Madras High CourtA/1251/2016withdrawn dismissed

M/S.Cholamandalam Investment v. Mr.Ramakrishnan.P.

2016-07-11Honourable Mr Justice Rajiv Shakdher3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) MONDAY, THE 11rd DAY OF JULY 2016 THE HON'BLE MR. JUSTICE RAJIV SHAKDHER A. No.1251 of 2016 In the matter of Arbitration and Conciliation Act, 1996 And In the matter of disputes between M/s.Cholamandalam Investment and Finance Company Limited and Mr.Ramakrishnan P.& another Arising under Loan Agreement No .

XVFPTUT00000883244 dated 31.12.2012 M/s.Cholamandalam Investment and Finance Company Limited "Dare House" No.2, NSC Bose Road, Parrys, Chennai 600 001.

Represented by its Authorised Signatory ..Applicant Vs.

1.Mr.Ramakrishnan P.

S/o.Patchaimal 3/16,Kamarajar Street, Muthalankurichi, Srivaikundam Tuticorin Tamil Nadu-628 252.

2.Mr.Ramalingam P.

S/o.Patchaimal 3/12,Kamarajar Street, Muthalankurichi, Srivaikundam Tuticorin Tamil Nadu-628 252.

...Respondents

Application praying that this Hon'ble Court be pleased to direct the respondents to furnish security for the sum of Rs.10.87,002/- within a time fixed by this Hon'ble court failing which to order attachment of the immovable properties morefully described in the schedule to the Judges summons pending disposal of arbitration proceedings between the Applicant and the Respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the District Court ,Tuticorin and the attachment order may be hand delivered to the applicant for transmission.

This application coming on this day before this court for hearing Court made the following order:

1. Learned counsel for the applicant says that he has instruction to withdraw the captioned application.

1.1. Learned counsel has also made an endorsement to that effect on the application.

2. As prayed by the learned counsel for the applicant, the application is dismissed as withdrawn. sd/.R.S.A.J 11.07.2016 //Certified to be a true copy// Dated this the day of 2016.

S.s/04.10.2016 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.