M/S.Cholamandalam Investment And Finance Co.,Ltd., v. Mr.Arunkumar Urf Harun

A.No.8261 of 2019

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 26.08.2020 CORAM :

THE HONOURABLE MR. JUSTICE N.SATHISH KUMAR A.No.8261 of 2019 M/s.Cholamandalam Investment and Finance Company Limited 'Dare House' No.2, N.S.C Bose Road Parrys Chennai-600 001.

Represented by its Authorised Signatory ... Applicant Vs.

Mr.Arunkumar Urf Harun ... Respondent PRAYER: Application filed under Order XIV Rule 8 of Original Side Rules r/w Section 9 (ii) (a) (b) (c) (d) & (e) of the Arbitration and Conciliation Act 1996 praying to appoint employee of the applicant viz., Mr.Jitendra Kumar Singh, BBM as receiver to seize and take possession of the vehicle, which is morefully described in the schedule to the judges summons which is lying in the custody of respondent or his men, agents, servants from his premises or wherever found with police aid and break open of premises if necessary.

For Applicant : Mr.N.Santhosh Nagarajan For Respondent : No Appearance http://www.judis.nic.in

A.No.8261 of 2019 N. SATHISH KUMAR, J.

dpq O R D E R By order dated 05.11.2019, this Court had appointed one Mr.Jitendra Kumar Singh, BBM as Receiver to seize and possess the vehicle, which is morefully described in the schedule to the Judges Summons. 2.

Today, when the matter was called, the learned counsel appearing for the applicant submitted that the vehicle could not be secured and sought for extension of time for execution of order by the Receiver and submitted that further time of three weeks may be granted to repossess the vehicle. Accordingly, time is extended finally for a period of three weeks from the date of receipt of a copy of this order, failing which the Order granting power to repossess the vehicle shall automatically stand cancelled.

3.

With the above direction, the application is closed. 26.08.2020 Index:Yes/No Internet:Yes/No Speaking order/Non-Speaking order dpq A.No.8261 of 2019 http://www.judis.nic.in