M/S.Tvs Credit Services Limited v. Mr.Justus S S/O.Sesappan

A.No.3937 of 2019

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 11.09.2020

CORAM

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.3937 of 2019 M/s. TVS Credit Services Limited, Jayalakshmi Estates, New No.29, Old No.8, Haddows Road, Chennai - 600 006.

Represented by its Authorised Signatory ... Applicant Vs.

Justus S ... Respondent Prayer: Application filed under Order XIV, Rule 8 of O.S.Rules r/w Section 9(ii) (a) (b) (d) & (e) of the Arbitration and Conciliation Act, 1996 to appoint employee of the applicant viz., Mr. Sujai Raj R., Territory Collection 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.

For Applicant : Mr. D. Pradeep Kumar http://www.judis.nic.in 1/2

A.No.3937 of 2019 N.SATHISH KUMAR, J.

O R D E R

By order dated 19.06.2019, this Court had appointed one Mr. Sujai Raj R., Territory Collection Manager, authorised agent of the Applicant Company is appointed 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 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. 11.09.2020 AT A.No.3937 of 2019 http://www.judis.nic.in 2/2