SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2024 Supreme(Mad) 174

C. SARAVANAN
Saurab Jain – Appellant
Versus
Remedi Speciality Medicines LLP For the Petitioner: U. Vijay Metha, Advocate. – Respondent


Advocates appeared:
For the Respondents:V. Kuberan for M/s. Rank Associates, Advocates.

JUDGMENT

(Prayer: Original Petition is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying for appointment of a Sole Arbitrator to adjudicate upon the disputes arisen between the petitioner and the respondents under the LLP Agreement dated 02.03.2016 and inspect, scrutinize and verify the books of accounts of the LLP and determine the amounts payable to the petitioner upon retirement as per the terms of the LLP and to direct the respondents to pay cost of the petition.)

1. This Original Petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, for appointment of a Sole Arbitrator.

2. The petitioner is a confounding partner of the first respondent M/s.Remedi Speciality Medicines Limited Liability Partnership (LLP), which was registered as a Limited Liability Partnership Firm vide LLP Agreement dated 02.03.2016 under the provisions of the Limited Liability Partnership Act, 2008.

3. The other partner who had joined with the petitioner in forming the first respondent Partnership Firm exited and the second, third and fourth respondents have stepped in as the new partners. It appears that after the second, third and fourth respond

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top