M/S.Cholamandalam Investment And Finance Company Limited v. Mr.Chakrdhar Pralhad Bhambhurkar And Another

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 24.07.2020

CORAM:

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR Application No. 9239 of 2019 M/s.Cholamandalam Investment and Finance Company Limited, 'Dare House', No.2, N.S.C.Bose Road, Parrys, Chennai-600 001 rep. by its Authorised Signatory ... Applicant Vs.

1. Mr.Chakrdhar Pralhad Bhambhurkar, S/o. Pralhad Punjaji Bhambhurkar, Vinigao, Anjangaon, Surji, Amravati, Maharashtra-444 705.

2. Mr.Praful Pralhad Bhambhurkar, S/o. Pralhad Punjaji Bhambhurkar, Vinigao, Anjangaon, Surji, Amravati, Maharashtra-444 705.

... Respondents PRAYER: Application filed under Order XIV Rule 8 of O.S.Rules r/w Sec.9(ii)(b) of the Arbitration and Conciliation Act, 1996, praying to direct the respondents to furnish security for the sum of Rs.4,91,544.98 within a time fixed by this Hon'ble 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 1/3

attachment order be transmitted through the District and Session Judge, Amravati, Maharashtra and the attachment order may be hand delivered to the applicant for transmission.

For Applicant :

Mr.D.Pradeep Kumar For Respondent :

No appearance

O R D E R

The learned counsel appearing for the applicant seeks to withdraw this application and he has sent an endorsement through e-mail to that effect.

2. In view of the submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.

24.07.2020 rpp 2/3

N. SATHISH KUMAR, J.

rpp 24.07.2020 3/3