MS Kotak Mahindra Bank Limited v. Thiyagarajan Karthigeyan
Arb Appln/96/2026 · 2026-06-04
K Kumaresh Babu
Transfer Petitionbody2026
DailyLaw.ai
[ 2026 DAILYLAW 31210 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 31210 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Arb Appln No. 96 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 04-06-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb Appln No. 96 of 2026 M/s. Kotak Mahindra Bank Limited Rep. by its Authorised Signatory Mr. K. Gokulprasad, No. 141, TVH Agnitio Park, 8th Floor, Old Mahaballipuram Road, Kandanchavadi, Chennai-600 096. ..Petitioner(s) Vs
1. Thiyagarajan Karthigeyan
2. Karthikeyan
3. Santhoshkumar P ..Respondent(s) This application filed to pass an order directing the Respondents to furnish security for the total outstanding amount of Rs.15,61,600/- being the claim of the Applicant at present arising under the Loan Agreement No.CV5308784 dated 05/06/2024 against the Respondents, within such time as this Honble Court may stipulate and in case of default to order Attachment before Judgment of the Immovable Properties of the 2nd Respondent which is morefully described in the Schedule to the Judges Summons and the copy of the order to be sent to the Honble District Court, Vellore. For Petitioner(s): M/s.Meera Gnanasekar For Respondent(s): No appearance O R D E R By order dated 04.02.2026, this Court had directed the respondents to furnish the security while ordering notice to the respondents. The notices on the https://www.mhc.tn.gov.in/judis
Arb Appln No. 96 of 2026 __________ Page2 of 3 respondents have been served and the names have also been reflected in the cause-list. In spite of which, the respondent is neither present in the Court nor represented by an Advocate and they have been called absent and have been set exparte. As the respondents had failed to respond by furnishing security and placed for any reasons as to why the they are not bound to furnish the security, there shall be an order of attachment as prayed for.
2. Registry is directed to communicate the order to concerned Sub-Regrar Office through the District Court Vellore. 04-06-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No Maya https://www.mhc.tn.gov.in/judis
Arb Appln No. 96 of 2026 __________ Page3 of 3 K.KUMARESH BABU, J. Maya Arb Appln No. 96 of 2026 Dated : 04-06-2026 https://www.mhc.tn.gov.in/judis