M/S.Cholamandalam Investement v. Mr.Abhilash B S/O.Balakrishnan

A.No.5513 of 2018

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 30.07.2020 CORAM :

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR Application No.5513 of 2018 M/s.Cholamandalam Investment and Finance Company Limited, 'Dare House', No.2, N.S.C.Bose Road, Parrys, Chennai - 600 001.

Represented by its Authorised Signatory ...

Applicant versus Abhilash, B., S/o.Balakrishnan, N., Ushas Njarakattuila, Nedumparambu, Attingal, Trivandrum, Near Attingal, Kerala - 695 102.

...

Respondent Prayer: Application filed under Order XIV Rule 8 of Original Side Rules read with Section 9(ii)(a)(b)(c)(d) & (e) of the Arbitration and Conciliation Act, 1996, to appoint the employee of the applicant viz. Mr.Balagopal A.K., Legal Executive, as Receiver to seize and take possession of the vehicle, which is more fully described in the schedule to the Judges Summons, which is lying in the custody of respondent or his men, agents, servants, from his premises or wherever found with the Police aid and break open of premises, if necessary. For Applicant : Mr.N.Santhosh Nagarajan http://www.judis.nic.in 1/2

A.No.5513 of 2018 N.SATHISH KUMAR, J.

sri

O R D E R

By an order dated 13.06.2019, this Court had appointed one Mr.Jaison Joseph, Junior Manager Legal, as Receiver to seize and possess the vehicle, which is more fully described in the schedule to the Judges Summons.

2. Today, when the matter was called, the learned counsel appearing for the applicant submitted through video conferencing that the vehicle could not be secured and sought for extension of time for execution of order by the Receiver and submitted that further time of three weeks may be granted to repossess the vehicle. Accordingly, time is extended finally for a period of three weeks from the date of receipt of a copy of this order, failing which, the order granting power to repossess the vehicle shall automatically stand cancelled.

3. With the above direction, the application is closed. 30.07.2020 sri Application No.5513 of 2018 http://www.judis.nic.in 2/2