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2025 DAILYLAW 17009 (MAD)

AXIS BANK LTD v. Mr.Bisagoni Prabhakar

Arb Appln/134/2025 · 2025-01-27

P B Balaji

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb. Appln. No.134 of 2025 THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 10.03.2025 CORAM: THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE Arb. Appln. No.134 of 2025 Axis Bank Ltd., Rep. by its Authorised Signatory Selvaraj Applicant Vs Bisagoni Prabhakar Respondent For Applicant : Ms.RA. Sivadhara Adiyaman - - - - - This application has been filed seeking for appointment of the applicant's own employee as Receiver to repossess the vehicle, which is the subject matter of this application. 2. In fact, a Receiver was appointed by this Court earlier in this application. However, till today, the vehicle could not be repossessed, since the same could not be located. Since this Court is not inclined to entertain an application seeking for appointment of the applicant's own employee as Receiver to repossess the vehicle due to the fact that he is not a neutral person, this application is closed. However liberty is given 1/3 https://www.mhc.tn.gov.in/judis Arb. Appln. No.134 of 2025 to the applicant to file a fresh application seeking for appointment of an Advocate Commissioner to repossess the vehicle instead of a Receiver, who is an employee of the applicant. 10.03.2025 vsi2 2/3 https://www.mhc.tn.gov.in/judis Arb. Appln. No.134 of 2025 ABDUL QUDDHOSE, J. vsi2 Arb. Appln. No.134 of 2025 10.03.2025 3/3 https://www.mhc.tn.gov.in/judis