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Madras High CourtA/1316/2019closed

Indusind Bank Ltd Rp.By Its Deputy Manager Legal D.P.Saravanan v. L.G.Muthumanickam S/O.Loganathan

2020-07-06Honourable Mr Justice N. Sathish Kumar4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 06.07.2020

CORAM:

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.1316 of 2019 M/s.IndusInd Bank Ltd., Rep. by its Deputy Manager-Legal, D.P.Saravanan, having office at No.115 & 116, G.N.Chetty Road, T.Nagar, Chennai - 600 017.

. . . Applicant

Versus

Mr.L.G.Muthumanickam, S/o.Loganathan, No.169/58, Gandhi Complex, Varasanthai Road, Sivagangai - 630 561.

. . . Respondent PRAYER: Application filed under Order XIV Rule 8 of original side rules r/w.SEC 9(ii)(b) of the Arbitration and Conciliation Act, 1996, to pass an order of appointment of Mr.G.Anandababu-CFD-Commercial Vehicle (Branch Manager) IndusInd Bank, CFD-Karaikudi, Soodamani Nagar, Karaikudi - 630 002, as Receiver to seize and deliver the Heavy Goods Vehicle, bearing Chassis No.TPE638137 Engine No.TPH501144 and TN 28

AC 3139 to the custody of the applicant, available at the respondent premises or wherever found and with whomsoever it is found and permit the receiver G.Anandababu to obtain police aid and to break open the premises. For Applicant :

Ms.Meera Gnanasekar For Respondent :

No appearance

ORDER

This application has been filed to pass an order of appointment of Mr.G.Anandababu-CFD-Commercial Vehicle (Branch Manager) IndusInd Bank, CFD-Karaikudi, Soodamani Nagar, Karaikudi - 630 002, as Receiver to seize and deliver the Heavy Goods Vehicle, bearing Chassis No.TPE638137 Engine No.TPH501144 and TN 28 AC 3139 to the custody of the applicant, available at the respondent premises or wherever found and with whomsoever it is found and permit the receiver G.Anandababu to obtain police aid and to break open the premises.

2. The learned counsel appearing for the applicant submitted through video conferencing that the matter has been settled out of Court.

3. Recording the above submission of the learned counsel for the applicant, this application is closed.

06.07.2020 Index : Yes/No Internet : Yes/No Speaking/Non Speaking gsk

N.SATHISH KUMAR, J.

gsk A.No.1316 of 2019 06.07.2020