Cholamandalam Investment And Finance Co Ltd v. Challa Raghupathi Reddy

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 13-11-2025

CORAM

THE HONOURABLE MR JUSTICE N. ANAND VENKATESH M/s Cholamandalam Investment and Finance Company Limited Chola Crest, C 54 and 55, Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai 600 032 rep by its Authorised Signatory Applicant(s) Vs M/s Challa Raghupathi Reddy Prop. Mr.Challa Raghupathi Reddy, S/o.Mullareddy, 5th Floor, 3-11-14/2/501 Sai Nivas Enclave, Gokhale Nagar, Raman Near Main Road, Ramanthapur, Hyderabad, Telangana 500 013.

Respondent(s) PRAYER To appoint employee of the Applicant viz Mr.GAYAM PARVATA REDDY, Regional Legal Manager, as Receiver to seize and take possession of the vehicle which is morefully described in the schedule to the Judges Summons which is

lying in the custody of respondent or respondent's men, agents, servants from respondent premises or wherever found with Police aid and break open of premises if necessary.

For Applicant(s):

Mr.D.Pradeep Kumar

ORDER

This application has been filed under Section 9 of the Arbitration and Conciliation Act, 1996 for appointment of a Receiver to seize the subject construction equipment in the custody of the respondent or wherever found, if necessary, with police protection and by breaking open the premises and deliver the same to the applicant.

2. When the application came up for hearing on 16.10.2025, this Court, on carefully going through the averments made in the affidavit filed in support of the application, thought it fit to order notice to the respondent to ascertain as to whether the respondent will be willing to settle the dispute.

3. When the matter was taken up for hearing today, affidavit of service has been filed and it is seen that the private notice sent to the respondent has been returned with an endorsement "no such person". It is clear from the above that the respondent is evading service, since the notice that was sent to the address found in the agreement, has been returned. The whereabouts of the construction equipment is also not known. Hence the apprehension of the applicant that the respondent is attempting to secret the construction equipment

is prima facie established.

4. In view of the above, Mr.Gayam Parvata Reddy, Regional Legal Manager is appointed as Receiver for seizing the subject construction equipment from the respondent or wherever it is found and by breaking open the premises, if required, with police aid.

5. This application is disposed of in the above terms. 13-11-2025 Index:Yes/No Speaking/Non-speaking order Internet:Yes ss To 1.Challa Raghupathi Reddy Prop.Mr.Challa Raghupathi Reddy, S/o.Mullareddy, 5th Floor, 3-11-14/2/501 Sai Nivas Enclave, Gokhale Nagar, Raman Near Main Road, Ramanthapur, Hyderabad, Telangana 500 013.

N.ANAND VENKATESH J.

ss Arb Appln No. 1361 of 13-11-2025