VINOD K.SHARMA
Laskhmi Rauschenbach Rep by Her Power of Attorney Anand Sasidharan – Appellant
Versus
Valuesource Technologies (P) Ltd. , Rep by its Director Christian Lippens – Respondent
1. The petitioner has challenged the Award dated 27.08.2009 passed by the Hon'ble Mr.Justice J.Kanakaraj, Judge (Retd.), Sole Arbitrator.
2. The petitioner entered into agreement for lease with respect to the property bearing Door No.1, Swathi Ceebros Residential Complex, Raja Rangasamy Avenue, Yekediar Enclave, Valmiki Nagar, Chennai.
3. The petitioner is the owner of the residential house having a built up area of 2665 sq.ft. together with fixtures and fittings as shown in the annexure to the agreement. The lease was for the period of 11 months with option to renew it for a like period. The rent was fixed at Rs.52,500/- (Rupees Fifty Two Thousand Five Hundred only) per month and the respondent no.1 also deposited a security deposit of Rs.5,25,000/- (Rupees Five Lakhs and Twenty Five Thousand only) as interest free deposit.
4. It is submitted, that it was the responsibility of respondent no.1 to maintain the fixtures and fittings and the amenities provided in the rent premises in good condition. As per the terms of agreement, the respondent no.1 had agreed to deliver the vacant possession with fittings and fixtures in a good and sound repair. The 1st respondent was also ma
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