Madras High CourtA/3821/2018withdrawn dismissed

M/S/.Kotak Mahindra Bank v. Murugesan N.S.

2020-06-05Honourable Mr Justice N. Sathish Kumar2 pages

/ 1 /

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY, THE 05TH DAY OF JUNE 2020 THE HON'BLE MR.JUSTICE N.SATHISH KUMAR A. No.3821 of 2018 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of dispute between the Applicant and the Respondents in respect of Loan Agreement No.TFE 1213391 dated 19.10.2011.

M/s.Kotak Mahindra Bank Limited, Rep. by its Authorised Signatory Mr.Kingston Michael, 8th floor, TVH Agnitio Park, Zone 2, No.141, Old Mahabalipuram Road, Kandanchavadi, Chennai - 96 ... Applicant -Versus1.Murugesan N.S.

D.No.6, Nriyang Konal vill place, Palayam PO, Pooridi via, Tiruvallur 602 023 2.Nirmala Chengaiyya, D.No.1-64, Arumbakkam vill Arcot, Kuppam po.

Tiruttani TK, Thiruvallur 631 209 3.Palani Mannar Chinnappa Naidu D.No.1-64, Arumbakkam vill Arcot, Kuppam po.

Tiruttani TK, Thiruvallur 631 209 ... Respondents https://hcservices.ecourts.gov.in/hcservices/

/ 2 / Application praying that this Hon'ble Court be pleased to pass an order appointing V.Jayakumar, Branch Manager, Kotak Mahindra Bank, Thiruvannamalai as Receiver to seize Tractor - Massey Ferguson Tractors and Implements - MF 241 Mahashakthi TAFE TRACTOR bearing registration number TN20CC8242 bearing Engine No.S325ID20540 and Chassis No.655560 lying at the address of the Respondents 1 to 3 or wherever and to handover to the Applicant in as is where is condition and file report.

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

The learned counsel appearing for the applicant seeks to withdraw this application and also sent a communication through email to that effect.

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submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.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.

05.06.2020 //Certified to be a true copy// Dated this the day of 2020.

SU/23.09.2020 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/