The court directed the appellant-respondent to execute a previous order dated 03.12.2018 for payment of Rs. 2.40 crores with interest due to non-compliance, permitting coercive execution steps.
Respondent directed at liberty to take coercive steps to execute the Aug. 2018 order due to non-compliance.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION)
FRIDAY, THE 1ST DAY OF FEBRUARY 2019
THE HON'BLE MR. JUSTICE S.VAIDYANATHAN
O.P.No.1063 of 2018 and A. No.9241 of 2018
In the matter of Arbitration and Conciliation Act, 1996 and In the matter of M/s.Raga Foundation Pvt. Ltd., and Mr.Chandrasekaran & 3 others and award dated 12.07.2018 on the file of the Arbitrators.
-Versus-
M/s.Raga Foundations Pvt. Ltd., No.23/12, Desika Road, Alwarpet, Chennai-600 004. ... Respondent/Respondent
O.P. No.1063 of 2018:
Original Petition praying that this Hon'ble Court be pleased to set aside the award dated 12.07.2018 passed by the learned
Arbitrators in so far as it is against the petitioners and to
allow the counter claim filed by the petitioners herein for the recovery of Rs.3,77,00,000/- (Rupees three crores and seventy seven lakhs only) from the respondent.
A. No.9241 of 2018:
Application praying that this Hon'ble Court be pleased to https://hcservices.ecourts.gov.in/hcservices/ stay the proceedings of E.P. No.141 of 2018 on the file of this
Hon'ble High Court pending disposal of the above Original Petition.
This Original Petition along with application coming on this day before this court for hearing, the court made the following order:
Today, the matter was posted for reporting compliance of the order of this Court dated 03.12.2018.
//Certified to be a true copy//
Dated this the th day of 2019.
DL/13.02.2019 COURT OFFICER
From 25.09.2008 th e Registry is issuing certified copies of https://hcservices.ecourts.gov.in/hcservices/ the Order/Judgment Decree in this format.
M.S. Chandrasekaran
S.C. Sanjeev Kumar
S.C. Vijayakumar
M/s. V.N.S. Leather Exports Pvt. Ltd.
M/s. Raga Foundations Pvt. Ltd.
S. Vaidyanathan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
