M/S Idfc First Bank Limited v. Marimuthu Chander

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 08TH DAY OF APRIL 2021 THE HON'BLE MR.JUSTICE N.SATHISH KUMAR A.No.1043 of 2021 In the matter of Arbitration and Conciliation Act, 1996 and In the matter of the dispute between M/s. IDFC First Bank Limited and Marimuthu Chander, in Used Car Loan Agreement No.31373733 dated 12.03.2020 M/S IDFC FIRST BANK LIMITED, Rep.by its Authorized Signatory Mrs.J.Hephsiba Priya, KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai 600 031.

..Applicant -VsMARIMUTHU CHANDER S/o.MarimuthuMV, P.No.67, 6th Main Road, Teachers Colony, 2nd Layout Kolathur, Chennai, Tiruvallur, Near Teachers Colony Bus Stop, Chennai - 600 099 .

..Respondent https://hcservices.ecourts.gov.in/hcservices/

Application praying that this Hon'ble Court be pleased to pass an order to appoint Mr,Rajendar Azmeera, Collection Manager of the Petitioner bank, as receiver to seize the vehicle more particularly described in the schedule to the Judges Summon wherever stationed in the premises of the Respondent or wherever it is found and with whomsoever it is found with powers to breakdown the premises and grant permission to the receiver to obtain police aid from the concerned police officer. This Application coming on this day before this court for hearing the court made the following order:

Today, when the matter is taken up for consideration, through Video Conferencing, Mr.S.Ram Prasad, learned counsel appearing for the applicant seeks permission to withdraw the instant application.

2. In view of the above, instant application is dismissed as withdrawn.

Sd/.N.S.K.J.

08.04.2021 //Certified to be a true copy// Dated this the day of 2021.

SU.20.04.2021 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

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