M/S.Cholamandalam Investment v. G.Bindu And Another
Application No.1292 of 2016 T.S.SIVAGNANAM,J.
This application is filed under Section 9 of the Arbitration and Conciliation Act seeking a direction to the respondents to furnish security to the tune Rs.12,97,384/- failing which, to order attachment of the property, mentioned in the Schedule to the Judge's Summon.
2. Heard the learned counsel for the applicant.
3. This Court, vide order dated 22.11.2016, directed the respondents to furnish security to the extent of the claim made by the applicant, within a period of four weeks from the date of receipt of a copy of that order.
4. Despite notice, along with summons, having been served on the respondents, and their names are also printed in the cause list, the respondents have not chosen to appear before this Court either in person or through a counsel. Hence, there shall be an order of attachment of the immovable property mentioned in the schedule to the Judges Summons. The application is ordered accordingly. tsi 19.01.2017
Note to Office: Communicate the order to the respondents. T.S.SIVAGNANAM,J.
tsi A.No.1292 of 2016 19.01.2017
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