HIGH COURT OF MADRAS
Hon`ble Mr Justice N. SATHISH KUMAR
S.VIJAYAMALA – Appellant
Versus
M/S.SHRIRAM CITY UNION – Respondent
ORDER
The challenge has been made against the Arbitral award dated
27.12.2013 passed by the Sole Arbitrator in Arbitration Case No. ACP (SCUF/EF) No.RK 117 of 2013 dated 27.12.2013.
2. The claim has been made as against the respondents for recovery of money as per the loan agreement executed by the first respondent and the other respondents stood as guarantors.
3. It is the case of the claimant that the first respondent therein has committed default. The agreement was terminated and therefore, notice invoking the arbitration was sent to the parties to the address given by them. Despite such notice, none of the respondents referred the matter to Sole Arbitrator as per the loan agreement. The Sole Arbitrator after issuing notice to the respondents has passed an award based on the documents filed directing the respondents to pay a sum of Rs.5,47,793/- jointly and severally with interest at the rate of 36% per annum. Challenging the same, the present application has been filed.
4. The main contention of the petitioner is that the award itself is challenged mainly on the ground that the notice has not been served on the petitioner namely the fourth respondent therein. In otherwise, she has g
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