The court dismissed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, as the matter was amicably settled out of court after a demand was paid. The registry is directed to refund the petitioner's deposit.
Original Petition dismissed as settled; registry directed to refund petitioner's deposit.
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1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 18.07.2019
CORAM
THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR
O.P. No. 416 of 2019
M/s.Larsen and Toubro Ltd., L&T Construction and Heavy Civil Infrastructure rep.by its Power of Attorney Holder P.Jayaprakash P.B.No.979, Mount Poonaamallee Road, Manapakkam, Chennai 600 089. ... Petitioner Vs.
2.M/s.Sugesan Transport Pvt. Ltd., No.340, 1st South Main Road, Kalpaleeshwar Nagar, Neelankarai, Chennai 600 095. ... Respondents
Petition filed under Section 34(1) of the Arbitration and Conciliation Act, 1996 (as amended), to setaside the award dated 23.10.2018 passed by the micro and Small Enterprises Facilitation Council in proceedings MSEFC/CR/118/2013.
For Petitioner : Mr.Satish Parasaran Senior Counsel for Mr.Preethi Mohan
For Respondent : Mr.Nithyaesh Natraj
2
N.SATHISH KUMAR.,J. sk
ORDER
A Memo filed by the petitioner is taken on file and recorded and the same would indicate that the matter has been amicably settled out of Court for a sum of Rs.5,14,19,154/- (Rupees Five Crore Fourteen Lakhs Nineteen Thousand One Hundred and Fifty Four only). For the said settled sum, Demand Draft was given to the respondent and the same has been acknowledged by them.
18.07.2019
sk Note:Issue order copy on 19.07.2019
Index : Yes/ No Internet : Yes/ No Speaking Order/ Non-speaking Order
O.P. No. 416 of 2019
M/s.Larsen and Toubro Ltd.
Micro and Small Enterprises Facilitation Council
M/s.Sugesan Transport Pvt. Ltd.
N.Sathish Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
