Axis Bank Ltd v. Yerra Vashista

Arb Appln No. 199 of 2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 12-03-2025

CORAM

THE HONOURABLE MR JUSTICE ABDUL QUDDHOSE Arb Appln No. 199 of 2025 Axis Bank Ltd., Rep. by its Deputy Manager Selvaraj, No. 31, 2nd Floor, South Mada Street, Mylapore, Chennai-600 004 Applicant.

Vs Yerra Vashista(Borrower) 6 66 Bodrai Bazar Kodd Suryapet, Nalgonda Telangana - 508 206, India Respondent For Applicant(s): Mr.Uma Vijayan M.R.

For Respondent(s):

ORDER

This application has been filed seeking for appointment of the applicant's own employee as a Receiver.

2. Though this Court had earlier appointed the applicant's own employee as a Receiver to repossess the vehicle from the respondent, the said Receiver is yet to repossess the vehicle.

3. The learned counsel for the applicant would submit that the vehicle https://www.mhc.tn.gov.in/judis

has not been located and only due to the said reason, the Receiver could not ABDUL QUDDHOSE,J.

repossess the vehicle.

4. I have already made it clear in my previous orders that the question of appointing the applicant's own employee as a Receiver for the purpose of repossessing the vehicle from the respondent cannot be granted, since the said receiver will not be a neutral person.

5. No useful purpose will be served if this application is allowed to be kept pending. Therefore, this Application is closed. However, liberty is granted to the applicant to file a fresh application seeking for appointment of an Advocate Commissioner to repossess the vehicle from the respondent once the vehicle is located.

12.03.2025 vsi To Mr.Yerra Vashista 6 66 Bodrai Bazar Kodd Suryapet, Nalgonda Telangana - 508 206, India Arb.Appln. No.199 of 2025 https://www.mhc.tn.gov.in/judis