This order grants an application under Section 11(6) of the Arbitration and Conciliation Act, 1996. The court found an arbitration agreement valid and appointed Mr. P.V. Balasubramaniam as sole arbitrator with a six-month timeline.
Appointment of Mr. P.V. Balasubramaniam as Sole Arbitrator; directive to decide within six months.
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.
Arb.O.P.(Comm.Div.) No.464 of 2024
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Dated: 11/12/2024
C O R A M
THE HONOURABLE Mr.JUSTICE P.B.BALAJI
Arb.O.P.(Comm.Div.) No.464 of 2024
M/s.Shriram Finance Limited (Formerly known as M/s.Shriram Transport Finance Company Limited) rep. By its Authorised Signatory Mr.M.Sakthivel New No.70 Old No.27, S-4 II Floor North Mada Street Mylapore Chennai 600 004. ...
Chennai 600 004. ... Petitioner Vs 1. Mohan Babu 2. Sampath ... Respondents
PRAYER : Arbitration Original Petition filed under Section 11 (6) of the Arbitration and Conciliation Act, 1996, to appoint a sole arbitrator to adjudicate upon the differences and disputes between the parties under the said Loan-cum-Hypothecation agreement dated 26/6/2018.
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Arb.O.P.(Comm.Div.) No.464 of 2024
For petitioner ... Ms.A.S.Neela Narayani For respondents ... Ms.Lakshmi Vijayakumar
This Arbitration Original Petition has been filed under Section 11(6)
of the Arbitration and Conciliation Act, 1996 (hereinafter called as 'the Act') to appoint an Arbitrator in respect of the dispute arising out of alleged Loancum-Hypothecation Agreement dated 26/6/2018 between the petitioner and respondents.
and Ms.Lakshmi Vijayakumar, learned counsel for the respondents.
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Arb.O.P.(Comm.Div.) No.464 of 2024
Mr.P.V.Balasubramaniam, Advocate, having address at III/1, Third Floor, Sai Durbar Apartments, 50, II Main Road, R.A.Puram, Chennai 600 028 (Cell:98410 41888), as th e Sole Arbitrator. The sole Arbitrator is directed to enter upon reference and adjudicate the dispute in accordance with law.
IV to the Act. This Court further requests the learned Arbitrator to endeavor to decide the dispute as expeditiously as possible, however, not later than six
11/12/2024
mvs.
Index : Yes / No
Neutral Citation: Yes / No
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Arb.O.P.(Comm.Div.) No.464 of 2024
P.B.BALAJI,J
mvs.
Arb.O.P.(Comm.Div.) No.464 of 2024
11/12/2024
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1 issue framed by the court
Whether the court is satisfied with the existence of a valid arbitration agreement between the parties to appoint a sole arbitrator.
2 provisions across 1 enactments
M/s. Shriram Finance Limited (rep. By its Authorised Signatory Mr.M.Sakthivel)
Mohan Babu
Sampath
P.B. Balaji
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
