Madras High CourtA/1247/2020withdrawn dismissed

M/S.Kotak Mahindra Bank Limited v. Sobana J.V. And Another

2020-03-20Honourable Mr Justice N. Sathish Kumar2 pages

/ 1 /

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY, THE 20TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.1247 of 2020 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Arbitration of the dispute between M/S.KOTAK MAHINDRA BANK LIMITED and SHOBANA J.V.

Agreement No.CSG152616335 dated 13.04.2017 M/S.KOTAK MAHINDRA BANK LIMITED Now at: 5th Floor, Samson Towers, 402L, Pantheon Road, Egmore, Chennai - 600 008 Rep.by its Authorised Signatory ..Applicant -Vs1. SHOBANA J.V.

O.No.25-2 New No.3-2, 1st Main Road, Ram Nagar, Perambur Chennai - 600 082.

2. HARI KUMAR M No.27-9, B6 Jawahar Nagar, 6th Main Road, Peravallur, Kamaraj Campus, Chennai-600 082.

..Respondents https://hcservices.ecourts.gov.in/hcservices/

/ 2 / Application praying that this Hon'ble Court be pleased to pass an order directing the Respondents to furnish security for a sum of Rs.7,69,651.22/- being the Claim of the Applicant arising under the Loan Agreement No.CSG152616335 dated 13/04/2017 against the Respondents, within such time as this Honble Court may stipulate and in case of default to order Attachment before Judgment of the immovable property of the Second Respondent morefully described in the Schedule to the Judges Summons and the copy of the order to be sent to the Hon'ble High Court. This Application coming on this day before this court for hearing the court made the following order:

The learned counsel appearing for the applicant seeks to withdraw this application and also made an endorsement to that effect.

2. In view of the submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.

Sd/.N.S.K.J.

20.03.2020 //Certified to be a true copy// Dated this the day of 2020. SU/01.07.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

https://hcservices.ecourts.gov.in/hcservices/