M/S. Cholamandalam Investment And Finance Co., Ltd., v. Mr.Maria Anand M And Another
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 22ND DAY OF SEPTEMBER 2021 THE HON'BLE MR. JUSTICE V.PARTHIBAN Arb Appln.No.73 of 2021 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Disputes between M/s.Cholamandalam Investment and Finance Company Ltd. and Mr.Maria Anand M. & another Arising under Loan Agreement No.XSHUTUT00003247986 Dated 17.10.2019.
M/s.Cholamandalam Investment and Finance Company Limited, No.45, Justice Basheer Ahmed Sayeed Building, IInd Floor, 2nd Line Beach, Moore Street, Parrys, Chennai - 600 001.
Represented by its Authorised Signatory.
... Applicant -Versus1.Mr.Maria Anand M.
S/o Mariadass, No.6/51, Maruthuvar Street, Valanadu, Near Amman Temple, Tuticorin, Tamil Nadu - 628 252.
2.Mrs.Chellammal M.
W/o Mariadass, No.6/51, Maruthuvar Street, Valanadu, Near Amman Temple, Tuticorin, Tamil Nadu - 628 252.
... Respondents Arbitration Application praying that this Hon'ble Court be pleased to direct the Respondents to furnish security for the sum of Rs.1,92,861/- within a time fixed by this Hon'ble Court failing which to order attachment of the immovable properties morefully described in the Schedule to the Judges Summons pending initiation and disposal of arbitration proceedings between the Applicant and the Respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the Sub-Court, Tuticorin and the attachment order may be hand delivered to the applicant for transmission.
This Arbitration Application coming on this day before this court for hearing the court made the following order:
The learned counsel appearing for the applicant seeks permission of this Court to withdraw the present Application.
Permission is granted. Accordingly, this Arbitration Application stands dismissed as withdrawn.
Sd/.V.P.N.J.
22.09.2021 //Certified to be a true copy// Dated this the th day of 2021. SU/30.09.2021 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.