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Madras High CourtA/9282/2018closed

Cholamandalam Investment And Finance Co., Ltd v. Pooja Traders The Proprietor Friends Self Services

2019-03-22Honourable Mr Justice R. Suresh Kumar2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY THE 22ND DAY OF MARCH 2019 THE HON'BLE MR. JUSTICE R.SURESH KUMAR A. No.9282 of 2018 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Disputes between M/s.Cholamandalam Investment and Finance Company Ltd., and Mr.Pooja Traders, Mr.Sarath K Sasi arising under Loan Agreement No.XVFPPAA00001612479 dated 29.02.2016 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.

M/s.Pooja Traders, Mr.Sarath K.Sasi The Proprietor, Friends Self Service No.666, 152, Kochuvalamuku, Maniyamkunnu Road, Poonjar, Thekkekara, Meenachil, Kerala 688582 :Respondent Application praying that this Hon'ble Court be pleased to appoint employee of the Applicant viz. Mr.Ajayan KN, Legal Executive 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 his men, agents servants from his premises or wherever found with Police aid and break open of premises if necessary.

https://hcservices.ecourts.gov.in/hcservices/ This application coming on this day before this court for hearing and the court made the following order:

This Court by order dated 04.12.2018, has appointed the company receiver to seize the vehicle in question. Pursuant to the order passed by this Court, the vehicle has been seized and handed over to the applicant company.

2. This factor has also been acknowledged by the learned counsel for the applicant.

3. In view of the fact that the task having been given to the receiver since has been completed, no further orders are required to be passed in this application.

4. Accordingly, this application is closed.

Sd./- R.S.K.J.

22.03.2019 //Certified to be true copy// Dated at Madras this the day of 2019.

TE/16/05/2019 COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.

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