Cholamandalam Investment And Finance Co., Ltd v. M/S.Rainbow Tours And Travels Private Limited

A.No.1645 of 2019 N.SATHISH KUMAR, J.

This application has been filed to direct the respondents to furnish security for a sum of Rs.37,23,682/- failing which to attach the immovable property of the respondents morefully described in the schedule, till the enforcement of the Award that may be ultimately passed in the arbitration proceedings.

2. This Court by an Order dated 01.03.2019 directed the respondents to furnish security for the suit claim within a period of four weeks i.e.on or before 01.04.2019 and on failing to furnish security, there shall be Order of attachment.

3. Despite the Order of this Court directing to furnish security, the respondents has not furnished any security and none appeared for the respondents.

4. In view of the same, there shall be an Order of attachment of the immovable property described in the schedule and this application is closed. The registry is directed to communicate this Order to the concerned Registrar. 18.03.2020 rm http://www.judis.nic.in

N.SATHISH KUMAR, J.

rm A.No.1645 of 2019 18.03.2020 http://www.judis.nic.in