M/S. Daimler Financial Services India Pvt Ltd v. Ameer Afzal Khan And Another (Borrower)

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 27.08.2020 C O R A M THE HON'BLE MR.JUSTICE N.SATHISH KUMAR Application No.4621 of 2019 Daimler Financial Services India Pvt Ltd rep. By its Chief Manager Mr.Shaik Shavali, Chennai.

...

Applicant Vs

1. Ameer Afzal Khan

2. Green Global Machines, Rep. by Ameer Afzal Khan ...

Respondents Prayer Application filed under XIV Rule 8 of Original Side Rules, 1956 r/w. Section 9 (ii) (e) of the Arbitration and Conciliation Act, 1996 to appoint Mr. Kamal Kishore, Authorised Agent of the applicant as a Receiver to seize and take possession of the subject schedule vehicle more fully described in the schedule to the Judge's summons from the premises of the respondents or wherever found with Police aid and break open of premises if necessary.

For applicant ...

Mr.H.Mohamed Ismail - - - - - -

N.SATHISH KUMAR,J mst

O R D E R

By order dated 20.09.2019, this Court had appointed one Mr.Kamal Kishore, Authorised Agent of the applicant company, to seize and possess the vehicle, which is more fully described in the schedule to the Judges Summons.

2.

Today, when the matter was called, the learned counsel appearing for the applicant submitted that the vehicle could not be secured and sought for extension of time for execution of the order by the Receiver and submitted that further time of three weeks may be granted to repossess the vehicle and application may be closed. Accordingly, time is extended finally for a period of three weeks from the date of receipt of a copy of this order, failing which the Order granting power to repossess the vehicle shall automatically stand cancelled.

3.

With the above direction, the application is closed. 27.08.2020 mst.

Application No.4621 of 2019