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Madras High CourtA/7291/2019closed

M/S.Manapuram Finance Ltd. v. Mrs.Tamil Selvi S And 2 Others

2021-04-16Honourable Mr Justice N. Sathish Kumar3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY, THE 16TH DAY OF APRIL 2021 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.7291 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of disputes between M/S.MANAPURAM FINANCE LTD.

And Mrs.Tamil Selvi.S. And others arising under Loan Agreement Dated 30.06.2017 bearing Loan Agreement MFTNRELONS000005001686.

M/S.MANAPURAM FINANCE LTD.

NO.400 (116/1) DR.NATESAN ROAD, TRIPLICANE, CHENNAI - 600 005., REPRESENTED BY ITS AUTHORISED SIGNATORY MR.MANIARASAN (Emp.No.62566) ..Applicant -Vs1. MRS.TAMIL SELVI S, NO.9/372, B-TYPE, 49TH STREET, SIDCO NAGAR, VILLIVAKAM, CHENNAI - 600 049.

..Borrower

2. MR.SRIDHARDOSS R NO.9/372, B - TYPE, 49TH STREET, SIDCO NAGAR, VILLIVAKKAM, CHENNAI - 600 049.

3. MR.ELANGOVAN R NO.99/12, KAMBAR NAGAR, 3RD STREET, JAWAHAR NAGAR, CHENNAI - 600 082.

..Co.Borrower/Respondents Application praying that this Hon'ble Court be pleased to pass an order of appointment of MR.LEO SAGAYARAJ-CLUSTER HEAD COLLECTION of the applicant company as receiver to seize the vehicle more particularly described in the schedule to the Judges Summon wherever stationed in the premises of the respondents or wherever it is found and with whomsoever it is found with powers to break open the premises and grant permission to the receiver to obtain police aid from the concerned police officer.

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

This application has been filed for an interim Order for appointment of a receiver to seize the vehicle mentioned in the Judges summons.

2. It is submitted by the learned counsel appearing for the applicant that award has already been passed in this matter.

3. In such view of the matter, this Court is not inclined to pass any order in this application and the applicant has to work out the remedy to execute the award. Accordingly, this application is closed. Sd/.N.S.K.J.

16.04.2021 //Certified to be a true copy// Dated this the th day of 2021. su.22.04.2021 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.