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M/S.Sri Ambal Mills Limited vs M/S.Shiva Texyarn Limited
2021 Latest Caselaw 11082 Mad

Citation : 2021 Latest Caselaw 11082 Mad
Judgement Date : 29 April, 2021

Madras High Court
M/S.Sri Ambal Mills Limited vs M/S.Shiva Texyarn Limited on 29 April, 2021
                                                                   CMA.Nos.1477 & 1478 of 2018
                                                             and CMP.Nos.11762 & 11763 of 2018

                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED: 29.04.2021

                                                     Coram

                                       The Hon'ble Mr. Justice V.PARTHIBAN

                                         CMA.Nos.1477 & 1478 of 2018
                                      and CMP.Nos.11762 & 11763 of 2018

                     1.M/s.Sri Ambal Mills Limited,
                       Rep. by its Managing Director Mr.C.D.Menon,
                       Regd., Office at Kamanaickenpalayam,
                       Somanur – 641 668 and Administrative Office at No.20,
                       Bharathi Park Road,
                       No.1, Coimbatore – 641 001.

                     2.C.D.Menon (Since Dead)
                       Rep. by Legal Heirs
                     3.Jaya R.Menon
                       W/o.Late Shri C.R.Menon
                     4.R.Pujitha
                       D/o.Late Shri C.R.Menon
                     5.R.Krithika
                       D/o.Late Shri C.R.Menon           ... Appellants/Petitioners
                                                               in both appeals

                                                       Vs.
                     1.M/s.Shiva Texyarn Limited,
                       having its Regd. Office at No.252,
                       Mettupalayam Road,
                       Coimbatore – 641 043,
                       Represented by its Director.

                     2.Mr.S.Shanmugam,
                       District and Session Judge (Retd.,)
                       Sole Arbitrator,
                       No.44/3, 4th Cross Street,
                       Thirumangalam Nagar,
                       Vadavalli,
                       Coimbatore – 641 041.             ... Respondents/Respondents
                                                                in both appeals

https://www.mhc.tn.gov.in/judis/
                     1/4
                                                                   CMA.Nos.1477 & 1478 of 2018
                                                             and CMP.Nos.11762 & 11763 of 2018




                     Common Prayer: Civil Miscellaneous Petitions filed under Section

                     37 of Arbitration and Conciliation Act, 1996, to set aside the

                     impugned fair and decreetal order dated 03.02.2018 made in

                     AOP.Nos.302 & 303 of 2011 on the file of the learned Principal

                     District Judge, Coimbatore.


                                    For Appellants
                                    in both appeals   : Mr.S.Udayakumar

                                    For Respondents
                                    in both appeals : Mr.N.Manokaran



                                               COMMON JUDGMENT


                               Today when the matters are taken up for hearing, the learned

                     counsel for the appellant would submit that the compromise has

                     arisen between the parties in the above matters. The contents of

                     the compromise are extracted hereunder:



                                    “It is humbly submitted that the claim amount in
                               the above CMA No.1477 of 2018 is settled out of court
                               as full and final settlement. The Hon'ble High Court of
                               Judicature at Madras may kindly record the same as
                               settled out of court and full court fees may kindly be
                               returned”

https://www.mhc.tn.gov.in/judis/
                     2/4
                                                                  CMA.Nos.1477 & 1478 of 2018
                                                            and CMP.Nos.11762 & 11763 of 2018




                               2.In view of the compromise memo filed by the both parties,

                     these Civil Miscellaneous Appeals are dismissed as settled out of

                     Court. The Registry is directed to refund the court fee as per the

                     Rules. No costs. Consequently, connected Miscellaneous Petitions

                     are closed.



                                                                           29.04.2021
                     mrm

                     Note: Issue order copy on 30.04.2021

                     Index:Yes/No
                     Internet:Yes
                     Speaking Order




https://www.mhc.tn.gov.in/judis/
                     3/4
                                                 CMA.Nos.1477 & 1478 of 2018
                                           and CMP.Nos.11762 & 11763 of 2018



                                                        V.PARTHIBAN,J.

Mrm

CMA.Nos.1477 & 1478 of 2018 and CMP.Nos.11762 & 11763 of 2018

29.04.2021

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

 
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