TATA CAPITAL LIMITED v. SIVA INDUSTRIES AND HOLDINGS LIMITED
A/5203/2025 · 2025-10-25
N Anand Venkatesh
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 191789 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 191789 (MAD) · dailylaw.ai ]
Judgment text
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Application No.5203 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 25.10.2025 CORAM THE HONOURABLE Mr. JUSTICE N. ANAND VENKATESH Application No.5203 of 2025 in EP.DR.No.133698 of 2025 Tata Capital Limited (Transferee of Tata Capital Financial Services Limited Pursuant to an approved Scheme of Arrangement by NCLT) Represented herein by its Power of Attorney Holder I Floor Centennial Square 6A, Dr.Ambedkar Salai, Kodambakkam Chennai – 600 024. .... Applicant Vs 1.Siva Industries and Holdings Limited CIN : U01134TN1994PLC026861 Having Registered Office at
“Mena Kampala Arcade”, III Floor A Block, B Wing, 113-114 Sir Theyagaraya Road T.Nagar, Chennai – 600 017. 2.HDFC Bank Limited HDFC Bank House Senapati Bapat Marg Lower Parel W Mumbai – 400 013 Maharashtra Having its Branch Office at : No.56, I Floor, Gopathi Narayanaswami Chetty Road 1/6 https://www.mhc.tn.gov.in/judis
Application No.5203 of 2025 T.Nagar, Chennai, Tamil Nadu – 600 017. Also Having its Branch Office at : ITC Centre Branch Anna Salai, Chennai – 600 002 Tamil Nadu. 3.IDBI Bank Limited IDBI Tower WTC Complex, Cuffe Parade Mumbai, Maharashtra – 400 005.
Having its Branch Office at K.T.Towers, Four Roads 111, Omalur Main Road Salem, Tamil Nadu – 636 007 Also at : Ground Floor, CG Elite Opposite Mandi Gate – Ram Mandir Road Ashok Vihar Colony, Pandri Raipur, Chhattisgarh – 492 001. 4.Andhra Bank (Merged with Union Bank of India vide Gazette Notification dated March 4, 2020) Union Bank Bhavan, 239, Vidhan Bhavan Marg Nariman Point, Mumbai – 400 021 Maharashtra. Having its Branch Office at : 33, Atlanta Building, Nariman Point Mumbai – 400 021. 5.Central Bank of India Chander Mukhi, Nariman Point Mumbai – 400 021. Having its Branch Office at Kasturi Building, Opp. Petroleum House J Greater 2/6 https://www.mhc.tn.gov.in/judis
Application No.5203 of 2025 Jamshedji Tata Road, Mumbai Maharashtra – 400 020. 6.DBS Bank GF Nos.11 & 12 & FF Nos.110 to 115 Capital Point BKS Marg, Connaught Place New Delhi -110 001. Having its Branch Office at : LIC Building, 806, Anna Salai Chennai, Tamil Nadu – 600 002. 7.Standard Chartered Bank Crescenzo Parini, 3A Floor C-38 – 39, G Block Bandra Kurla Complex Bandra (East) Mumbai – 400 051. Having its Branch Office at : 19, Rajaji Salai, Fort St.George 90/91, Rajaji Salai Road George Town Chennai, Tamil Nadu – 600 001. 8.State Bank of Hyderabad (Merged with State Bank of India vide Acquisition of State Bank of Hyderabad
Order, 2017) State Bank Bhavan Corporate Centre, Madame Cama Road Mumbai – 400 021 Maharashtra. Having its Branch Office at : 594, Anna Salai Teynampet, Chennai Tamil Nadu – 600 018. 9.State Bank of India 3/6 https://www.mhc.tn.gov.in/judis
Application No.5203 of 2025 State Bank Bhavan Corporate Centre, Madame Cama Road Mumbai – 400 021 Maharashtra. Having its Branch Office at : Sigapi Achi Building, III Floor 18/3, Rukmani Lakshmipathi Road Egmore, Chennai, Tamil Nadu – 600 008. 10.Union Bank of India Union Bank Bhavan, 239, Vidhan Bhavan Marg Nariman Point, Mumbai – 400 021. Maharashtra, India. Having its Branch Office at : 5th Floor, Devchand House Shivsagar Estate, Dr.Annie Besant Road Mumbai – 400 018. ..... Respondents Prayer : Application filed under Order XXI Rule 21 of CPC, 1908 read with Section 151 of the Code of Civil Procedure, 1908, praying to grant leave to the Applicant under Order XXI Rule 21 of Code of Civil Procedure 1908, to maintain and proceed with the present Execution Petition along with the pendency of Execution Petition No.46 of 2024 and E.P.SR.No.11540 of 2024, for execution of the Arbitral Award dated 30th May 2023, as corrected by order dated 7th July 2023. For Applicant : Mr.Karthik Sundaram For Respondents : Mr.C.Mohan & Ms.A.Roxy Josephine Mary of M/s.King & Partridge for R2
4/6 https://www.mhc.tn.gov.in/judis
Application No.5203 of 2025
ORDER
Heard Mr.Karthik Sundaram, learned counsel appearing for the petitioner and Mr.C.Mohan & Ms.A.Roxy Josephine Mary of M/s.King & Partridge for the second respondent.
2. This Court is satisfied with the reasons given in the affidavit filed in support of this application. Hence, leave is granted as sought for.
3. Accordingly, this application is ordered. Registry is directed to number the execution petition, if the papers are otherwise in order and post this execution petition for hearing along with the connected E.P.No.46 of 2024 and E.P.SR.No.11540 of 2024 in the usual course. 25-10-2025 ds 5/6 https://www.mhc.tn.gov.in/judis
Application No.5203 of 2025 N. ANAND VENKATESH.,
J ds Application No.5203 of 2025 in EP.DR.No.133698 of 2025 25.10.2025 6/6 https://www.mhc.tn.gov.in/judis