Madras High CourtA/8502/2017closed

M/S. Cholamandalam Investment v. Ms Anbarasi R

2018-07-05Honourable Mrs Justice Pushpa Sathyanarayana2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 05TH DAY OF JULY 2018 THE HON'BLE MRS. JUSTICE PUSHPA SATHYANARAYANA A. No.8502 of 2017 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Disputes between M/s.Cholamandalam Investment and Finance Company Ltd. and Ms.Anbarasi R.

arising under Loan Agreement No.XVFPMDF00001097534 dated 16.12.2013.

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 -VersusMs.Anbarasi R.

D/o.Rasu, No.7, Vaigai Vadakarai, Alwarpuram, Madurai, Tamil Nadu-625 002.

... Respondent Application praying that this Hon'ble Court be pleased to appoint employee of the Applicant viz. Mr.M.Muthu Kumar, Area Receivables Manager, 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 respondent's men, agents, servants from respondent premises or wherever found with police aid and break open of premises if necessary.

This Application coming on this day before this court https://hcservices.ecourts.gov.in/hcservices/ for hearing the court made the following order:

By order, dated 22.12.2017, this Court appointed Mr.M.Muthu Kumar, ARM, as a Receiver to seize and possess the vehicle in question.

2. Pursuant to the warrant of commission issued by this Court to seize the vehicle, it is today represented by the learned counsel appearing for the applicant that the vehicle has been seized and handed over to the applicant company by the Receiver. He would also confirm that proceedings for arbitration in connection with the transaction relating to the aforesaid asset have been concluded and an award has been passed favouring the applicant on 09.08.2016. The statement is recorded.

3. Though the respondent has been served and her name appears in the cause list, none appears on her behalf.

4. In view of the above, nothing further survives in this application and the same stands closed. The parties are free to take such action, as they may desire hereafter, in accordance with law.

Sd/-P.S.N.J 05.07.2018 //Certified to be a true copy// Dated this the day of 2018. KY/30.08.2018 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

https://hcservices.ecourts.gov.in/hcservices/