Equitas Small Finance Bank Limited v. Suresh Kumar S

Arb.Appln.No.253 of 2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19.03.2025 CORAM :

The Hon'ble MR.JUSTICE ABDUL QUDDHOSE Arb Appln No. 253 of 2025 M/s.Equitas Small Finance Bank Limited 4th Floor, Phase-II, Spencer Plaza, 769, Anna Salai, Chennai, Tamil Nadu 600 002, Rep. by its Authorised Signatory.

.. Applicant Vs Suresh Kumar S.

S/o.Gopal Sampath 39, Nethaji Nagar, Kilambakkam, Urapakkam, Guduvanchery S.O., Sankara Vidhyalaya School Back Side, Tamil Nadu 603202.

.. Respondent For Applicant :

Mr.D.Pradeep Kumar

O R D E R

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.

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Arb.Appln.No.253 of 2025 ABDUL QUDDHOSE,J.

3. The learned counsel for the applicant would submit that the vehicle has not been located and only due to the said reason, the Receiver could not 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.

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