M/S.Tvs Credit Services Ltd v. Mr.Abdula

A.No.9178 of 2019

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 24.09.2020 CORAM :

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.9178 of 2019 M/s TVS Credit Services Limited Jayalakshmi Estates, New No.29, Old No.8, Haddows Road, Chennai 600 006, rep. by its authorised signatory ... Applicant vs.

Mr.Abdula ... Respondent Prayer: Application filed under Order XIV Rule 8 of Madras High Court Original Side Rules r/w Section 9(ii)(b) of the Arbitration and Conciliaton Act, 1996 to direct the respondent to furnish security for a sum of Rs.2,15,368/- within a time fixed by this court, failing which to pass an order of attachment of the immovable properties described in the schedule to the judges summons till enforcement of the Award and a copy of the attachment order be transmitted through the District Court, Tirunelveli, Tamil Nadu and the attachment order may be hand delivered to the applicant for transmission. For Applicant : Mr.D.Pradeep Kumar N.SATHISH KUMAR, J.

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A.No.9178 of 2019 mst

O R D E R

When the matter is taken up today, the learned counsel appearing for the applicant submitted that arbitration award has already been passed.

2. Such view of the matter, this court is not inclined to pass any interim order and it is for the applicant to work out its remedy before the appropriate forum and enforce the award as per law. 24.09.2020 mst A.No.9178 of 2019 http://www.judis.nic.in