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2025 DAILYLAW 42140 (MAD)

Cholamandalam Investment And Finance Co Ltd v. Rajarathinam M

Arb Appln/515/2025 · 2025-07-16

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 16.07.2025 CORAM THE HONOURABLE MR JUSTICE ABDUL QUDDHOSE Arb.Appln. No.515 of 2025 M/s.Cholamandalam Investment and Finance Co.Ltd., ... Applicant vs 1. Rajarathinam M. 2. Madhammal M. .. Respondents ORDER Notices sent to the respondents have been duly served. Affidavit of service enclosing acknowledgement card have been filed by the learned counsel for the applicant. Names of the respondents are also printed in the cause list today. No one has entered appearance on behalf of respondents. Hence respondents are set exparte by this Court. 2. This Court in this application by order dated 11.06.2025 directed the respondents to furnish security to the extent of the claim amount of Rs.3,54,010.20 on or before the next hearing date, failing which, it was made clear that this Court will pass consequential order of attachment as prayed for in this 1/2 https://www.mhc.tn.gov.in/judis ABDUL QUDDHOSE, J. dpq application. Till date the respondents have not furnished security as directed by this Court by order dated 11.06.2025. Therefore, consequential order of attachment as prayed for in this application has to be passed. 3. Accordingly, this Court orders attachment of the properties owned by the respondents morefully described in the Schedule to the Judges Summons and this application is allowed as prayed for. The applicant is permitted to communicate this order to the concerned Sub Registrar Office and the statutory authorities to register the encumbrance in their respective records. 16.07.2025 dpq Arb.Appln. No.515 of 2025 2/2 https://www.mhc.tn.gov.in/judis