Madras High CourtA/6930/2019withdrawn dismissed

M/S.Kotak Mahindra Bank Ltd. v. Nandagopal R And 3 Others

2020-03-19Honourable Mr Justice N. Sathish Kumar2 pages

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY, THE 19TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.6930 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of dispute between the applicant and the respondents in respect of Loan Agreement No. CE 491670 dated 29.07.2016 M/S. KOTAK MAHINDRA BANK LIMITED, REP BY ITS ASSISTANT -LEGAL / AUTHORISED SIGNATORY MR.R.VASU, 8TH FLOOR,TVH AGNITIO PARK,ZONE 2, OLD MAHABALIPURAM ROAD, KANDANCHAVADI, CHENNAI 600 096 ...Applicant

VERSUS

1 NANDAGOPAL R NO 3-65,THENGAI KOTTAI SEERANGANUR METTUR, PERIYASORAGAI, SALEM-636 502.

2 SITHAYI R NO 3-65,THENGAI KOTTAI SEERANGANUR METTUR, PERIYASORAGAI, SALEM-636 502.

3 RANGANATHAN R NO 3-65,THENGAI KOTTAI SEERANGANUR METTUR, PERIYASORAGAI, SALEM-636 502.

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/ 2 / 4 GOVINDHAN N NO 1-14, KANDIYANGKUPPAM,KANDIYANGKUPPAM PO, TIRUVANNAMALAI, TIRUVANNAMALAI- 606 753 .... Respondents Application praying that this Hon'ble Court be pleased to pass an order appointing Mr. Senthil Prabhu, Senior Manager, Kotak Mahindra Bank Ltd, as Receiver to Excavator - Volvo Crawler Excavator EC140DL bearing The Serial number of the hypothecated asset is 15102701 bearing with Engine number 2GE0533 and Chassis number is EC140DL270033 lying at the address of the Respondents 1,2,3 &4 or wherever and to handover to the Applicant in as in where is condition. This Application coming on this day before this court for hearing the court made the following order:

The learned counsel appearing for the applicant seeks permission of this Court to withdraw this application and he has also made an endorsement to that effect.

1. In view of the submission and endorsement made by the learned counsel appearing for the applicant, this application is dismissed as withdrawn.

Sd/.N.S.K.J 19.03.2020 //Certified to be a true copy// Dated this the th day of 2020. SS/28.05.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

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