Authority: High Court of Judicature at Madras
Order Date: 08-07-2026
Case Overview
- Applicants: Mrs. Sridevi Venugopal (individual) and M/s. JJ Pharma (Partnership Firm, GSTIN 33AAUFJ8704AIZF), represented by Sridevi Venugopal, address: No.5/19, Thiruvalluvar Salai, Nethaji Avenue Extension, Nerkundram, Chennai‑600107.
- Respondents: 1) Mrs. Gomathi; 2) M/s. Shree Virucham Pharma (Partnership Firm, GSTIN 33AFGFS8911R1ZA), address: No.6/161, Avadi Road, Senneer Kuppam, Chennai‑600056; 3) Branch Manager, Karnataka Bank Limited, Chennai – Virugambakkam Branch, address: Old S.No.99/3, D.No.13/8, T.S.No.121/A, Reddy Street, Virugambakkam, Chennai‑600092.
- The application was filed under Order XIV Rule 8 of the O.S. Rules read with Section 27(1) of the Arbitration and Conciliation Act, 1996 and Rule 6 of the Madras High Court Arbitration Rules 2020, seeking a summons to the 3rd respondent to attend arbitral proceedings in case ACP/RBC/08/2024 pending before the Sole Arbitrator R. Balachandran, CA.
- The application also sought production of original Income Tax Returns of M/s. Srimathi Pharma for Assessment Year 2018‑2019 and all original financial statements, balance sheets, and documents bearing the partners' signatures submitted to Karnataka Bank in connection with Overdraft (Cash Credit) Account No.1667000100000101, to be tendered as evidence before the Tribunal.
Final Outcome
- The Court heard counsel for the applicants (Mr. Anish Gopi) and counsel for the respondents (Mr. Arfat Mohammed), who raised no objection.
- The Court ordered that the 3rd respondent, the Branch Manager of Karnataka Bank Limited, be summoned to attend the arbitral proceedings and that the requested Income Tax Returns and financial documents of M/s. Srimathi Pharma be produced as directed.
Topics: Arbitration, Banking, Pharmaceuticals