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2008 Supreme(Mad) 3779

CHITRA VENKATARAMAN
Hindustan Life Care, rep. by its Partner, Gopinath N. Goswami, Chennai & others – Appellant
Versus
N. Ramesh, S/o. K. Narayanaswamy, Chennai and Another – Respondent


Advocates Appeared:
For the Petitioners:Satish Parasaran, Advocate.
For the Respondent:Chitra Sampath, Advocate.

Judgment :

Ms. Chitra Venkataraman, J.

The Original Petition is against the interim award dated 7. 2008 passed by the learned Arbitrator wherein, the learned Arbitrator held that the firm Hindustan Life Care, first petitioner herein, would stand dissolved with effect from 20.12.2005; that the first respondent is entitled to share of profits of the firm subsequent to 20.12.2005 till the accounts are fully settled under Section 37 of the Act. The learned Arbitrator directed the petitioners herein to produce the accounts of the firm from 4. 2005 till the date of dissolution and all subsequent accounts till the date of final settlement before the Tribunal within two weeks. The learned Arbitrator directed the parties to file a list of panel of auditors to inspect the accounts and on the Tribunal appointing the Chartered Accountant, the accounts shall be scrutinized to find out the amount due to the parties.

2. The petitioners herein questioned the award primarily on the ground that the learned Arbitrator exceeded his jurisdiction in ordering a dissolution of the firm. The main question that was posed before the learned Arbitrator was as to whether the first respondent was entitled to di












































































































































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