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2015 Supreme(Online)(Mad) 53

MADRAS HIGH COURT
Prabha Sridevan, J
Karismaa MEP Services Pvt. Ltd. Chennai v. KGS Milestone Constructions Ltd. Chennai


Advocates:
For the Appellants/Petitioners: [Not Listed]
For the Respondents: [Not Listed]

1. These are three petitions under S.11 of the Arbitration and Conciliation Act, 1996 , (hereinafter referred to "the said Act"). Contractual arrangements were entered into inter se the parties whereby the petitioner was required to carry out electrical works in the respondent's development projects "KGS - VRUDHI" and "KGS - GREEN", at Chennai and Trivandrum, for which contracts were executed on 23.05.2011, 01.06.2011 and 31.05.2011. It is the case of the petitioner that progress of the work was slow, which was eating up the profits and since the position did not improve, a decision was taken by the petitioner to relieve itself from the projects in the month of January, 2012 and January 2013 respectively. The final running bills are said to have been executed on 25.02.2012, 30.01.2012 and 25.01.2012 for Rs.64,89,825.63, Rs.12,23,742.00 and 7,67,067.00 respectively and the respondents have not paid the amounts due. The amounts were not paid and thus the petitioner opted to invoke clause - 10 of the contract which provide for arbitration and which reads as under:
"Clause 10: Any claim or dispute relating to interpretation or execution of this contract that cannot be settled amicably






















































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