Madras High CourtA/3326/2019withdrawn dismissed

M/S.Shriram City Union Finance Limited v. Mr.Pandiyan E.B. And Another

2019-09-19Honourable Mrs Justice Pushpa Sathyanarayana2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 19TH DAY OF SEPTEMBER 2019 THE HON'BLE MRS. JUSTICE PUSHPA SATHYANARAYANA A. No.3326 of 2019 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of - Arbitration of dispute between - Mr.E.B.Pandiyan and another - Loan Agreement No.TAMBATF1605310002 Dated 31.05.2016.

M/s. Shriram City Union Finance Limited, having its registered office at No.12, Ramasamy Street, T.Nagar, Chennai.

Represented by its Authorised Signatory, Mrs.E.Ramya.

` : Applicant Vs.

1.Mr.E.B.Pandiyan, S/o.Boopathy, 2.Mrs.Deyvanai, W/o.Mr.Pandiyan, Both at No.18/2, Vadivudai Amman Koil Street, Lakshmi Amman Nagar, Kodunagayur, Chennai - 600 118.

:Respondents Application praying that this Hon'ble Court be pleased to pass an order directing the respondent to furnish security to the tune of Rs.27,73.997/- or such sum as this Hon'ble court may direct within such time that this Hon'ble Court may stipulate and in case of default to do so, order https://hcservices.ecourts.gov.in/hcservices/ sale of the property of the second respondent morefully

described in the schedule to the Judges summons and to deposit the sale proceeds into this Hon'ble court to the credit of the above application pending initiation, disposal of the arbitration proceedings and the enforcement of the award.

This Application coming on this day before this court for hearing the court made the following order: Learned counsel appearing for the applicant seeks permission of this Court to withdraw this application as the matter has been settled. He has also made an endorsement in the application to that effect.

2. In view of the submission and endorsement made by the learned counsel for the applicant, this application is dismissed as withdrawn.

Sd/.P.S.N.J.

19.09.2019 //Certified to be a true copy// Dated this the day of 2019.

SU/06.11.2019 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

https://hcservices.ecourts.gov.in/hcservices/