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Madras High CourtA/4936/2019withdrawn dismissed

M/S.Iifl Home Finance Ltd v. Mr.E.Moorthy And 3 Others

2020-07-17Honourable Mr Justice N. Sathish Kumar3 pages

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 17.07.2020

CORAM:

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.4936 of 2019 M/s.IIFL Home Finance Ltd., Formerly known as India Infoline Housing Finance Ltd., (IIFL) Having its registered office at 12A-10, 13th floor, Parinee Crescenzo C-38 and C-39, G Block, Behind MCA, Bandrakurla Complex Bandra East, Mumbai 400 051 Corporate Office at Plot No.98, Udyog Vihar, Phast - 4, Gurgaon Branch Office presently at 9th floor, Bascon Futura, No.10/1, Venkatanarayanan Road, T.Nagar, Chennai 600 017 Through its Power of Attorney Holder Mr.R.Thiyagarajan . . . Applicant

Versus

1. Mr.E.Moorthy residing at VGN Krona, No.66, 67, 68, S1 2nd floor, Gerugambakkam, Chennai 600 122, Kancheepuram

2. M/s.Sri Subhalakshmi Infra Pvt.Ltd., Rep.by its Director Mr.E.Moorthy having its office at VGN Krona No.66, 67, 68, S1 2nd floor, Gerugambakkam, Chennai 600 122.

Kancheepuram.

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3. Mrs.D.Nalini residing at VGN Krona No.66, 67, 68, S1 2nd floor Gerugambakkam, Chennai 600 122.

Kancheepuram.

4. Mrs.E.Venkada Lakshmi residing at VGN Krona, No.66, 67, 68, S1 2nd floor, Gerugambakkam, Chennai 600 122 Kancheepuram. . . . Respondents PRAYER: Application filed under Order XIV Rule 8 of original side rules r/w.SEC 9(ii)(b) and (e) of the Arbitration and Conciliation Act, 1996, to pass an order directing the respondents to furnish security to the tune of Rs.3,19,87,108.73/- or such sum as this Hon'ble Court directs within such time that this Hon'ble Court may stipulate along with an order of conditional attachment and in default of the respondents to do so to order attachment of the property more fully described in the schedule to the petition through the City Civil Court, Chennai pending disposal of the arbitral proceedings and the enforcement of the award.

For Applicant :

M/s.V.Balasubramani P.Veeramalai

ORDER

The learned counsel appearing for the applicant seeks to withdraw this application and also sent a communication through email to that effect.

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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.

17.07.2020 //Certified to be a true copy// Dated this the day of 2020. SU/24.09.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.