Madras High CourtA/4497/2019withdrawn dismissed

M./S.Kotak Mahindra Bank Ltd v. Kondala Rao Mandava And 2 Others

2020-03-18Honourable Mr Justice N. Sathish Kumar2 pages

/ 1 /

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 18TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.4497 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of dispute between the Applicant and the Respondents in respect of Loan Agreement No.CE 550236 dated 2.6.2017 M./S.KOTAK MAHINDRA BANK LIMITED, REP.BY ITS ASSOCIATE-LEGAL/AUTHORISED SIGNATORY, MR.JAYAPAL MADHAVAN, 8TH FLOOR, TVH AGNITIO PARK, ZONE-2, OLD MAHABALIPURAM ROAD, KANDANCHAVADI, CHENNAI - 600 096.

..Applicant -Vs1. KONDALA RAO MANDAVA, H.NO.51-85, PONNALURU, PRAKASAM, PRAKASAM-523 109, ANDHRA PRADESH

2. MALYANDRI MANDAVA H.NO.51-85, UPPALADINNE ROAD, PONNALURU, PRAKASAM, PRAKASAM-523 109, ANDHRA PRADESH

3. EDARA CHENCHU RAMAIAH H.No.2 12a, BODDAPALLI VARI KOSTALY KANDUKURU, KONDIKANDUKRU, PRAKASAM- 523 105, ANDHRA PRADESH ..RESPONDENTS https://hcservices.ecourts.gov.in/hcservices/

/ 2 / Application praying that this Hon'ble Court be pleased to pass an order appointing Mr.Praveen Modukuri, Assistant Manager, Kotak Mahindra Bank Ltd, as Receiver to Construction Equipment-ExcavatorTELCON LTD-CB Hydraulic Excavator Ex 200 bearing Engine Cummins No.84383789 and Serial Number of the equipment is S 200-53936 lying at the address of the Respondents 1 to 3 or wherever and to handover to the Applicant in as is where is condition.

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

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

2. In view of the submission and endorsement made, this application is dismissed as withdrawn.

Sd/.N.S.K.J.

18.03.2020 //Certified to be a true copy// Dated this the day of 2020. SU/01.07.2020 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/