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2025 DAILYLAW 30143 (MAD)

HDB Financial Services Limited v. KSK Infratech Rep by its Proprietor

Arb Appln/370/2025 · 2025-04-29

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb.Appln.No.370 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 29-04-2025 CORAM THE HONOURABLE MR JUSTICE ABDUL QUDDHOSE Arb Appln No. 370 of 2025 M/. HDB Financial Services Limited, Having one of its branch office at 4th floor, Loyal Towers, No.68/2, Greams Road, Chennai - 600 006, Rep. by its Authorised Signatory ..Applicant Vs 1. KSK Infratech, rep. by its Proprietor, No. 145, 5th Cross winfield garden, Srirampura Village Yelahanaka Hobli Bangalore, North bangalore - 560 064 Karnataka. 2. Smitha S Kumar, No.55, 2nd Floor, 5th Cross Central, Exercise Layout, Bangalore - 560 077 Karnataka 3. Kumar K.S., No.55, 2nd Floor, 5th Cross Central, Exercise Layout, Bangalore - 560 077 Karnataka ..Respondents For Applicant: Mr.M.Arunachalam Ms.G.Sampath Rekha,Advocate Commissioner 1 https://www.mhc.tn.gov.in/judis Arb.Appln.No.370 of 2025 O R D E R This Court, by its earlier order dated 02.04.2025, had made it clear that if the vehicle/asset is not repossessed by the Advocate Commissioner on or before the next hearing date, this application shall stand automatically closed by granting liberty to the applicant to file a fresh application seeking appointment of an Advocate Commissioner once the vehicle/asset is located. 2. Till date, the vehicle/asset is not located. Therefore, as per the order dated 02.04.2025 passed by this Court, this Application is closed. However, liberty is granted to the applicant to file a fresh application seeking for appointment of an Advocate Commissioner to repossess the vehicle/asset as and when the same is located. While considering the fresh application, this Court shall consider retaining the very same Advocate Commissioner appointed in this application since the applicant has already paid the initial remuneration to the said Advocate Commissioner. 29.04.2025 vsi 2 https://www.mhc.tn.gov.in/judis Arb.Appln.No.370 of 2025 ABDUL QUDDHOSE,J. vsi Arb.Appln.No.370 of 2025 29.04.2025 3 https://www.mhc.tn.gov.in/judis