Cholamandalam Investment And Finance Co Ltd v. Kolady Wirecut Bricks
Arb Appln/601/2024 · 2025-03-27
Abdul Quddhose
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 174304 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 174304 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Arb.Appln.No.601 of 2024 Arbitration Application No.601 of 2024 ABDUL QUDDHOSE, J. M/s.Cholamandalam Investment and Finance Co. Ltd., Chennai. .. Applicant Vs. M/s.Kolady Wirecut Bricks, Kerala.
.. Respondent Till date, the subject vehicle has not been repossessed by the Advocate Commissioner. On the last hearing date, i.e., 27.02.2025, this Court had made it clear that if the vehicle is not repossessed on or before the next hearing date, the application will stand automatically closed with liberty to the applicant to file a fresh application seeking for a similar relief.
2. Since the vehicle is yet to be repossessed, despite sufficient time having been given, in terms of the order dated 27.02.2025, this application stands automatically closed, however, liberty is granted to the applicant to file a fresh application seeking for a similar relief once the vehicle is located. As and when a fresh application is filed, this Court 1/3 https://www.mhc.tn.gov.in/judis
Arb.Appln.No.601 of 2024 shall consider retaining the very same Advocate Commissioner by giving due consideration to the fact that the applicant has already paid initial remuneration to the Advocate Commissioner. 27.03.2025 rkm 2/3 https://www.mhc.tn.gov.in/judis
Arb.Appln.No.601 of 2024 ABDUL QUDDHOSE, J. rkm Application No.601 of 2024 27.03.2025 3/3 https://www.mhc.tn.gov.in/judis