Madras High CourtA/9922/2018disposed of

M/S.Cholamandalam Investment And Finance Co Ltd., v. Sudhi V S/O.Balan

2019-03-14Honourable Mr Justice R. Suresh Kumar2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION) THURSDAY THE 14TH DAY OF MARCH 2019 THE HON'BLE MR. JUSTICE R.SURESH KUMAR A. No.9922 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.Sudhi V Arising under Loan Agreement No.XVFPTHL00001147893 Dated 26.02.2014.

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.

Mr.Sudhi V S/O.Balan Arunima Nivas, PO Nirmalgiri, Kuthuparamba, Ambilad, Thalassery, Kannur, Kerala- 670701 :Respondent Application praying that this Hon'ble Court be pleased to appoint employee of the Applicant viz. Mr.Devarajan C.,Sr.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 respondent's men, agents servants from respondent premises or wherever found with Police aid and break open of premises if necessary.

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

This Court by order, dated 19.12.2018 appointed the employee of the applicant, viz., Mr.Devarajan, C. Sr Legal Executive as Receiver to seize the vehicle in question and handed over to the applicant company. Accordingly, as submitted by the learned counsel appearing for the applicant, the vehicle in question has been seized by the Receiver and handed over to the applicant company. The learned counsel appearing for the applicant would further submit that, notice has been taken to the respondent privately, pursuant to the order of this Court, however the said notice could not be served, as the same has been returned "Insufficient Address"

2. The said submission made by the learned counsel appearing for the applicant is hereby recorded.

3. Since the warrant has been executed and the vehicle has been handed over to the applicant, no further order is required to be passed in this application. Accordingly, this application is closed.

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

14.03.2019 //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.

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