M/s. Savera Constructions Pvt. Ltd v. M/s. Aditya Construction Company India Pvt. Ltd
Court: High Court for State of Telangana
Bench: A.RAJASHEKER REDDY
Judgment date:
Case summary
High Court for State of Telangana judgment dated 2020-02-25. M/s. Savera Constructions Pvt. Ltd v. M/s. Aditya Construction Company India Pvt. Ltd. Read the...
Judgment text
\ IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD TUESDAY ,THE TWENTY FIFTH DAY OF FEBRUARY TWO THOUSAND AND TWENTY PRESENT THE HONOURABLE SRI JUSTICE A. RAJASHEKER REDDY ARBITRATION APPLICATION NO: 82 OF 2019 Between: 1. lV/s. Savera Constructions Pvt. Ltd, having its Registered Office atGl10, Shanti Niketan, New Delhi-110021, represented by its Director, P. V. S. Sarma 2. Smt, Chinnamchetty Kasturi Bai, W/o. Shri C. Ramachandran, Aged about 63 years, Occu. Housewife, R/o. Plot No. 3A, Road No. 71, Jubilee Hills, Hyderabad-500033. Petitioners AND lV/s. Aditya Construction Company lndia Pvt. Ltd. , having its Registered Office at Plot No. 291A, Road No. 5, Aditya [Vlansion, Jubilee Hills, Hyderabad-500033, Telangana. . RESPONDENT Arbitration Application Under Section 11 (5) & (6) of the Arbitration and Conciliation Act, 1996 R/w.
Scheme forAppoint of Arbitrators , 1996 praying that for the reasons stated in the affidavit filed therewith, the High Court may be pleased to i a) to appoint any person as Sole Arbitrator, as per the Arbitration Agreement dated 01. 01 . 2012 among the petitioners and respondent herein, and refer for arbitration, the disputes and/or differences that have arisen between the petitioners and the respondent, as more specifically detailed herein above by adjudicating preliminary issue of existence of valid arbitration agreement. b)award costs of the present proceedings in favour of the Petitioners and against the Respondent Counsel for the lst Petitioner: SRI R. N. HEMENDRANATH REDDY Counsel for the 2"d Petitioner : Sri SUDERSHAN REDDY (LEARNED SENIOR couNSEL ) Counsel for the Respondent: SRI ACHANTA SRINIVAS The Court made the following: ORDER HON'BLE SRT JUSTICE A. RAJASHEKER REDDY ARBITRATION APPLICTION No. 82 OF 2019 ORDER: Sri R. N.
Hemendranath Reddy, learned counsel appearing for 1" petitioner and Sri Sudershan Reddy, learned Senior Counsel appearir-rg [or' 2''d petitioner seeks perrnission of this Courl to withdraw the application with liberty to file fresh application. Permission is accorded Accordingly the Arbitration Application is dismissed as withdrawn granting liberty to the applicants to institute fresh Application. No ordet'as to costs. As a sequel thereto, miscellaneous petitions, if any pending, in this Application shall stand closed i Sd/-K. GANGADHAR RAO JOINT ISTRAR /TRUE COPY/ SECTIO To 1. One cc to Sri R. N. Hemendranath Reddy, Advocate (OPUC) 2. One cc to sri sudershan Reddy, learned Senior counsel (OPUC) 3. One cc to Sri A. Srinivas, Advocate (OPUC) 4. Two CD Copies. \*- \ HIGH COURT ARRJ DATED:25/0212020 1 Ha S fa r e ( J o <- (-' AljG 2 I 2U0 + I Dr C . s PATCH 7-;t ORDER ARB. APPL. No. 82 of 2019 Dismissing the Arbitration Application as withdrawn. sst/ ' y eA bY' )r ra\ *\**
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