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Madras High Court

R.Veerasami vs M/S.Daimler Financial Services India on 14 September, 2023

Author: Abdul Quddhose

Bench: Abdul Quddhose

                                                             O.P. No.141 of 2021 and Application No.539 of 2021

                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                  DATED: 14.09.2023

                                                       CORAM

                                  THE HON'BLE Mr. JUSTICE ABDUL QUDDHOSE

                                                 O.P. No.141 of 2021
                                            and Application No.539 of 2021


                     1.R.Veerasami
                     2.V.Savithri                                            ... Petitioners

                                                      Versus

                     M/s.Daimler Financial Services India
                     Private Limited,
                     rep. by its Authorised Representative                   ... Respondent

                     Prayer: Original Petition filed under Section 34(1) of the Arbitration and
                     Conciliation Act, 1996 to set aside the Award dated 29.05.2019 passed in
                     the Arbitration Case A.C.P (Diamler) No.275 of 2018 with the cost of the
                     proceedings.


                                    For Petitioners   : Mr.B.Keerthivasan for
                                                        Mr.N.Anand

                                    For Respondent    : Mr.S.Ashwin Prashanth for
                                                        M/s.Pass Associates



                     1/2



https://www.mhc.tn.gov.in/judis
                                                              O.P. No.141 of 2021 and Application No.539 of 2021

                                                                             ABDUL QUDDHOSE, J.

                                                                                                           vga


                                                          ORDER

A settlement has been reached between the parties before the Mediation Centre and the parties have entered into a Joint Memorandum of Compromise. The Mediation Centre has also submitted its report confirming the settlement.

2.The Joint Memorandum of Compromise dated 11.09.2023 has been signed by the parties to the dispute including the respective counsels. In terms of the Joint Memorandum of Compromise, this Original Petition is disposed of. The said Joint Memorandum of Compromise dated 11.09.2023 shall form part of this order. Consequently, connected Application stands closed.

14.09.2023 vga O.P. No.141 of 2021 and Application No.539 of 2021 2/2 https://www.mhc.tn.gov.in/judis