M/S.Equitas Small Finance Bank Ltd v. Sardarbhai Galababhai Umrava
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 11TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.2238 of 2019 In the matter of Arbitration & Conciliation Act 1996 And In the matter of Disputes between M/s. Equitas Small Finance Bank Limited and Sardarbhai Galababhai Umrava and another Arising under Loan Agreement Dated 15.11.2016 bearing Loan Agreement No. SLPLNPR011 6974.
M/s. Equitas Small Finance Bank Limited 4th Floor, Phase - II, Spencer Plaza, 769, Anna Salai, Chennai, Tamil Nadu 600 002 Represented by its Authorised Signatory Mr.R.S.Bharath (Emp.No.31681) : Applicant Vs.
1. Sardarbhai Galababhai Umrava Prajapati was Opp Primary School at Parkhadi PO Chhaniyana Tal Vadgam Dist Banaskantha Chhaniyana, Banaskantha, Gujarat India - 385001.
:Borrower/Respondent 1
2. Ramilaben Sadabhai Ubarva Prajapati was Opp Primary School at Parkhadi PO Chhaniyana Tal Vadgam Dist Banaskantha Chhaniyana, Banaskantha, Gujarat India - 385001.
:Co Borrower - 1/Respondent 2
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3. Vihabhai Galbabhai Ubarva Prajapati was Opp Primary School at Parkhadi PO Chhaniyana Tal Vadgam Dist Banaskantha Chhaniyana, Banaskantha, Gujarat India - 385001.
: Co Borrower- 2/Respondent -3
4. Kishanbhai Nanjibhai Patel Sheri Num-33, Old Laxmipura At N Post Palanpur Tal Palanpur Dist Banaskantha Palanpur Delhigate, Banaskantha, Gujarat India - 385001.
: Guarantor/Respondent 4 Application praying that this Hon'ble Court be pleased to pass an order of appointment of receiver Mr.Habibkhan Yusuf Khan Kureshi - Branch Receivable Manager, Mehsana of the applicant company as receiver to seize the vehicle more particularly described in the schedule to the judges summons wherever stationed in the premises of the respondents or wherever it is found and with whomsoever it is found with powers to break open the premises and grant permission to the receiver to obtain police aid from the concerned police officer.
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 permission to withdraw this application and also made an endorsement to that effect.
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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.
11.03.2020 //Certified to be a true copy// Dated this the day of 2020.
SU/01.06.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.