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Madras High CourtA/1621/2020closed

M/S.Daimler Financial Services India Pvt Ltd v. Ramesh Z Naik And Another

2020-11-11Honourable Ms. Justice P.T. Asha2 pages

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 11TH DAY OF NOVEMBER 2020 THE HON'BLE MS. JUSTICE P.T. ASHA A. No.1621 of 2020 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Loan cum Hypothecation Agreement, and dispute between M/s.Dailmer Financial Services India Pvt.Ltd., And Mr.Ramesh Z Naik - Loan Nos.20135963, 20135964, dated - 22.11.2017.

M/S.DAIMLER FINANCIAL SERVICES INDIA PVT. LTD. Represented by its Authorised Signatory, 1st Floor, Unit #1, Block B- Tek Meadows Campus, No.51, Rajiv Gandhi Salai, Sholinganallur, OMR, Chennai - 600 19, Tamilnadu, India.

..Applicant -Vs1. RAMESH Z NAIK, Contractor, No.364, Near Primary School, Joida, Uttarkannada - 581 121, Karnataka

2. RAGHAVENDRA RAMESH NAIK S/o.Ramesh Naik, Plot No.980, Sy,No.321, Mahaveer Nagar, https://hcservices.ecourts.gov.in/hcservices/

/ 2 / Udyam Bag, Belgaum, Belgaum - 590 019, Karanataka.

..Respondents Application praying that this Hon'ble Court be pleased to appoint a receiver namely Mr.Govind Narayan Jarataghar of the applicant to seize and deliver the vehicle 2 Bharat benz BB HDT 2523C 16 Cum Vehicles details as mentioned below:

Sl.No.

Contract No.

Engine No.

Chassis No.

20135963 400952D0050836 MEC2416BLHP050834 20135964 400952D0050725 MEC2416BLHP050758 The above said vehicles are available at the Respondent's premises or wherever found and permit the receiver namely Mr.Govind Narayan Jarataghar of the applicant to obtain police aid and to break open the premises.

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

Considering the fact that the arbitration has commenced, the application stands closed.

Sd/.P.T.A.J 11.11.2020 //Certified to be a true copy// Dated this the th day of 2020. Ssu.18.12.2020 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/