sole Arbitrator and the Arbitrator is requested to adjudicate the arbitral dispute that were arising between the parties by holding the sittings in any venue in Chennai to the convenience of all concerned and render an award. Fees of the sole Arbitrator shall https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 739 of 2025 be in accordance with the Madras High Court Arbitration Centre (MHCAC)(Administrative Cost and Arbitrator's Fees) Rules 2017. 7. This Arb. OP is disposed of in the above terms. There shall be no order as to costs. 05-01-2026 Index:Yes/No Speaking/Non-speaking order Internet:Yes Neutral Citation:Yes/No https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 739 of 2025 To 1.Gopamma V W/o.Venkatesh, C/145. Heggadahalli, Nanjangud Taluk, Mysore District, Karnataka - 571314. 2.Shabareesha S/o.venkatesh, C/145. Heggadahalli, Nanjangud Taluk, Mysore District, Karnataka - 571314. 3.Shreenivasa S/o.venkatesh, C/145. Heggadahalli, Nanjangud Taluk, Mysore District, Karnataka - 571314. https://www.mhc.tn.gov.in/judis Arb O.P(COM.DIV.) No. 739 of 2025 N.ANAND VENKATESH J. rka Arb O.P(COM.DIV.) No. 739 of 2025 05-01-2026 https://www.mhc.tn.gov.in/judis