M/S Tvs Credit Services Limited v. Mr.Deepak Panda

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 20TH DAY OF OCTOBER 2021 THE HON'BLE MR. JUSTICE V.PARTHIBAN Arb.Appln.211 of 2021 in A. No.806 of 2021 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Disputes between M/s. TVS Credit Services Limited and Mr. Deepak Panda Arising under Loan Cum Hypothecation Agreement Dated 31.05.2016 bearing Agreement No.OR3051CA0000863.

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 -VersusMr. Deepak Panda S/o. JunaPanda H/O Uttam Ch Sahoo, Lalasahi, PS - Jagatsinghapur Dist - Jagatsinghapur, Nr Radio Sanskar Alipingal B.O., Orissa - 754103.

... Respondent

Arb.Appln.211 of 2021 Application praying that this Hon'ble Court be pleased to extend the time granted by order dated 04.03.2021 in Application No.806 of 2021 to the receiver to seize the vehicle which is morefully described in the schedule to the judges summons by a further period of 4 weeks from the date of receipt of copy of order.

This application coming on this day before this court for hearing in the presence of Mr.D. Pradeep Kumar, Advocate for the Applicant herein, and upon reading the order dated 14.09.2021 made in Arb.Appln.No.211 of 2021 and A.No.806 of 2021, it is ordered as follows:- That the time granted in pursuance of the order dated 04.03.2021, made in A.No.806 of 2021, to seize and repossess the vehicle by the receiver appointed therein be and is hereby extended further period of four weeks from the date of receipt of copy of the order. WITNESS THE HON'BLE MR. JUSTICE SANJIB BANERJEE, CHIEF JUSTICE, HIGH COURT AT MADRAS AFORESAID, THIS THE 20TH DAY OF OCTOBER 2021.

Sd/- ASSISTANT REGISTRAR (Comm. Cases) //Certified to be true copy// Dated at Madras this the day of 2021. COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.

MU 29.11.2021 Arb.Appln.No.211 of 2021 in A. No.806 of 2021

ORDER

DATED : 20.10.2021 THE HON'BLE MR. JUSTICE V.PARTHIBAN FOR APPROVAL: 30.11.2021 APPROVED ON: 01.12.2021 Copy to:- Mr.Ashish Das, Territory Manager - Collection Receiver M/s.TVS Credit Services Limited Jayalakshmi Estates, New No.29, Old No.8, Haddows Road, Chennai - 600 006.