M/S.Equitas Small Finance Bank v. Mr.Vinod Arjun Devras And 2 Others

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) TUESDAY, THE 22ND DAY OF SEPTEMBER 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.8356 of 2019 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of Disputes between M/s. Equitas Small Finance Bank Limited and Mr. VINOD ARJUN DEVRAS And others Arising under Loan Agreement Dated 16.11.2017 bearing Loan Agreement No.SLKLHPR0161692.

M/S.EQUITAS SMALL FINANCE BANK LIMITED, 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

VERSUS

1.MR.VINOD ARJUN DEVRAS, S/o.Arjun Devras, Shetaghar Jadhav Galli, Sangavade Wadi Gram, Karvir, Kolhapur, Maharashtra, India - 416 202. .... Borrower / Respondent - 1

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2. MR.VINAYA VINOD DEVRAS Sangawadevadi, Sangavade, Karvir, Kolhapur, Maharashtra, India - 416 202. .... Co Borrower / Respondent - 2

3. MR.SHIVARAJ BASAGONDA PATIL 612, Marathi Shale Mage Grampanchayat Javal Chandur, Hatkanangle, Kolhapur, Maharashtra, India - 416 115.

... Guarantor / Respondent -3 : Respondents Application praying that this Hon'ble Court be pleased to pass an order of appointment of Mr.VINAYAK PANDURANG LAMBORE, Branch Receivable Manager, of the applicant company as receiver to seize the vehicle more particularly described in the schedule to the Judges Summon wherever stationed in the premises of the respondents or wherever it si found and with whomsoever it is found with powers to break open the premises and grant permission to the receiver to obtain police aid from the concerned police officer.

This Application coming on this day before this court for hearing the court made the following order:

The learned counsel for the applicant seeks permission of this Court to withdraw this application and also sent a communication through email to that effect.

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2. In view of the permission sought by the learned counsel for the applicant to withdraw this application, this application is dismissed as withdrawn.

Sd/.N.S.K.J 22.09.2020 //Certified to be a true copy// Dated this the th day of 2020. SS/02.11.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.