A SATHYA v. M/s Sundaram Finance Limited Rep by its Senior Manager Legal
Arb Appln/627/2025 · 2025-04-23
Abdul Quddhose
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 51164 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 51164 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Arb. Appln. No.627 of 2025 THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 23.04.2025 CORAM:
THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE Arb. Appln. No.627 of 2025 A. Sathya .. Applicant vs. M/s.Sundaram Finance Ltd. .. Respondent For Applicant : Ms. S.M. Varshini For Respondent : Mr.D. Pradeep Kumar - - - - - The learned counsel for the respondent in this application has stated no objection for allowing this application, since the claim of the respondent has been settled by the applicant.
2. This application has been filed seeking to raise the order of attachment, dated 17.10.2018 passed in I.A. No.11 of 2018 in Arbitration Case No.VKT/SF/23/2018 on the file of the Arbitral Tribunal.
3. Since the claim of the respondent has already been settled by the applicant, necessarily this application has to be allowed as prayed for. Accordingly, this application is allowed as prayed for by raising the order of attachment, dated 17.10.2018 passed in I.A. No.11 of 2018 in Arbitration Case No.VKT/SF/23/2018 on the file of the Arbitral 1/3 https://www.mhc.tn.gov.in/judis
Arb. Appln. No.627 of 2025 Tribunal.
4. Registry is directed to intimate this order to the Sub Registrar Office, Senthamangalam, Namakkal for removing the encumbrance entry of attachment from their records pertaining to the property morefully described in the schedule to the Judges Summons. 23.04.2025 vsi2 ABDUL QUDDHOSE, J. 2/3 https://www.mhc.tn.gov.in/judis
Arb. Appln. No.627 of 2025 vsi2 Arb. Appln. No.627 of 2025 23.04.2025 3/3 https://www.mhc.tn.gov.in/judis