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Madras High CourtArb Appln/660/2023allowed

P Kamatchi And Another v. M/S.Cholamandalam Investment And Finance Company Ltd

2024-01-02Honourable Mr Justice C. Saravanan3 pages

and A.No.2348 of 2019 C.SARAVANAN,J.

Mr.N.Santhosh Nagarajan, learned counsel for the respondent appears through video conferencing and submits that the respondent has no objection for raising the order of attachment.

2. This application has been filed for raising the order of attachment dated 13.09.2019. The parties have settled the dispute between themselves. The applicant has filed a copy of the Settlement Letter dated 06.04.2023 of the respondent, wherein, it has been stated that they have no claim against the applicant. Relevant portion of the aforesaid letter dated 06.04.2023 reads as under: Dear Sir/Madam, We hereby acknowledge receipt of Rs.1,00,000/- (Rupees One Lakh only) paid cash vide receipt No.mentioned below towards full and final settlement of your dues under the said Agreement. Receipt No and Date Receipt Amount B10050654207 Date:06.01.2022 49900

Receipt No and Date Receipt Amount T53417575556 Date:01.04.2022 25000 T53417575617 Date:27.04.2022 20000 B10050654413 Date:13.05.2022 In view of the aforementioned settlement made by you, both of us do not have any claim against each other under the said agreement and shall withdraw the legal proceedings, if any pending against each other. Kindly acknowledge receipt of a copy of this letter confirming the above terms.

3. In view of the above order of attachment dated 13.09.2019 stands raised. Registry is directed to send a copy of this order to the Jurisdictional Sub Registrar Office, Kinathukadavu, Pollachi Taluk. 02.01.2024 jas C.SARAVANAN,J.

jas and A.No.2348 of 2019 02.01.2024