LAWS(MAD)-2007-3-407

VINITHA ASSOCIATES LTD Vs. LAKSHNA HOLDINGS PVT LTD

Decided On March 26, 2007
VINITHA ASSOCIATES LTD. Appellant
V/S
LAKSHNA HOLDINGS PVT. LTD. Respondents

JUDGEMENT

(1.) THIS Original petition No. 756 of 2000, has been filed under Section 34 of the Arbitration and Conciliation Act, 1996, hereinafter called 'the Act', to set aside the award dated 16. 9. 1998 of the 2nd respondent in A. M. No. 29 of 1997.

(2.) APPLICATION No. 2402 of 2005 has been filed by the applicant/1st respondent to dis?miss the above O. P. No. 756 of 2000 with ex?emplary costs.

(3.) THE brief facts as culled out from the above petitions are as under: