M/S.Indusind Bank Ltd, v. M/S.Karismaa Foundations Pvt.

/ 1 /

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 16/7/2020 C O R A M THE HON'BLE MR.JUSTICE N.SATHISH KUMAR A.Nos.7269 to 7273 of 2018 IndusInd Bank Ltd rep. By its Chief Manager - Legal Mr.A.Ganesh Kumar No.116 G.N.Chetty Road T. Nagar Chennai 600 017.

...

Applicant in all the applications Vs

1. Karismaa Foundations Private Limited 340 First South Main Road Kapaleeswarar Nagar Neelankaari Chennai 600 115.

2. Roshini R.Sheth 340 First South Main Road Kapaleeswarar Nagar Neelankaari Chennai 600 115.

...Respondents in all

the applications Applications filed under XIV Rule 8 of Original Side Rules, 1956 r/w. Section 9 (2) (a) (b) (e) of the Arbitration and Conciliation Act, 1996. For applicant ...

Mr.Prithvi Raj https://hcservices.ecourts.gov.in/hcservices/ - - - - - -

/ 2 / C O M M O N O R D E R Instant applications are filed to appoint an Advocate Commissioner with direction to seize the schedule mentioned asset which is lying under the custody of the respondents or their men, agents, servants or anyone claiming under them from their premises or at any other place where the scheduled assets are found, with Police aid and by breaking open locks if necessary and to take the same into his/her custody and sell the same at fair market price pending disposal of the arbitration proceedings.

2. Today, when the matters are taken up for hearing through Video Conferencing, Mr.Prithvi Raj (Enrolment No.3660/2017), representing Mr.Moorthy, for the applicant submitted that nothing survives for further adjudication and the same may be closed.

3. In view of the submission made by the learned counsel appearing for the applicant, these applications are closed. Sd/.N.S.K.J.

16.07.2020 //Certified to be a true copy// Dated this the day of 2020.

SU/08.09.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

https://hcservices.ecourts.gov.in/hcservices/