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Madras High CourtA/3455/2019closed

M/S.Cholamandalam Investment And Finance Co Ltd v. Mr.Baikuntha Dharua

2020-03-19Honourable Mr Justice N. Sathish Kumar2 pages

A.No.3455 of 2019 A.No.3455 of 2019 N.SATHISH KUMAR, J.

This application has been filed to direct the respondents to furnish security for a sum of Rs.1,80,708/-, failing which to attach the immovable properties morefully described in the schedule, pending initiation and disposal of arbitration proceedings between the applicant and the respondents 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 respondents 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 respondents have not furnished any security and none appeared for the respondents.

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 http://www.judis.nic.in 1/2

A.No.3455 of 2019 N.SATHISH KUMAR, J.

kal/mra A.No.3455 of 2019 19.03.2020 http://www.judis.nic.in 2/2