B Sathish Kumar v. M/S Sundaram Finance Limited Rep By Its Senior Manager Legal

THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 21.07.2025

CORAM:

THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE in A. No.6257 of 2015 B.Sathish Kumar ... Applicant

Versus

1. Sundaram Finance Ltd., Rep. by its Senior Manager (Legal) G.S. Narayanakrishnan & 2 others ...

Respondents For Applicant : Ms.M. Varshini For Respondents : Mr.S. Sarathkumar for Mr.T. Srinivasaraghavan & Associates

ORDER

Arb. Appln. No.986 of 2025 has been filed to raise the order of attachment, dated 04.01.2017 passed in A. No.6257 of 2015.

2. The learned counsel for the applicant would submit that the entire dues of the respondents have been settled by the applicant and therefore the order of attachment, dated 04.01.2017 passed in A. 6257 of 2015 may be raised.

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3. The learned counsel for the respondents on instructions would also submit that the applicant has settled the dues of the respondents. In view of the same, the prayer sought for in this application has to be granted. Accordingly, Arb. Appln. No.986 of 2025 is allowed by raising the order of attachment, dated 04.01.2017 passed in A. No.6257 of 2015.

4. Both the parties as well as the Registry is directed to communicate this order to the concerned Sub Registrar office as well as other statutory authorities in order to remove the encumbrances from their respective records.

21.07.2025 Index: Yes/ No Speaking order / Non speaking order vsi2 2/3

ABDUL QUDDHOSE, J.

vsi2 in A. No.6257 of 2015 21.07.2025 3/3