Madras High CourtA/7355/2019withdrawn dismissed

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

2019-11-12Honourable Mrs Justice Pushpa Sathyanarayana2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 12TH DAY OF NOVEMBER 2019 THE HON'BLE MRS. JUSTICE PUSHPA SATHYANARAYANA A. No.7355 of 2019 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of dispute between M/s.Equitas samll Finance Bank Limited and Mr.Rengaswamy and others Arising under Loan Agreement Dated 26.09.2018 bearing Loan Agreement No.SLNGRCL0199469.

M/S.EQUITAS SMALL FINANCE BANK LTD.

4TH FLOOR, PHASE II, SPENCER PLAZA, 769, ANNA SALAI, CHENNAI, TAMILNADU -600 002 REP.BY ITS AUTHORISED SIGNATORY MR.R.S.BHARATH.

(Emp.No.31681) ..Applicant -vs1. MR.RENGASWAMY AND ANOTHER NO.30/70C, VATTAPALLI VILAI, THOTTAVARAM, PUDUKADAI, KANYAKUMARI,TAMILNADU, INDIA - 629 171.

2. MRS.SUDHA, NO.30/70C, VATTAPALLI VILAI, THOTTAVARAM,PUDUKADAI, KANYAKUMARI,TAMILNADU, INDIA - 629 171.

..RespondentS Application praying that this Hon'ble Court be pleased to direct the Respondents to furnish security for the sum of Rs.5,61,523/- 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 https://hcservices.ecourts.gov.in/hcservices/ pending initiation and disposal of the arbitration proceedings between the Applicants and the Respondents and

till enforcement of the award that may be ultimately passed in the arbitration proceeding and a copy of the attachment order to be transmitted through the District Court, KANYAKUMARI and the attachment order may be hand delivered to the applicant for transmission.

This Application coming on this day before this court for hearing the court made the following order: Learned counsel appearing for the applicant seeks permission of this Court to withdraw this application. He has also made an endorsement in the application to that effect.

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view of the submission and endorsement made by the learned counsel for the applicant, this application is dismissed as withdrawn.

Sd/.P.S.N.J.

12.11.2019 //Certified to be a true copy// Dated this the day of 2019.

SU/14.11.2019 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

https://hcservices.ecourts.gov.in/hcservices/