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Madras High CourtArb Appln/1567/2025disposed of

Tata Capital Limited Rep By Its Authorised Representative Power Agent Mr Manoj v. Horizon Ventures Representative By Their Partners

2026-02-02Honourable Mr Justice N. Anand Venkatesh4 pages

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 02-02-2026

CORAM

THE HONOURABLE MR JUSTICE N. ANAND VENKATESH Tata Capital Limited Rep by its Authorised Representative Registered Office at 11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013.

Applicant(s) Vs

1. Horizon Ventures Representative by their Partners 3rd, Devasandra New Bel Road, Bangalore 560 094.

2.Horizon Mining Representative by their partners 1st Floor 04, Anagha, New Bel Road, Onn bikes rental hub, Devasandra New Bel Road, Bangalore 560094 3.Dhanaraj Bharathi Narasimha 4.Ethin Raj Respondent(s) PRAYER Petition filed under Section 9 of the Arbitration and Conciliation Act, 1996, praying to appoint a receiver to seize and sell the equipments namely Signa 4830 TK 29-TCS and Signa 4830 TK 29-TCS which is located at Chitradurga/Raichur Karnataka.

2/4 For Applicant(s):

Ms.Abitha Banu

ORDER

This application has been filed under Section 9 of the Arbitration and Conciliation Act, 1996, [for brevity 'the Act'] for appointment of a receiver to seize and sell the equipments namely Signa 4830 TK 29-TCS and Signa 4830 TK 29-TCS which is located at Chitradurga/Raichur Karnataka. 2.

Heard Ms.Abitha Banu, learned counsel for applicant and carefully perused the materials available on record.

3.

When the matter came up for hearing on 26.11.2025, this Court ordered notice to the respondents.

4.

The private notice sent to the respondents has been served and the affidavit of service has also been filed. There is no representation for the respondents either in person or through counsel. Hence, the apprehension raised on the side of the applicant that the respondents is trying to secret the equipment is prima facie established.

5.

In view of the above, Mr.Udaykumar Lamani, Area Collection Manager, is appointed as the Court receiver and the Court receiver is permitted

3/4 to seize the equipments from the respondents or wherever it is found and by breaking open the premises, if required with police assistance.

6. This application stands disposed of in the above terms. 02-02-2026 Index:Yes/No Speaking/Non-speaking order Internet:Yes ssr

4/4 N.ANAND VENKATESH J.

ssr 02-02-2026