Cholamandalam Investment And Finance Co., Ltd., v. Mrs.Uma S W/O.Sasikumar

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 25TH DAY OF JANUARY 2022 THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE A.No.583 of 2019 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Disputes between M/s.Cholamandalam Investment and Finance Company Ltd. And Mrs.Uma .S. And another arising under Loan Agreement No.XVFPTU100001976010 Dated 29.04.2017 M/S.CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED, 'DARE HOUSE', NO.2, N.S.C.BOSE ROAD, PARRYS, CHENNAI - 600 001.

REPRESENTED BY ITS AUTHORISED SIGNATORY.

: APPLICANT Vs.

1. MRS.UMA S W/O.SASIKUMAR NO.4/94 FLANGO STREET, RAMARAJAN PETTAI, VILLUPURAM, VETTAVALAM, NEAR BUS STOP, TAMILNADU - 606 754.

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2. MR.SASIKUMAR.R S/O.RANGANATHAN, NO.4/94, FLANGO STREET, RAMARAJAN PETTAI, VILLUPURAM, VETTAVALAM, NEAR BUS STOP, TAMILNADU - 606 754 ..Respondents Application praying that this Hon'ble Court be pleased to direct the respondents to furnish security for the sum of Rs.3,72,947/- within a time fixed by this Hon'ble Court failing which to order attachment of the immovable property morefully described in the schedule to the Judges summons pending initiation and 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 SUBORDINATE COURT GINGEE And the attachment order maybe hand delivered to the applicant for transmission.

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

The learned counsel for the applicant submits that subsequent to the filing of this application under Section 9 of the Arbitration and

/ 3 / Conciliation Act, an Arbitral Award has been passed in favour of the applicant against the respondent and therefore, he submits that this application can be closed.

The said statement is recorded.

Accordingly, this application is closed.

Sd/.A.Q.J.

25.01.2022 //Certified to be a true copy// Dated at Madras this the day of 2022. SU./28.01.2022 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.