Mahaveer Finance India Ltd v. Mr.R.Ranjith S/O.Ramasamy

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 07.07.2020 CORAM :

THE HONOURABLE MR. JUSTICE N.SATHISH KUMAR Application No.1793 of 2019 M/s. Mahaveer Finance India Limited, Rep. by its Authorised Signatory Mr.N.C.Gopinath K.G Plaza, 41-44, 3rd Floor, General Patters Road, Chennai 600002.

... Applicant Vs.

1. Mr.R.Ranjith

2. Mrs.R.Mallika ... Respondents PRAYER : Petition filed under Order XIV Rule 8 of O.S.Rules R/W Section 9(ii)(d) of the Arbitration and Conciliation Act, 1996 to appoint Mr.S.Muthupattraja Manager (Legal) Chennai of the applicant company as receiver to seize the vehicle more particularly described in the schedule to the Judges summon wherever stationed in the premises of the respondents 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. 1/4

For Applicant :

M/s.N.Balaji and B.J.Velmurugan For Respondents :

Mr.G.Obalapathi Advocate Commissioner

O R D E R

This Court had appointed one Mr.S.Muthupattraja Manager (Legal) Chennai as receiver to seize and possess the vehicle, which is morefully described in the schedule to the Judges Summons.

2. Today, when the matter was taken up through video conferencing, the learned counsel appearing for the applicant submitted that the vehicle could not be secured and sought for extension of time for execution of order by the Receiver and submitted that further time of four weeks may be granted to repossess the vehicle. Accordingly, time is extended finally for a period of four weeks from the date of receipt of a copy of this order, failing which the Order granting power to repossess the vehicle shall automatically stand cancelled.

3. With the above direction, the application is closed. 2/4

07.07.2020 Index : Yes/ No Internet : Yes Speaking/Non-speaking Order sni N.SATHISH KUMAR, J.

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