Cholamandalam Investment And Finance Co Ltd v. Classic Facade System Private Limited

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 23.02.2026

CORAM

THE HONOURABLE MR.JUSTICE N.ANAND VENKATESH M/s.Cholamandalam Investment and Finance Company Limited, 'Chola Crest', C 54 & 55, Super B -4, Thiru Vi Ka Industrial Estate, Guindy, Chennai - 600 032, Represented by its Authorised Signatory .... Applicant Vs.

M/s.Classic Facade System Private Limited, Shop No.12, Siddhivinayak Tower, Plot No.82, Kamothe, Navi Mumbai, Panvel, Mumbai, Maharashtra - 410 209.

.... Respondent Arbitration Application under Order XIV Rule 8 of Original Side Rules r/w Section 9 (1) (ii) (a) (b) (d) & (e) of the Arbitration and Conciliation Act, 1996, praying to appoint employee of the applicant viz., Mr.Mahesh Sheshrao Ghuge, Area Receivables Manager as receiver to seize and take possession of the vehicle which more fully described in the schedule to the judges summons which is lying in the custody of respondent or respondent's men, agents, servants from respondent premises or wherever found with Police aid and break open of premises if necessary.

For Applicant : Mr.D.Pradeep Kumar ***** 1/4

ORDER

This application has been filed under Section 9 of the Arbitration and Conciliation Act, 1996, [for brevity 'the Act'] for appointment of a receiver to seize and deliver the vehicle from the respondent to the applicant, if necessary, with police protection and by breaking open the premises.

2. When the application came up for hearing on 19.01.2026, this Court issued notice to the respondents.

3. Private notice has been served on the respondent and affidavit of service has also been filed. However, the respondents are neither present nor represented through counsel. Hence, the apprehension raised on the side of the applicant that the respondents are trying to secret the vehicle is prima facie established.

4. In view of the above, Mr.Mahesh Sheshrao Ghuge, Area Receivables Manager, is appointed as the Court receiver and the Court receiver is permitted to seize the vehicle from the respondent or wherever it is found and by breaking open the premises, if required with police assistance.

2/4

This application stands disposed of in the above terms. 23.02.2026 mp 3/4

N.ANAND VENKATESH, J.

mp 23.02.2026 4/4