M/S.Cholamandalam Investment And Finance Co. Ltd. v. M/S.Baroda Road Tankers And Another

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 21.09.2020 CORAM :

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR Application No.8732 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 versus 1.M/s.Baroda Road Tankers, Prop. Vinodbhai Chimanlal Patni, 34-C, Dhanlaxmi Society - 2, Karelibag, Vadodara, Gujarat - 390 018.

2.Parulben Vinodbhai Patni ...

Respondents Prayer: Application filed under Order XIV Rule 8 of Original Side Rules read with Section 9(ii)(b) of the Arbitration and Conciliation Act, 1996, to direct the respondents to furnish security for the sum of Rs.14,96,503/- within a time fixed by this Court, failing which to order attachment of the immovable properties morefully described in the Schedule to the Judges Summons pending initiation and disposal of arbitration proceedings between the applicant and the respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the District Court, Vadodara, Gujarat and the attachment order may be hand delivered to the applicant for transmission. For Applicant : Mr.D.Pradeep Kumar For Respondents : Mr.M.Kamalanathan 1/3

O R D E R

This application is listed today under the caption "for reporting settlement".

2. It is submitted by the learned counsel appearing on behalf of the applicant through video conferencing that the amount has been settled and the account is closed.

3. In such view of the matter, no orders is required to be passed in this application and hence, the same stands closed. 21.09.2020 sri 2/3

N.SATHISH KUMAR, J.

sri Application No.8732 of 2019 21.09.2020 3/3