M/S.Equitas Small Finance Bank Ltd v. M/S.Minnal Travels

A.No.2174 of 2019 PUSHPA SATHYANARAYANA, J.

By order dated 19.03.2019, this Court appointed Mr.N.Dilli Babu, as Advocate Commissioner, to seize and possess the vehicle in question.

2. Pursuant to the warrant of commission issued by this Court to seize the vehicle, it is today represented by the learned counsel appearing for the applicant that the subject asset has been seized on 26.05.2019 and handed over to the applicant's authorized agent by the Advocate Commissioner. He would also confirm that proceedings for arbitration in connection with the transaction relating to the aforesaid asset have been concluded and an award has been passed favouring the applicant on 16.11.2018. The statement is recorded.

3. The learned Advocate Commissioner has filed a report dated 07.06.2019 detailing the seizure of the asset and handing over of possession to the applicant. He would seek additional remuneration for the efforts undertaken by him in this regard. Considering the same, a http://www.judis.nic.in

PUSHPA SATHYANARAYANA,J.

rsi further sum of Rs.15,000/- (Rupees Fifteen Thousand only) is directed to be paid by the applicant as additional remuneration within a period of two weeks from the date of receipt of a copy of this order. The Advocate Commissioner shall stand discharged.

4. In view of the above, nothing further survives in this application and the same stands closed. The parties are free to take such action, as they may desire hereafter, in accordance with law. 25.06.2019 rsi A.No.2174 of 2019 http://www.judis.nic.in