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Cholamandalam Investment And Finance Co Ltd v. Santhanakaruppan A

2025-06-18Honourable Mr Justice Abdul Quddhose3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18.06.2025

CORAM

THE HONOURABLE Mr. JUSTICE ABDUL QUDDHOSE and Application No. 3730 of 2017 M/s.Cholamandalam Investment and Finance Company Limited, 'Dare House', No.2, N.S.C. Bose Road, Parrys, Chennai-600001 Represented by its Authorised Signatory ... Applicant Vs.

1. Santhanakaruppan A

2. Annalakshmi S ... Respondents PRAYER: Arbitration Application filed under Order XIV Rule 8 Original Side Rules read with Section 9(1)(ii)(b) & (e) of the Arbitration and Conciliation Act, 1996, praying to raise the order of attachment dated 12.10.2017 made in Application No.3730 of 2017 attaching the immovable property morefully described in the schedule to the judges summons and a copy of the order raising attachment be transmitted through the District Court, Madurai and communicated to SRO Madurai (South) Joint IV.

For Applicant : Mr.D.Pradeep Kumar

O R D E R

This application has been filed seeking to raise the order of attachment passed on 12.10.2017 by this Court in Application No.3730 of 2017.

2. Since the claim of the applicant has been settled by the respondents, the applicant seeks for raising the order of attachment. Since the claim of the applicant has been settled by the respondents, the prayer sought for in this application has to be granted.

3. Accordingly, this application is allowed as prayed for by raising the order of attachment dated 12.10.2017 passed in Application No. 3730 of 2017.

4. The applicant is permitted to communicate this order to the concerned Statutory Authorities including the SRO, Madurai (South) Joint IV to implement this order in their respective records. 18.06.2025 Index: Yes/ No Speaking order / Non speaking order Maya

ABDUL QUDDHOSE, J.

Maya Dated : 18.06.2025