IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF MAY, 2019 BEFORE THE HON’BLE MR. JUSTICE SREENIVAS HARISH KUMAR M.F.A.NO.5325/2018 (AA) BETWEEN:
Coorg Index Securities Pvt. Ltd., (A Company registered under Companies Act, 1956), Having its registered office at No.101/S 14, Mahalakshmi Nivas, Race Course Road, New Extension Madikeri-571 201, Represented by its Managing Director, Sri.A.R.Shankar Prasad. …Appellant (By Sri. Gagan Ganapathy.M.B, Adv.,) AND:
1. Innova Securities and Investments Limited, (A Company registered under Companies Act, 1956), Having its registered office at Bengaluru Palace Compound, Next to Contractor’s Club, Jayamahal Road, Bengaluru-560 046.
2. Justice S.Jagadeesan (Retd), Sole Arbitrator, National Stock Exchange of India Limited, 8th Floor, Arihant Nitco Park, 90, Dr.Radhakrishnan Sali, Mylapore, Chennai-600 004. ... Respondents (By Sri.Pradeep.S.Sawkar, Adv., for C/R) This MFA is filed under Section 37(1)(C) of the Arbitration and Conciliation Act, 1996, against the order dated 03.04.2018 passed on I.A.No.1 in A.S.No.32/2016, on the file of the XXX Additional City Civil and Sessions Judge, Bengaluru (CCH-31), rejecting the I.A.No.1 filed by the applicant under Section 34(3) of the Arbitration and Conciliation Act, 1996, r/w Section 5 of the Limitation Act, 1963.
This appeal coming on for Orders, this day, the Court made the following:
ORDER The appellant has filed a Memo stating that the parties are likely to settle the matter and therefore, he wants to withdraw this appeal.
Memo is placed on record.
Appeal is dismissed as withdrawn.
Sd/- JUDGE bkp