Sri Kaleeswari Stores v. Equitas Small Finance Bank Limited
Arbitration Appeal – Dismissal as infructuous
Case brief
What is this about?
Madras High Court, Division Bench (P. Velmurugan J., author, with K. Govindarajan Thilakavadi J.), decision dated 22-04-2026, Arb Appeal No. 52 of 2025 with CMP Nos.24923 and 24925 of 2025. Appeal by Sri Kaleeswari Stores / R. Venkateswaran / Selvi V against Equitas Small Finance Bank Limited seeking setting aside of the Sole Arbitrator's interlocutory order dated 04.10.2025 in IA No.1 of 2025. Final award passed in the main arbitration case during the appeal's pendency; appeal held infructuous and dismissed; miscellaneous petitions closed; no costs; liberty reserved to contest the arbitration award. No statutes or precedents cited; counsel: P.J. Rishikesh (appellants), S. Suresh (respondent bank).
What did the court decide?
No substantive relief; the appeal was dismissed as infructuous, the connected Miscellaneous Petitions (CMP Nos.24923 and 24925 of 2025) were closed, there was no order as to costs, and the appellants were left free to work out their remedy against the arbitration award.