Madras High CourtA/8540/2019withdrawn dismissed

M/S.Cholamandalam Investment And Finance Co. Ltd. v. Mr.Pratap Sambhaji Padalkar

2020-01-31Honourable Mr Justice M. Sundar2 pages

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY, THE 31ST DAY OF JANUARY 2020 THE HON'BLE MR. JUSTICE M.SUNDAR A. No.8540 of 2019 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Disputes between M/s.Cholamandalam Investment and Finance Company Ltd. And MR.PRATAP SAMBHAJI PADALKAR Arising under Loan Agreement No.XVFPBRI00001801123 Dated 14.10.2016.

M/S.CHOLAMANDALAM INVESTMENT AND FINANCE CO. LTD. Dare House,No.2, N.S.C.Bose Road, Parrys, Chennai-600001.

Represented by its Authorised Signatory ..Applicant -VSMR.PRATAP SAMBHAJI PADALKAR S/o.Sambhaji Padalkar, 380, Wayase Wadi, Akole, Indapur, Pune Maharashtra- 413 130.

... Respondents Application praying that this Hon'ble Court be pleased to direct the Respondent to furnish security for the sum of Rs.4,58,012.89/- within a time fixed by this Court failing which to order attachment of the immovable https://hcservices.ecourts.gov.in/hcservices/ properties morefully described in the Schedule to the Judges summons

/ 2 / pending disposal of arbitration proceedings between the Applicant and the Respondent and till enforcement of the award that may be ultimately passed in the arbitration proceeding and a copy of the attachment order be transmitted through the Additional District Court, Baramati, Maharashtra 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:

Counsel for applicant submits that he has instructions from the applicant to withdraw instant application and has made a suitable endorsement in the case file.

2. Endorsement is reiterated in the hearing.

3. In the light of endorsement and reiteration of the same, instant application is dismissed as withdrawn.

Sd/.M.S.J.

31.01.2020 //Certified to be a true copy// Dated this the day of 2020.

SU/28.02.2020 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/