Madras High CourtA/5283/2019closed

M/S.Shriram City Union Finance Ltd v. M/S.Senthel Aggregate And Cement Products And 3 Others

2021-04-07Honourable Mr Justice N. Sathish Kumar3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) WEDNESDAY, THE 07TH DAY OF APRIL 2021 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A.No.5283 of 2019 In the matter of Arbitration and Conciliation Act, 1996 And In the matter of - Arbitration of dispute between M/s.Shriram City Union Finance Limited - and - M/s Senthel Aggregate and Cement Products (Firm) rep. By its Managing Partner and others - Loan Agreement Nos:TFHO2TF1705310004;

TFHO2TF1706140001 dated 30.05.2017 and Loan Agreement No: TFHO2TF1706290001 dated 29.06.2017.

M/s.Shriram City Union Finance Limited, having its Branch Office at No.12/32, Ramasamy Street,T.Nagar, Chennai, rep. by its Authorized Signatory, Mrs.E.Ramya.

... Applicant -Versus1) M/s Senthel Aggregate and Cement Products, No:107 A - Senguptha Street, Ram Nagar, Coimbatore - 641 009.

2) Mr.O.Arumugasamy, Son of Mr.Olaikaara Gounder,

3)Mr.Senthil Kumar, Son of Mr.O.Arumugasamy, Both at No:213 ATD Road, Race Course, Coimbatore - 641 108.

4)Mr.M.Palanisamy, Son of Mr.Mariappa Gounder, No:107 A - Senguptha Street, Ram Nagar, Coimbatore - 641 009.

... Respondents Application praying that this Hon'ble Court be pleased to appoint a receiver to administer the properties of the second and fourth respondents more fully described in the Schedule to the Judge's Summons pending enforcement of the award.

This Application coming on this day before this court for hearing the court made the following order:

This application has been filed to appoint a receiver to administer the properties of the second and fourth respondents more fully described in the schedule to the Judge's Summons pending enforcement of the award.

2. It is submitted by the learned counsel for the applicant that the symbolic possession has been taken by the applicant. It is also submitted that Award has already been passed in this matter. The said submissions are recorded.

3. In view of the same, this application is closed. Sd/.N.S.K.J.

07.04.2021 //Certified to be a true copy// Dated this the th day of 2021. su.15.04.2021 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.