M/S.Cholamandalam Investment And Finance Co. Ltd. v. Mr.Ravisbabu Dnyaneshwar Pawar And Another

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 21.01.2021

CORAM

THE HONOURABLE Ms. JUSTICE P.T. ASHA M/s.Cholamandalam Investment and Finance Company Limited 'Dare House', No.2, N.S.C. Bose Road, Parrys, Chennai - 600 001.

Represented by its Authorised Signatory ... Applicant Vs

1. Ravisbabu Dnyaneshwar Pawar

2. Paratekala Dnyaneshwar Pawar ... Respondents Prayer: Judges Summons Filed under Order XIV Rule 8 of Original Side Rules r/w Section 9 (ii) (b) of the Arbitration and Conciliation Act, 1996, to direct the respondents to furnish security for the sum of Rs.4,51,269.37/- within a time fixed by this Hon'ble Court, failing which to order attachment of the immovable properties morfefully described in the Schedule to the Judges Summons pending initiation and disposal of 1/3

arbitration proceedings between the applicant and the respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the Principal District Judge, District Court, Wardha, Maharashtra and the attachment order may be hand delivered to the applicant for transmission. For Applicant :

Mr.D.Pradeep Kumar For Respondents :

No Appearance

ORDER

The learned counsel for the applicant would submit that he is withdrawing the application. He would submit that the respondent has made some part payment. Therefore, recording his submissions, the application is dismissed as withdrawn.

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