LIC Housing Finance Ltd. v. M/S.Spr Construction Private Limited
Case brief
What is this about?
LIC Housing Finance Ltd v M/s. SPR Construction Private Limited and M/s. Binny Limited; C.M.A.No.3175 of 2024; C.M.P.No.26340 of 2024; High Court of Judicature at Madras; appeal under Section 37(2)(b) of the Arbitration and Conciliation Act, 1996 read with Order 41 Rule 1 CPC and Rule 9 of the Madras High Court (Arbitration) Rules, 2020; against Arbitral Tribunal order dated 24.04.2024 in Application No.172 of 2023; appeal disposed of on out-of-court settlement; entire loan amount repaid; refund of court fee if any; no order as to costs; interim application disposed; bench K.R.Shriram CJ and Senthilkumar Ramamoorthy J; decision date 28.01.2025; advocates M.S.Krishnan (Senior Counsel), V.Adith Narayan, N.Ramakrishnan.
What did the court decide?
Refund of court fee, if any, in accordance with law; no order as to costs; interim application also disposed.