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2025 DAILYLAW 67827 (MAD)

Cholamandalam Investment And Finance Co Ltd v. Santhanakaruppan A

Arb Appln/755/2025 · 2025-06-18

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arbitration Application No. 755 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 18.06.2025 CORAM THE HONOURABLE Mr. JUSTICE ABDUL QUDDHOSE Arbitration Application No. 755 of 2025 and Application No. 3730 of 2017 M/s.Cholamandalam Investment and Finance Company Limited, 'Dare House', No.2, N.S.C. Bose Road, Parrys, Chennai-600001 Represented by its Authorised Signatory … Applicant Vs. 1. Santhanakaruppan A 2. Annalakshmi S … Respondents PRAYER: Arbitration Application filed under Order XIV Rule 8 Original Side Rules read with Section 9(1)(ii)(b) & (e) of the Arbitration and Conciliation Act, 1996, praying to raise the order of attachment dated 12.10.2017 made in Application No.3730 of 2017 attaching the immovable property morefully described in the schedule to the judges summons and a copy of the order raising attachment be transmitted through the District Court, Madurai and communicated to SRO Madurai (South) Joint IV. For Applicant : Mr.D.Pradeep Kumar https://www.mhc.tn.gov.in/judis Arbitration Application No. 755 of 2025 O R D E R This application has been filed seeking to raise the order of attachment passed on 12.10.2017 by this Court in Application No.3730 of 2017. 2. Since the claim of the applicant has been settled by the respondents, the applicant seeks for raising the order of attachment. Since the claim of the applicant has been settled by the respondents, the prayer sought for in this application has to be granted. 3. Accordingly, this application is allowed as prayed for by raising the order of attachment dated 12.10.2017 passed in Application No. 3730 of 2017. 4. The applicant is permitted to communicate this order to the concerned Statutory Authorities including the SRO, Madurai (South) Joint IV to implement this order in their respective records. 18.06.2025 Index: Yes/ No Speaking order / Non speaking order Neutral citation : Yes / No Maya https://www.mhc.tn.gov.in/judis Arbitration Application No. 755 of 2025 ABDUL QUDDHOSE, J. Maya Arbitration Application No. 755 of 2025 Dated : 18.06.2025 https://www.mhc.tn.gov.in/judis