M/S.Cholamandalam Investment And Finance Co. Ltd. v. Mr.Chandragupthan And Another

A.No.6380 of 2019

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATE: 25.08.2020

CORAM

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.6380 of 2019 M/s Cholamandalam Investment and Finance Company Limited, Dare House, No.2, NSC Bose Road, Parrys, Chennai 600 001. Represented by its Authorised Signatory ... Applicant Vs.

1. Mr. Chandragupthan

2. Mr. Arumugam ... Respondents Prayer: Application filed under Order XIV Rule 8 of Madras High Court Original Side Rules r/w Section 9(ii)(b) of the Arbitration and Conciliaton Act, 1996 to direct the respondents to furnish security for a sum of Rs.1,83,291/- within a time fixed by this court, failing which to pass an order of attachment of the immovable property described in the schedule to the judges summons pending disposal of arbitration proceedings between the applicant and the respondent and till enforcement of the Award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the Puducherry District Court and the attachment order may be hand delivered to the applicant for transmission.

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A.No.6380 of 2019 N.SATHISH KUMAR, J.

mst For Applicant : Mr. N.Santhosh Nagarajan

O R D E R

This petition has been filed to furnish security. It is submitted by the learned counsel appearing for the applicant that already award has been passed. In such view of the matter, it is for the applicant to enforce the Award as per law.

2. Accordingly, this application is closed. No costs. 25.08.2020 mst A.No.6380 of 2019 2/2 http://www.judis.nic.in