Cholamandalam Investment And Finance Co Ltd v. Sandeep Kumar S/O.Dharam Singh

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 30.07.2020

CORAM

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

Sandeep Kumar ... Respondent Application filed under Order XIV Rule 8 of O.S. Rules read with Section 9 (ii) (a)(b)(c)(d) & (e) of Arbitration & Conciliation Act, 1996, to appoint employee of the Applicant viz., Mr.Ashu, BRM (HARD) as Receiver to seize and take possession of the vehicle which is more fully described in the schedule to the Judges summons which is lying in the custody of respondent or respondent's men, agents, servants from respondent's premises or wherever found with police aid and break open of premises if necessary.

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For Applicant : Mr.N.Santhosh Nagarajan

O R D E R

This Court had appointed one Mr.Ashu as receiver to seize and take possession of the vehicle, which is morefully described in the schedule to the Judges Summons.

2.Today, when the matter was taken up for hearing through video conferencing, the learned counsel appearing for the applicant submitted that the vehicle could not be secured and sought for extension of time for execution of order by the receiver and submitted that further time of three weeks may be granted to repossess the vehicle. 3.Accordingly, time is extended finally for a period of three weeks from the date of receipt of a copy of this order, failing which, the order granting power to repossess the vehicle shall automatically stand cancelled. Page 2/4

With the above direction, this application is closed. 30.07.2020 mkn Internet : Yes Index : Yes/No Speaking order / Nonspeaking order Page 3/4

N. SATHISH KUMAR, J.

mkn 30.07.2020 Page 4/4