M/S. Equitas Small Financ Bank Limited v. M/S. Srivatsa International Pvt Ltd And 2 Others
/ 1 /
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 12TH DAY OF MARCH 2020 THE HON'BLE MR.JUSTICE N.SATHISH KUMAR A.No.4617 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of disputes between M/s.Equitas Small Finance Bank Limited and M/s. Sri Vatsa International Private Ltd., and others Arising under Loan Agreement Dated 30.06.2017 bearing Loan Agreement No. BLTNVLI0000612 M/s. Equitas Small Finance Bank Limited, 4th Floor, Phase-II, Spencer Plaza, 769, Anna Salai, Chennai, Tamil Nadu 600 002 Represented by its Authorized Signatory Mr.K.Siva Raja Pandian (Emp.No.36197) ... Applicant -Versus1. M/s. Sri Vatsa International Private Ltd., Rep.by its Managing Director Rekha.R.L No.253/D1, Jayasekaran Hospital K.P.Road, Nagercoil, Kanyakumari 629003.
: Borrower/Respondent-1
2. Mrs.Rekha.R.L Managing Director M/s.Sri Vatsa International Private Ltd., 28C1/Jeeva Nagar-1, Keezha Raman Puthoor Road,
/ 2 / Nagercoil, Kanyakumari, Nagercoil - 629002.
:Co-Borrower-1/Respondent-2
3. Mr.Boothalingam Director M/s.Sri Vatsa International Private Ltd., 28C1/Jeeva Nagar-1, Keezha Raman Puthoor Road, Nagercoil, Kanyakumari, Nagercoil - 62902.
:Co-Borrower-2/Respondent-3 Application praying that this Hon'ble Court be pleased to pass an order of appointment of Mr.K.SIVA RAJA PANDIAN DEPUTY MANAGER LEGAL, CHENNAI of the applicant company as receiver to seize and deliver the movables items more particularly described in the schedule to the Judges Summon from the Respondent 1 to 3 wherever stationed it is found with powers to break open the premises and grant permission to the receiver to obtain police aid from the concerned police officer after taking the inventories, the said movable items are to be handed over to the Applicant's office or to their Representatives at Nagercoil and Tiruvanthapuram and file his report therein to this Hon'ble Court. 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.
/ 3 /
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submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.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.
12.03.2020 //Certified to be a true copy// Dated this the day of 2020. SU/25.09.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.