IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 16.02.2026 CORAM THE HONOURABLE MR.JUSTICE N.ANAND VENKATESH M/s.Sundaram Finance Limited, No.21, Patullos Road, Chennai – 600 002.

represented by its Authorised Signatory Mrs.Flora Nirmala .... Petitioner Vs.

1.M/s.Lotus Associates, represented by its Proprietor – Mr.M.Duraisamy, 36, Tharakeswari Nagar Main Road, Sembakkam, Chennai – 600 073.

Also at:

No.9/827, 24th Street, Gandhi Nagar, Kovilambakkam, Chennai – 600 129.

2.Manimegalai .... Respondents Arbitration Original Petition filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying to appoint a Sole Arbitrator to adjudicate upon the differences and disputes between the parties under the Working Capital Facility Agreement dated 25.11.2023.

For Petitioner : Mr.P.Kumanan For Respondents : Mr.J.Umacharan *****

ORDER

This petition has been filed under Section 11 of the Arbitration and Conciliation Act, 1996 [for brevity 'the Act'] for appointment of an Arbitrator to decide the dispute and differences between the petitioner and the respondent in terms of the Working Capital Facility Agreement dated 25.11.2023.

2. Heard learned counsel on either side.

3.The respondent availed financial facility from the petitioner to the tune of Rs.30 lakhs. The respondent committed default in repayment of the loan amount. Hence, the petitioner issued a demand notice on 14.08.2024. The trigger notice under Section 21 of the Arbitration and Conciliation Act, 1996 was issued on 05.03.2025. The agreement provides for appointment of an Arbitrator in Clause No.15.17. Hence, the present petition has been filed. 4. In view of the above, this Court appoints Mrs.Kavitha Rameshwar, Third Floor, Canara Bank Building, 257, Angappa Naicken Street, Chennai – 600 001, as the Sole Arbitrator and the Sole Arbitrator is requested to adjudicate the arbitral disputes that had arisen between the parties and render arbitral award by holding sittings in the 'Madras High Court Arbitration Centre under the aegis of this Court' (MHCAC) as per Madras High Court Arbitration Proceedings Rules 2017 and fee of Hon’ble Sole Arbitrator shall be in accordance with the Madras High Court Arbitration Centre (MHCAC) (Administrative Cost and Arbitrator's Fees) Rules 2017.

Accordingly, this petition is disposed of.

16.02.2026 Index:yes/no Speaking Order/Non-speaking order NCC:yes/no gm N.ANAND VENKATESH, J.

gm

16.02.2026