M/S.Shriram City Union v. Chandru

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY THE 5TH DAY OF APRIL 2019 THE HON'BLE MR.JUSTICE R.SURESH KUMAR A. No.8331 of 2017 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Arbitration of dispute between M/s.Shriram City Union Finance Limited -and Mr.Chandru Loan Agreement No.TAMBATF1505260001;

dated 25.05.2015.

M/s.Shriram City Union Finance Limited having its Registered Office at No.123, Angappa Naicken Street, Chennai rep. By its Authorized Signatory, Mr.P.Nawin ... Applicant Vs.

Mr.Chandru, Son of M.Elumalai No.180, Vittalapuram Post, Kudiperampakkam, Thirukazhukundram, Kancheepuram District - 603 102.

...Respondent

Application praying that this Hon'ble Court be pleased to appoint a receiver to administer the property of the respondent more fully described in the Schedule to the Judge's Summons pending initiation and disposal of the Arbitration Proceeding and enforcement of the award. This application coming on this day before this court for hearing and the court made the following order:

The learned counsel appearing for the applicant submits that, the issue between the parties raised in this application has been settled between them and recording the same, the learned counsel wants this matter to be disposed of.

2. Recording the said submission made by the learned counsel appearing for the applicant, as the matter has been already settled between the parties, no further order is required to be passed in this application, hence, this application is closed.

Sd./- R.S.K.J.

05.04.2019 //Certified to be true copy// Dated at Madras this the day of 2019.

TE/06/05/2019 COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.