Cholamandalam Investment And Finance Co., Ltd v. Akash Balasaieb S/O.Balasaieb Vyavahare

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 4/8/2020 C O R A M THE HON'BLE MR.JUSTICE N.SATHISH KUMAR Application No.10227 of 2018 Cholamandalam Investment and Finance Company Limited rep. By its Authorised Signatory Date House, No.2 NSC Bose Road Parrys Chennai 600 001.

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Applicant Vs Akash Balasaieb ...

Respondent Application filed under XIV Rule 8 of Original Side Rules, 1956 r/w. Section 9 (ii) (b) of the Arbitration and Conciliation Act, 1996. For applicant ...

Mr.D.Pradeep Kumar - - - - - -

O R D E R

This application has been filed to direct the respondents to furnish security to the tune of Rs.6,18,453.45, failing which to order attachment of the immovable properties morefully described in the

Schedule to the Judges Summons pending initiation and disposal of arbitration proceedings between the applicant and the respondent and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the District Court, Pune, Maharashtra and the attachment order may be hand delivered to the applicant for transmission.

2. Today, when the matter is taken up for hearing, Mr.D.Pradeep Kumar, learned counsel appearing for the applicant submitted that vehicle has already been seized and award is also passed.

3. In such a view of the matter, instant Application is closed. It is open for the applicant to enforce the award as per law. 4/8/2020 mvs.

N.SATHISH KUMAR,J mvs.

Application No.10227 of 2018 4/8/2020