← Library
Madras High CourtA/2967/2019closed

M/S.Cholamandalam Investment And Finance Ltd v. M/S.Amrith Empires Pvt Ltd Rep.By Its Managing Director

2019-09-13Honourable Mrs Justice Pushpa Sathyanarayana2 pages

Application No.2967 of 2019 PUSHPA SATHYANARAYANA, J.

This Court, upon hearing the learned counsel for the applicant, vide order dated 30.04.2019, directed the respondents to furnish security to the extent of the claim made in the application being an amount of Rs.14,79,156/- on or before 10.06.2019, failing which, an order of attachment order would be passed.

2. When the matter is taken up for hearing today, learned counsel for the applicant would submit that no security has been furnished as directed by this Court. He would further submit that an award in arbitration between the applicant and the respondents has been passed on 14.06.2019. 3.

Heard the learned counsel appearing for the applicant. 4.

Notices sent to respondents with regard to furnish security ordered by this Court have been served and affidavit of service is also filed to that effect enclosing returned covers. Paper publication was also effected on the respondents and affidavit of service is also filed to that effect. Though the names of the respondents is also printed in the cause list, there is no representation for them either in person or through counsel. Hence, service to the respondents is held sufficient. http://www.judis.nic.in

PUSHPA SATHYANARAYANA.J drl

5. In the above circumstances, there shall be an order of attachment as prayed for. The order of attachment shall be transmitted through the II Additional District Court, Vijayawada, and the attachment order may be hand delivered to the applicant for transmission. 6.

In view of the above direction, nothing further survives for adjudication and this application stands closed. The parties are free to take such action, as they may desire hereinafter, in accordance with law. 13.09.2019 drl Application No.2967 of 2019 http://www.judis.nic.in