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Madras High CourtA/2327/2019dismissed as withdrawal

M/S.Indusind Bank Ltd v. R.Venkatesh S/O.T.Ramachandran

2019-04-09Honourable Mr Justice R. Suresh Kumar3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 9TH DAY OF APRIL 2019 THE HON'BLE MR. JUSTICE R.SURESH KUMAR A. No. 2327 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of disputes between M/s.IndusInd Bank Limited and R.Venkatesh, arising under Loan Agreement No.

TLL00267E, dated 30.11.2017.

M/s.IndusInd Bank Ltd., Rep.by its Deputy Manager - Legal, D.P.Saravanan, having office at No.115 & 116 G.N.Chetty Road, T.Nagar, Chennai 600 017.

... Applicant -VersusR.Venkatesh S/o. T.Ramachandran LIG 177, Main Road, Pothigainagar (PO) Palayamkottai (TK) Tirunelveli 627007.

... Respondent Application praying that this Hon'ble Court be pleased to pass an order of appointment of Mr.Prasanna P, IndusInd Bank, CFD-Chennai, as receiver to seize and deliver the Good Scary (Ashok Leyland Guru 1111 24FT), bearing Chassis No.MB1AUPTC6HPYZ8039, Engine No. HYEZ205522 and TN 05 BR 0619 to the custody of the Applicant, available at the respondent premises or wherever found and with whomsoever it is found and permit the receiver Prasanna P to obtain police aid and to break open the premises.

This application coming on this day before this court for hearing and the court made the following order: This application has been posted today under the caption "For Being Mentioned" at the instance of the learned counsel appearing for the applicant, who would submit that, in the affidavit in this application, the prayer sought for is for appointment of a company Receiver to seize and deliver the vehicle with different chassis number and engine number as well as model number, including the Registration number, whereas in the Judges summon, all together completely a different number has been given.

2. Based on the particulars given in the prayer sought for in the Judges summon, an Advocate Commissioner has been appointed by the order of this Court, dated 22.03.2019.

3. However today the learned counsel appearing for the applicant submits that, since based on the prayer sought for with the description of a wrong vehicle in the Judges summons, since order has been issued, she seeks permission of this Court to withdraw this application, of course on instructions and the learned counsel also wants to make an endorsement in the court bundle.

4. Recording the said submission made by the learned counsel appearing for the applicant and recording the endorsement made in the court bundle, this application is

dismissed as withdrawn with a liberty to file a fresh application, if they are advised to do so.

Sd./- R.S.K.J.

09.04.2019 //Certified to be true copy// Dated at Madras this the day of 2019. TE/09/05/2019 COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.