Appeal challenging an interim attachment order in arbitration proceedings. The court disposed of the appeal with liberty to challenge the arbitral award after fulfilling legal requirements, as the award was not yet challenged.
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.
C.M.A.No.2249 of 2021
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 02.02.2024
CORAM
THE HONOURABLE MR.JUSTICE K. RAJASEKAR
C.M.A.No.2249 of 2021 and CMP.No.12438 of 2021
PRAYER : Civil Miscellaneous Appeal filed under Section 37 of Arbitration and Conciliation Act to set aside the order of attachment dated 02.04.2020 in I.A.No.45 of 2020 in Arbitration Case No.SSP/SF/258 of 2019 passed by the learned Sole Arbitrator.
For Appellants : No appearance For Respondent : Mr.R.Umasankar for M/s.Sri & Shankar Associates
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C.M.A.No.2249 of 2021
JUDGMENT
This appeal has been filed under section 37 of the Arbitration and Conciliation Act, challenging the order of attachment dated 02.04.2020 in I.A.No.45 of 2020 in Arbitration Case No.SSP/SF/258 of 2019 passed by the learned Sole Arbitrator.
C.M.A.No.2249 of 2021
on 06.09.2022, under which the appellants were jointly and severally directed to pay a sum of Rs.2,37,59,585/- together with interest at 18% per annum from the date of claim till the date of realisation.
02.02.2024
dpq Index: Yes/ No Internet: Yes/No Speaking Order/Non-speaking Order 3/4
C.M.A.No.2249 of 2021
K. RAJASEKAR, J.
dpq
C.M.A.No.2249 of 2021
02.02.2024
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1 provisions across 1 enactments
P.S.Sethuraman
M.Banumathi
M/s.Sundaram Finance Limited
K. Rajasekar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
