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Madras High CourtA/1522/2020closed

M/S.Cholamandalam Investment And Finance Co. Ltd. v. The Principal Sapphire, Central School

2020-10-29Honourable Ms. Justice P.T. Asha2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 29TH DAY OF OCTOBER 2020 THE HON'BLE MS. JUSTICE P.T.ASHA A. No.1522 of 2020 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Disputes between M/S.CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED., and THE PRINCIPAL SAPPHIRE, Arising under Loan Agreement No.XVFPCAL00001743181 Dated 31.07.2016.

M/S.CHOLAMANDALAM INVESTMENT AND FINANCE CO. LTD. Dare House,No.2, N.S.C.Bose Road, Parrys, Chennai-600001.

Represented by its Authorised Signatory ..Applicant -VsTHE PRINCIPAL SAPPHIRE, CENTRAL SCHOOL Peace Valley Campus, Olavanna PO, Kozhikode, Near Olavanna Town, Kerala - 673 025.

..Respondent Application praying that this Hon'ble Court be pleased to appoint employee of the Applicant viz, Mr.Sudheer PT, Junior Legal Manager as https://hcservices.ecourts.gov.in/hcservices/ Receiver to seize and take possession of the vehicle, which is more fully

described in the schedule to the Judges summons which is lying in the custody of respondent or respondents men, agents, servants from respondent premises or wherever found with police aid and break open of premises if necessary.

This Application coming on this day before this court for hearing the court made the following order:

Considering the fact that the Arbitration proceedings have been initiated in the matter, the application is closed giving liberty to the applicant to approach the Arbitral Tribunal for the interim reliefs. Sd/.P.T.A.J.

29.10.2020 //Certified to be a true copy// Dated this the th day of 2020. su.09.12.2020 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/