Madras High CourtA/4151/2019withdrawn dismissed

M/S.Shriram City Union Finance v. Mr.G.Karthikeyan And 2 Others

2020-03-17Honourable Mr Justice N. Sathish Kumar2 pages

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 17TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.4151 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of - Arbitration of dispute - betweenM/s.

M/S.SHRIRAM CITY UNION FINANCE LIMITED and MR.G.KARTHIKEYAN AND another- Loan Agreement No.

PONAMTF1609070002 dated 08.09.2016 M/S.SHRIRAM CITY UNION FINANCE LIMITED, HAVING ITS BRANCH OFFICE AT NO.12 RAMASAMY STREET, T.NAGAR, CHENNAI, REP.BY ITS AUTHORIZED SINGATORY MRS.E.RAMYA.

..APPLICANT -VS1. MR.G.KARTHIKEYAN SON OF MR.GANAPATHY

2. MRS.G.RAJALAKSHMI WIFE OF MR.GANAPATHY

3. MRS.GAYATHRI DAUGHTER OF MR.GANAPATHY ALL AT OLD NO.26, NEW NO.7 INDIRA GANDHI STREET, SENTHIL NAGAR, THIRUMULLAIVOL, https://hcservices.ecourts.gov.in/hcservices/

/ 2 / CHENNAI - 600 062.

..RESPONDENTS Application praying that this Hon'ble Court be pleased to pass an order directing the respondents to furnish security to the tune of Rs.19,32,048/- or such sum as this Hon'ble Court may direct within such time that this Hon'ble court may stipulate and in case default to do so order sale of the property of the respondents morefully described in the schedule to the Judge's summons and to deposit the sale proceeds into this Hon'ble court to the credit of the above application pending initiation and disposal of the arbitration proceeding and the enforcement of the award. This Application coming on this day before this court for hearing the court made the following order:

The learned counsel appearing for the applicant seeks to withdraw this application and also made an endorsement to that effect.

2. In view of the submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.

Sd/.N.S.K.J 17.03.2020 //Certified to be a true copy// Dated this the day of 2020.

SU/24.09.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

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