Cholamandalam Investment And Finance Co Ltd v. SHEETAL DAS MANIKPURI
Arb Appln/519/2026 · 2026-06-24
K Kumaresh Babu
Transfer Petitionbody2026
DailyLaw.ai
[ 2026 DAILYLAW 40916 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 40916 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Arb Appln No. 519 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 24-06-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb Appln No. 519 of 2026 M/s.Cholamandalam Investment and Finance Company Ltd., Chola Crest, C54-55 & Super B – 4, Thiru-vi-ka Industrial Estate, Guindy, Chennai – 600 032. ..Petitioner(s) Vs Sheetal Das Manikpuri ..Respondent(s) This application filed to direct the Respondent to furnish security for the sum of Rs.5,07,277/- within a time fixed by this Court failing which to order attachment of the immovable properties morefully described in the Schedule to the Judges Summons till enforcement of the award passed in the arbitration proceedings and a copy of the attachment order be transmitted through the Principal District Court, Coimbatore and the attachment order may be hand delivered to the Applicant for transmission. For Petitioner(s): Mr.D.Pradeep Kumar For Respondent(s): No appearance O R D E R The instant application has been filed for directing the the Respondent to furnish security for the sum of Rs.3,01,120/- within a time fixed by this Honble Court failing which to order attachment of the immovable properties morefully https://www.mhc.tn.gov.in/judis
Arb Appln No. 519 of 2026 __________ Page2 of 3 described in the Schedule to the Judges Summons till enforcement of the award passed in the arbitration proceedings and a copy of the attachment order be transmitted through the District Judge, Civil Court, Bilaspur, Chhattisgarh and the attachment order may be hand delivered to the Applicant for transmission. 2. By order dated 10.03.2026, this Court had directed the respondent to furnish the security while ordering notice to the respondent. The notice sent to the respondent is awaited. However, the private notice had been served on the respondent, and the name of the respondent had 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 he was called absent and set exparte. As the respondent had failed to respond by furnishing security and place any reasons as to why he is not bound to furnish the security, there shall be an order of attachment as prayed for. 3. Registry is directed to communicate the order to concerned Sub- Registrar Office through the Principal District Court, Coimbatore.
24-06-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No Maya https://www.mhc.tn.gov.in/judis
Arb Appln No. 519 of 2026 __________ Page3 of 3 K.KUMARESH BABU, J. Maya Arb Appln No. 519 of 2026 Dated : 24-06-2026 https://www.mhc.tn.gov.in/judis