Application No.2708 of 2014 is filed for grant of stay of further proceedings in pursuant to the interim award dated 15.03.2014 passed by the Arbitral Tribunal in regard to the firm “Dinamalar”, pending disposal of the main O.P.No.269 of 2014.

2. O.P.No.269 of 2014 is filed for setting aside the interim arbitration award dated 15.03.2014 passed by the learned Arbitrators. In Application No.2708 of 2014, this Court by an order dated 30.04.2014, after hearing the counsels appearing on either side, passed an order as follows:

3. Pending further hearing in this matter, the arbitral proceedings shall go on insofar as the following issues are concerned:

(i) valuation of land, building and machines of the firm;

(ii) auditors for auditing the accounts of the firm for the period after dissolution, will be issued shortly.

4. As regards the issue that “the business value of each of ten editions and of the Dinamalar firm as a whole” will be kept in abeyance until further orders of this court and will be considered by this Court on the next hearing (i.e.) 3.6.2014. The parties are directed to comply with the other directions issued in the minutes of the 86th Meeting of the Tribunal held on