M/S Equitas Small Finance Bank Limited v. Mr.Sahib Impex Rep.By Its Partner And 2 Others
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 23RD DAY OF JUNE 2021 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.3710 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Disputes between M/S EQUITAS SMALL FINANCE BANK LIMITED and MR.SAHIB IMPEX and others arising under Loan Agreement dated 15.09.2017 bearing Loan Agreement No.BLLUDNA0001026.
M/S EQUITAS SMALL FINANCE BANK LIMITED, 4TH FLOOR, PHASE-II, SPENCER PLAZA, 769, ANNA SALAI, CHENNAI, TAMILNADU - 600 002 REPRESENTED BY ITS AUTHORISED SIGNATORY MR.K.SIVA RAJA PANDIAN (Emp.No.36197) ..Applicant -Vs1. M/s.SAHIB IMPEX, REP.BY ITS PARTNER, MR.KANWARJIT SINGH, P-1 TEXTILE COLONY, INDUSTRIAL AREA - A, LUDHIANA-141 012.
..Borrower/Respondent-1
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2. MR.KANWARJIT SINGH, H.NO.86, B MODEL TOWER EXTENSION, MODEL TOWN, LUDHIANA ..Co-Borrower-1/Respondent-2
3. MR.AJAY PAL SINGH, H.NO.175-G, BHAI RANDHIR, NGT NAGAR, RAJGURU NAGAR, LUDHIANA.
..Co.Borrower-2/Respondent-3 Application praying that this Hon'ble Court be pleased to pass an order of appointment of ADVOCATE COMMISSIONER to be in charge of the day to day receivables of M/S.SAHIB IMPEX with a direction to deposit into a separate account to be opened such receivables collected on a day to day basis till the total outstanding is recovered grant permission to the Advocate Commissioner to obtain police aid from the concerned police officer.
This Application coming on this day before this court for hearing the court made the following order:
Today, when the matter was taken up for hearing through Video Conferencing, Ms.A.S.Neela Narayani, learned counsel appearing for the applicant seeks permission of this Court to withdraw this Application.
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2. In view of the submission made by the learned counsel appearing for the applicant, this Application is dismissed as withdrawn. Sd/.N.S.K.J.
23.06.2021 //Certified to be a true copy// Dated this the day of 2021.
SU/02.07.2021 COURT OFFICER (O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.