M/S.Cholamandalam Investment And Finance Co., Ltd., v. Mrs.Uma Devi Sharma W/O.Ratanlal Sharma

N.SATHISH KUMAR, J.

This application has been filed to direct the respondent to furnish security for a sum of Rs.4,56,011/-, failing which to attach the immovable properties morefully described in the schedule, pending initiation and disposal of arbitration proceedings between the applicant and the respondent and till the enforcement of the Award that may be ultimately passed in the arbitration proceedings.

2. This Court by an Order dated 30.04.2019 directed the respondent to furnish security for the suit claim on or before 10.06.2019, and on failing to furnish security, there shall be Order of attachment.

3. Despite the Order of this Court directing to furnish security, the respondent has not furnished any security and none appeared for the respondent.

4. In view of the same, there shall be an Order of attachment of the immovable properties described in the schedule and this application is closed. The registry is directed to communicate this Order to the concerned Registrar. kal/mra 19.03.2020 1/2

N.SATHISH KUMAR, J.

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