M/s.Shrinithi Capital Private Ltd. Vs Gopal L.N,S/O.Nadarajan — Madras HC (2025) — LawSathi Research

M/s.Shrinithi Capital Private Ltd. Vs Gopal L.N,S/O.Nadarajan — Madras HC (2025) — LawSathi Research

What the court decided

AI extract

Outcome

Appointment of Mrs. R. Meenal as sole Arbitrator to adjudicate the arbitral dispute between the parties (sittings at any Chennai venue convenient to all concerned; fees per the Madras High Court Arbitration Centre (MHCAC) (Administrative Cost and Arbitrator's Fees) Rules 2017), with the Registry directed to amend the order (agreement date corrected to 21.10.2022) and issue a fresh order copy.

Issue for consideration

Whether a sole Arbitrator should be appointed to adjudicate between the Petitioner and the Respondents arising out of the Loan-cum-Hypothecation Agreement dated 21.10.2022, a new Arbitrator being requested as the parties could not get in touch with the Arbitrator earlier appointed by this Court. +1 more

Court's answer

The Registry is directed to carry out the necessary amendment (correction of the agreement date) and issue a fresh order copy.

Ratio / Principle

Mrs. R. Meenal is appointed as the sole Arbitrator and is requested to enter upon reference to adjudicate the arbitral dispute arising between the parties.

Key takeaways

The sole Arbitrator is to hold sittings at any venue in Chennai to the convenience of all concerned and render an award.ratio¶23
Fees of the sole Arbitrator shall be in accordance with the Madras High Court Arbitration Centre (MHCAC) (Administrative Cost and Arbitrator's Fees) Rules 2017.ratio¶23

Detailed headnote1 paragraphs

Madras High Court (N. Anand Venkatesh J.), 10.12.2025 — Arb O.P(COM.DIV.) No. 338 of 2025 — Clarificatory order in an arbitration appointment matter: as the parties were unable to get in touch with the Arbitrator earlier appointed by the Court, Mrs. R. Meenal was appointed as sole Arbitrator to enter upon reference and adjudicate the arbitral dispute between M/s.Shrinithi Capital Private Ltd (Applicant) and Gopal L.N and Manikandan (Respondents) arising out of the Loan-cum-Hypothecation Agreement dated 21.10.2022, with sittings at any venue in Chennai convenient to all concerned; the Arbitrator's fees to be per the Madras High Court Arbitration Centre (MHCAC) (Administrative Cost and Arbitrator's Fees) Rules 2017. Since the agreement date had been wrongly mentioned at Paragraph Nos. 1 and 3 of the earlier order, the Registry was directed to carry out the necessary amendment (correcting the date to “21.10.2022”) and issue a fresh order copy. Disposition: prayer allowed.

Arb O.P(COM.DIV.) No. 338 of 2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 10.12.2025

CORAM

THE HONOURABLE MR JUSTICE N. ANAND VENKATESH

Arb O.P(COM.DIV.) No. 338 of 2025

M/s.Shrinithi Capital Private Ltd Represented by its Chief Manager,Mr.R.SELVAM, at 7th Floor,2A,Mookambika complex, No.4,Lady Desika Road,Mylapore, Chennai-600004.

Applicant(s)

Vs

GOPAL L.N,S/O.Nadarajan No.97/1,Supurayavalasu,46 Pudur, Magali Amman Temple,Erode-638002.

2.Manikandan,S/o.Ramasamy No.19/2, Knk Road, Union Bank Opp, Erode-638003.

Respondent(s)

PRAYER

To Appoint a Sole Arbitrator to adjudicate between the Petitioner and the Respondents arising out of the Loan-cum-Hypothecation Agreement dated 21.10.2022

For Applicant(s): K.Sendurpandi For Respondent(s): Mr.V.Kadhirvelu for R1

https://www.mhc.tn.gov.in/judis

Arb O.P(COM.DIV.) No. 338 of 2025

ORDER

The matter was listed under the caption for clarification today

on the ground that the parties were not able to get in touch with the

Arbitrator appointed by this Court. Hence, a request was made to appoint a new Arbitrator to enable the parties to proceed further with the case,

A mention was also made stating that the date of loan cum hypothecation agreement at Paragraph 1 and 3 has been wrongly mentioned at Paragraph No.1 and 3 of the order and it has to be corrected as “21.10.2022”.

In view of the above, Mrs.R.Meenal, Plot No.3, Flat C Saravana Apartments, Kumaran Foundation I Cross Street, Vijayanagar North Extension, Velachery, Chennai 600 042, Email id: [email protected] Mobile No.9840353442, is appointed as the sole Arbitrator and the Arbitrator is requested to enter upon reference to adjudicate the arbitral dispute that were arising between the parties by holding the sittings in any venue in Chennai to the convenience of all concerned and render an award. Fees of the sole Arbitrator shall be in accordance with the Madras High Court Arbitration Centre (MHCAC) (Administrative Cost and Arbitrator's Fees) Rules 2017.

https://www.mhc.tn.gov.in/judis

Arb O.P(COM.DIV.) No. 338 of 2025

The Registry is directed to carry out the necessary amendment and issue fresh order copy.

10.12.2025

rka Index:Yes/No Speaking/Non-speaking order Internet:Yes Neutral Citation:Yes/No

To 1.Gopal L.N,S/O.Nadarajan No.97/1,Supurayavalasu,46 Pudur, Magali Amman Temple,Erode-638002.

2.MANIKANDAN,S/o.RAMASAMY No.19/2, Knk Road, Union Bank Opp, Erode-638003.

https://www.mhc.tn.gov.in/judis

Arb O.P(COM.DIV.) No. 338 of 2025

N.ANAND VENKATESH J. rka

Arb O.P(COM.DIV.) No. 338 of 2025

10.12.2025

https://www.mhc.tn.gov.in/judis