← Library
Madras High CourtA/9631/2018withdrawn dismissed

M/S.Kotak Mahindra Bank Limited v. Kvs Nursery And Primary School

2020-06-05Honourable Mr Justice N. Sathish Kumar3 pages

/ 1 /

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) FRIDAY, THE 05TH DAY OF JUNE 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR A. No.9631 of 2018 A.No.2158 of 2018:

In the matter of Arbitration & Conciliation Act, 1996 And In the matter of dispute between the applicant and the Respondents in respect of Loan Agreement No.LCV 436237 dated on 08.06.2016 M/s. Kotak Mahindra Bank Limited, Rep.by its Authorised Signatory/ Senior Manager-Legal Mr.S.Karthikeyan, 8th Floor, TVH, Agnitio Park, Zone 2, No.141,Old Mahabalipuram Road Kandanchavadi, Chennai 600 096 ... Applicant -Versus1. Kvs Nursery and Primary School No.10a, Maligai Street Pallikonda Village, Anaicut Ta Vellore 635809 Tamil Nadu India.

2. Sri Vijay Velusamy E and C Trust Registrar Office Street Savadi, Pallikonda Vellore 635809, Tamil Nadu India

/ 2 /

3. Vijayavelusamy K, No.31/62, Yathava Street, Anicut Taluk, Pallikonda RF Vellore 635809, Tamil Nadu India ... Respondents A. No.9631 of 2018 In the matter of Arbitration & Conciliation Act, 1996 And In the matter of dispute between the applicant and the Respondents in respect of Loan Agreement No.LCV 436237 dated on 08.06.2016 M/s. Kotak Mahindra Bank Limited, Rep.by its Authorised Signatory/ Deputy Manager-Legal Mr.Senthi.J 8th Floor, TVH, Agnitio Park, Zone 2, No.141,Old Mahabalipuram Road Kandanchavadi, Chennai 600 096 ... Applicant -Versus1. Kvs Nursery and Primary School No.10a, Maligai Street Pallikonda Village, Anaicut Ta Vellore 635809 Tamil Nadu India.

2. Sri Vijay Velusamy E and C Trust Registrar Office Street Savadi, Pallikonda Vellore 635809 Tamil Nadu India

3. Vijayavelusamy K, No.31/62, Yathava Street, Anicut Taluk, Pallikonda RF Vellore 635809, Tamil Nadu India ... Respondents

/ 3 / Application praying that this Hon'ble Court be pleased to direct the respondents to surrender the hypothecated vehicle Commercial Vehicle - LCV-VOLVO-EICHER-CE_VE 10.75 Fully built passenger with Registration No. TN 23 CZ 9961 bearing Engine No. M13CDGE088894 and Chassis No. MGZA5EMB(C) CE 344939 on or before any date as to be stipulated by this Hon'ble Court.

This Application coming on this day before this court for hearing, the court made the following order:

The learned counsel appearing for the applicant seeks to withdraw this application and also sent a communication through email to that effect.

2. In view of the submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.

Sd/.N.S.K.J.

05.06.2020 //Certified to be a true copy// Dated this the day of 2020. SU/24.09.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.