Madras High CourtA/8014/2017withdrawn dismissed

M/S. Cholamandalam Investment v. Sulaiman K

2020-03-17Honourable Mr Justice N. Sathish Kumar2 pages

/ 1 /

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 17TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.8014 of 2017 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Arbitration Disputes between M/s.Cholamandalam Investment and Finance Company Ltd and Mr.Sulaiman K & another Loan Contract No.X0HLVLE00001666755Dated 30.04.2016 M/s. Cholamandalam Investment and Finance Company Limited, Registered office at No.2, Ist Floor, N.S.C.Bose Road, Parrys, Chennai-600 001 Represented by its Authorised Signatory Mr.S.Sivakumar ..Applicant -vs1.Sulaiman K, No.57, Labbai Street Kalaivai Arcot Taluk, Vellore, Arcot - 632506 2.Reshma S, No.57, Labbai Street Kalaivai Arcot Taluk, Vellore, Arcot 632506 ..Respondents https://hcservices.ecourts.gov.in/hcservices/

/ 2 / Application praying that this Hon'ble Court be pleased to pass an order directing the respondents to furnish security to the Award amount of Rs.20,85,955.25/- together with interest @ 18% per annum 28.06.2017 till the date of realization in full or such sum as this Hon'ble Court may direct within such time that this Hon'ble Court may stipulate and in case of default to do so, order sale of the property of the first respondent more fully described in the schedule to the Judges summons and to deposit the sale proceeds into this Hon'ble Court towards the credit of the above application. 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 to withdraw this application and also made an endorsement to that effect.

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submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.

Sd/.N.S.K.J.

17.03.2020 //Certified to be a true copy// Dated this the day of 2020.

SU/18.06.2020 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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