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2025 DAILYLAW 43965 (MAD)

Mahaveer Finance India Limited v. S Kannan

Arb Appln/530/2025 · 2025-06-02

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb. Appln. No.530 of 2025 THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 02.06.2025 CORAM: THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE Arb. Appln. No.530 of 2025 M/s.Mahaveer Finance India Ltd., Having office at T8-T9, III Floor, K.G. Plaza, No.41/44, G.P. Road, Chennai – 600 002. .. Applicant vs. 1. S. Kannan and 2 others ... Respondents For Applicant : Mr.M. Arunachalam For Respondents : Set Ex-parte - - - - - - The notice sent to the respondents have been duly served. The Affidavit of Service enclosing the acknowledgment cards have been filed. However, till date, the respondents have not entered appearance. Hence, the respondents are set ex-parte by this Court. The Advocate Commissioner appointed by this Court has also repossessed the asset / vehicle and handed over custody of the same to the applicant. A report to that effect has been filed by the Advocate Commissioner and the same 1/3 https://www.mhc.tn.gov.in/judis Arb. Appln. No.530 of 2025 is taken on record. The asset / vehicle was repossessed at Tirunelveli. The Advocate Commissioner seeks for payment of an additional remuneration. The Advocate Commissioner was initially paid a remuneration of Rs.25,000/-. This Court directs the applicant to pay an additional remuneration of Rs.20,000/- (Rupees twenty thousand only) to the Advocate Commissioner, within a period of two weeks from the date of receipt of a copy of this order. With the aforesaid directions, this application is closed. 02.06.2025 vsi2 2/3 https://www.mhc.tn.gov.in/judis Arb. Appln. No.530 of 2025 ABDUL QUDDHOSE, J. vsi2 Arb. Appln. No.530 of 2025 02.06.2025 3/3 https://www.mhc.tn.gov.in/judis