M/s.Sterling Holiday v. Mr.Jaiprakash Krishnaswamy
Case brief
What is this about?
The petitioner filed an original petition under Section 34 of the Arbitration and Conciliation Act, 1996, to set aside an arbitral award. Both parties represented that the dispute was settled amicably through a compensation payment. The court recorded the joint memorandum of compromise and closed the petition. No costs were awarded. Connected application was also closed.
What did the court decide?
Petition closed upon recording of joint memo of compromise. Connected application also closed. No costs.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 19.12.2018
CORAM:
THE HONOURABLE MR. JUSTICE S.VAIDYANATHAN
Original Petition No.930 of 2017
M/s.Sterling Holiday Resorts India Ltd. No.7 City Towers, 3rd Cross Street, Kasturibai Gandhi Nagar, Adyar, Chennai 600 020. Rep. by its General Manager. ...Petitioner Vs. Jaiprakash Krishnaswamy Naidu, No.7/801, Ceebros Tower, Sector 16, Nerul West, Navi Mumbai 400 706. Maharashtra. ... Respondent
Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside the Award dated 07.10.2017 passed by the Arbitral Tribunal comprising of the Sole Arbitrator, Mr.Suhrith Parthasarathy.
For Petitioner : Mr.B.Deepak Narayanan Counsel for Caveator For Respondent : Mrs.AL.Ganthimathi
O R D E R
Today, when the matter is taken up for hearing, it is represented by the
Issues for consideration
1 issue framed by the court
Whether to record the parties' Joint Memo of Compromise and dispose of the petition to set aside the arbitral award.
Parties & counsel
- petitioner
M/s.Sterling Holiday Resorts India Ltd.
- respondent
Jaiprakash Krishnaswamy Naidu
Coram
SVAIDYANATHAN
Case details
As recorded by the court registry
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