Daimler Financial Services India Pvt Ltd v. Prasanna Keshava Minerals

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY THE 11TH DAY OF APRIL 2019 THE HON'BLE MR. JUSTICE R.SURESH KUMAR A. No.1558 of 2019 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Disputes between M/s.

Daimler Financial Services India Private Limited and Prasanna Keshava Minerals Arising under Loan Agreement Dated 31.05.2018 bearing Contact No.20138769.

M/s.Daimler Financial Services India Private Limited Unit 202, 2nd Floor, Campus, 3B, RMZ Millennia Business Park No.143, Dr.M.G.R. Road, Perungudi, Chennai -600 096 Represented by its Authorised Signatory : Applicant Vs.

Prasanna Keshava Minerals Rep.by its Partner H.No.4-66 Old 5-4-656 New, Plot No B83, Kamalanagar, Vanasthalipuram, Hyderabad, Andhra Pradesh-500 070 :Respondent Application praying that this Hon'ble Court be pleased to appoint authorised agent of the Applicant viz. Mr.Praveen Goud as Receiver to seize and take possession of the vehicle which is more fully described in the schedule to the Judges Summons which is lying in the custody of respondent or respondent's men, agents, servants from his premises or wherever found with Police aid and break open of premises if necessary.

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This application coming on this day before this court for hearing and the court made the following order: Pursuant to the order passed by this Court, dated 27.02.2019, whereby the Receiver has been appointed, the Receiver has also executed the warrant and seized the vehicle in question and handed over the same to the applicant company, which is acknowledged by the learned counsel appearing for the applicant.

2. Since the Receiver has completed the task and the vehicle in question has been seized and handed over to the applicant and also the fact that, since the notice has been served on the respondent, no further order is required to be passed in this application.

Accordingly, by recording the aforesaid development, this application is closed.

Sd./- R.S.K.J.

11.04.2019 //Certified to be true copy// Dated at Madras this the day of 2019.

TE/15/05/2019 COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.

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