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2026 DAILYLAW 48151 (MAD)

CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD v. ALI AHMAD

Arb Appln/554/2026 · 2026-07-09

K Kumaresh Babu

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb Appln No. 554 of 2026 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 09-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb Appln No. 554 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. ..Applicant(s) Vs Mr.Ali Ahmad ..Respondent(s) Judge’s Summons under Order XIV Rule 8 of Original Side Rules read with Section 9 (1)(ii)(c) & (e) of the Arbitration and Conciliation Act, 1996, to grant an order appointing as receiver of Mr.Vikram Singh currently designated as Assistant Receivable Manager of M/s.Cholamandalam Investment and finance company Limited having his office at Chola crest, C54-55 super B-4,Thiru-vi-ka Industrial Estate, Guindy, Chennai-600 032, to visit the respondents premises, other areas which is occupied by the Respondent protection to break open if necessary, and to seize and take custody of the vehicle hypothecated with applicant being Model – LPT 3118 TC EX, Chassis No.-MAT466429GHC04771, Engine no.-C1C84292093 and bearing Registration No.-UP72T9837, with all accessories fitted to the asset specifically described in the schedule to the Judge’s Summons and hand them over to the applicant pending final adjudication of the disputes between parties through arbitration. https://www.mhc.tn.gov.in/judis Arb Appln No. 554 of 2026 __________ Page2 of 2 K.KUMARESH BABU, J. For Petitioner(s): Mr. T Gowri Shankar For Mr.M/s.San Law Partners LLP For Respondent(s): No appearance ORDER When the matter is taken up for hearing, the learned counsel for the applicant would seek permission of this Court to withdraw this Arbitration Application. He has also made an endorsement to that effect. 2. Recording the submissions and endorsement made by the learned counsel for the applicant, this Arbitration Application stands dismissed as withdrawn. However, there shall be no order as to costs. 09-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No kak Arb Appln No. 554 of 2026 https://www.mhc.tn.gov.in/judis