For Petitioner :Mr.Peer Mohamed For Respondents : Mr.R.Prabakar ORDER This Civil Revision Petition arises against the order passed by the Commercial Court (District Judge Cadre), Coimbatore, in I.A.No.1 of 2023 in AOP No.146 of 2023 dated 14.07.2023.

2.The Civil Revision Petitioner is the 1st respondent in AOP No.146 of

2023. It was originally presented as AOP No.143 of 2016. This challenges an award passed by an Arbitrator on 26.12.2015. The Civil Revision Petitioner was the claimant before the Arbitrator and the predecessor of the respondents herein was the respondent before the said authority.

3.Between the two parties, a trade loan agreement had been entered into. A sum of Rs.8 lakhs had been advanced by the claimant to the respondent. On account of the default committed by the borrower, the Civil Revision Petitioner invoked the Arbitration clause in the loan agreement and initiated Arbitration proceedings. It was successful before the Arbitrator. He passed an award for a sum of Rs.8,56,625/- together with interest, at the rate of 18% per annum and costs.

4.Aggrieved by the same, the respondent / borrower preferred AOP No.143 of 2016 under Section 34 of the Arbitration and Concilia