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Madras High CourtArb Appln/105/2023ordered

M/S. Cholamandalam Invesment And Finance Company Limited v. Mr.Moses Narsing Namwad And Another

2023-03-06Honourable Mr Justice Krishnan Ramasamy2 pages

Arb.Appln.No.105 of 2023 Arb.Appln.No.105 of 2023 in A.No.2047 of 2021 KRISHNAN RAMASAMY, J.

The present Application has been filed to order payment out of a sum of Rs.55,000/- standing to the credit of Application No.2047 of 2021 as Court deposit, by issue of cheque in favour of the applicant. 2.

The learned counsel appearing for the applicant submitted that a sum of Rs.55,000/- is lying to the credit of Application No.2047 of 2021 and the same is evident from the certificate of funds dated 06.01.2023 issued by the registry. Hence, the present application is filed. 3.

After completion of service, the names of the respondents have also been printed in the cause list. When the matter is taken up today, there is no appearance on behalf of the respondents. It appears that the respondents are not interested to contest the matter. In this circumstance, this application is filed to order payment out of a sum of Rs.55,000/-. https://www.mhc.tn.gov.in/judis

Arb.Appln.No.105 of 2023 KRISHNAN RAMASAMY, J.

4. Considering the submission made by the learned counsel for the applicant and the averments made in the affidavit, this Court is satisfied to order payment out of a sum of Rs.55,000/- standing to the credit of Application No.2047 of 2021 as Court deposit and accordingly, this application is ordered as prayed for.

06.03.2023 AT Arb.Appln.No.105 of 2023 in A.No.2047 of 2021 https://www.mhc.tn.gov.in/judis