M/S Tvs Credit Services Limited v. Mr.Ashis Kumar Sahu

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 9TH DAY OF SEPTEMBER 2021 THE HON'BLE MR.JUSTICE V.PARTHIBAN Arb. Appln. No.202 of 2021 in A.No. 807 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.Ashis Kumar Sahu Arising under Loan Cum Hypothecation Agreement Dated 31.07.2016 bearing Agreement No. OR3051CA0001013.

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 in both the applications Vs.

Mr.Ashis Kumar Sahu, S/o. Hrudananda Sahu, AT/PO Bagadia, PS - Chhendipada, Angul, Nr. Mausima Mandir, Bagedia S.O., Orissa - 759141.

... Respondent in both the applications Application praying that this Hon'ble Court be pleased to extend the time granted by order dated 30.03.2021 in A.No.807 of 2021 to the

Receiver to seize the vehicle which is more fully 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 Judge's Summons and the affidavit of Mrs.Shanthi G.K. filed herein and upon reading the order herein dated 30.03.2021 made in A.No. 807 of 2021, it is ordered as follows:- That the time granted in pursuance of the order dated 30.03.2021, made in A. No.807 of 2021, to seize and repossess the vehicle by the receiver appointed therein be and is hereby extended till 08.10.2021.

2. That the Arb. Appln. No.202 of 2021 be posted on 08.10.2021. WITNESS THE HON'BLE MR. JUSTICE SANJIB BANERJEE, CHIEF JUSTICE, HIGH COURT AT MADRAS AFORESAID, THIS THE 9th DAY OF SEPTEMBER 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.

EVK 21/09/2021 Arb. Appln. No.202 of 2021 in A.No. 807 of 2021 ORDER :- DATED :09.09.2021 THE HON'BLE MR.JUSTICE V.PARTHIBAN FOR APPROVAL: 29/09/2021 APPROVED ON: 29/09/2021