M/S.Equitas Small Finance Ltd. v. Mr.Rengaswamy And Another

A.No.7357 of 2019 A.No.7357 of 2019 N.SATHISH KUMAR, J.

This application has been filed to direct the respondents to furnish security for a sum of Rs.12,41,234/- within a time fixed by this Court, failing which, to order attachment of the immovable property morefully described in the schedule to the judges summons pending initiation and disposal of the arbitration proceedings between the applicant and the respondent and till the enforcement of the Award pas that may be ultimately passed in arbitration proceedings and a copy of the attachment order be transmitted through the District Court, Kalyakumari and the attachment order may be hand delivered to the applicant for transmission.

2. This Court by an Order dated directed the respondents to furnish security for the suit claim on or before 10.12.2019 and on failing to furnish security, there shall be Order of attachment.

3. Despite the Order of this Court directing to furnish security, the respondents have not furnished any security and none appeared for the respondents.

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A.No.7357 of 2019 N.SATHISH KUMAR, J kal

4. In view of the same, there shall be an Order of attachment of the immovable property described in the schedule and this application is closed. The registry is directed to communicate this Order to the concerned Registrar.

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