M/S.Cholamandalam Investment v. M/S.S.A.Rawther Spices Pvt Ltd

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) MONDAY, THE 09TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.6537 of 2018 Arbitration & Conciliation Act, And In the matter of disputes and differences between Cholamandalam Investment and Finance Company Limited and M/s.S.A.Rawther Spices Private Limited and 2 others in Bill Discounting Agreement disbursed in Sanction letter No.52/BD/2015 - 2016 dated 5.4.2016 with Facility Unique Id.No.AP00000298.

M/S.CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD ., REPRESENTED BY ITS AUTHORIZED OFFICER MR.R.SIVAKUMAR , DARE HOUSE, 2 N.S.C.BOSE ROAD, PARRYS, CHENNAI - 600 001.

..Applicant -Vs1. M/S.S.A.RAWTHER SPICES PVT. LTD., NO.17, 4TH MAIN, 4TH BLOCK, GORAGUNTEPALYA TUMKUR ROAD, NEW RING ROAD, BANGALORE - 560 022.

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2. MR.ANISH MOHAMMED RAWTHER, 38, 3rd MAIN, 3RD CROSS, DOLLERS COLONY, RMV II STAGE, BANGALORE-560 094.

3. MRS.THAZATHU SHAIK HASEENA, 38, 3rd MAIN, 3RD CROSS, DOLLERS COLONY, RMV EXTN, 2ND STAGE, BANGALORE-560 094.

..RESPONDENTS Application praying that this Hon'ble Court be pleased to direct the Respondents to furnish security for an amount of Rs.4,67,62,098/-(Four Crores Sixty Seven Lakhs Sixty Two Thousand Ninety Eight only) together with interest @ 18% per annum from 07/11/2017, failing which order attachment of the schedule mentioned property, by way of interim measure pending enforcement of the awards.

This Application coming on this day before this court for hearing the court made the following order:

There is no representation for the applicant.

2. Hence, this application is dismissed for default. Sd/.N.S.K.J.

09.03.2020 //Certified to be a true copy// Dated this the day of 2020.

SU/28.08.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

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