M/S.Indusind Bank Ltd. v. M/S.Karismaa Foundations Private Limited And Another
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION) MONDAY, THE 09TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.8177 of 2018 In the matter of Arbitration & Conciliation Act, 1996 and In the matter of disputes between IndusInd Bank Ltd., and M/s.Karismaa Foundations Private Limited & Another arising under loan Agreement No.TCC01799E dated 29.11.2017 M/s.IndusInd Bank Ltd., rep. by its Chief Manager - Legal, Mr.A.Ganesh Kumar, at No.116, G.N.Chetty Road, T.Nagar, Chennai-600 017.
... Applicant -Versus1. M/s.Karismaa Foundations Private Limited,
2. Mrs.Roshini R Sheth, 1 & 2 are at No.340, First South Main Road, Kapaleeswarar Nagar, Neelankari, Chennai-600 115.
... Respondents Application praying that this Hon'ble Court be pleased 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, https://hcservices.ecourts.gov.in/hcservices/ agents, servants or anyone claiming under them from their premises at
/ 2 / No.340, First South Main Road, Kapaleeswarar Nagar, Neelankari, Chennai-600 115 or at any other place where the scheduled assets is 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.
This Application coming on this day before this court for hearing the court made the following order:
Learned counsel appearing for the applicant seeks permission to withdraw the application and makes an endorsement to this effect.
2. In view of the same, this application stands dismissed as withdrawn.
Sd/.N.S.K.J.
09.03.2020 //Certified to be a true copy// Dated this the day of 2020.
SU/19.06.2020 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/