V.P.Prabhakaran(Deceased) 1) Sivakumar v. Manappuram Chits India Limited
Case brief
What is this about?
Procedural disposal: Section 37(1)(c) Arbitration and Conciliation Act 1996 appeal (C.M.A.No. 2178 of 2023) against Commercial Court Coimbatore judgment dated 31.07.2023 in Arbitration Original Petition No.70 of 2023 dismissed as settled out of Court on withdrawal endorsement; connected C.M.P.No. 21010 of 2023 closed; no costs. Parties: legal heirs/appellants of V.P.Prabhakaran (Sivakumar, Rugmani, Vijaya Kumar, Jothi) vs M/s. Manappuram Chits India Limited; second respondent deleted 05.08.2024. No statutory construction, no precedent engagement, no monetary award.
What did the court decide?
Permission to withdraw the appeal granted on the out-of-court settlement endorsement; appeal dismissed as settled out of Court; connected Miscellaneous Petition closed; no order as to costs. ¶27