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2026 DAILYLAW 58044 (MAD)

N.Kaliyaperumal v. Sundaram Finance Limited

Arb Appln/1477/2026 · 2026-07-29

K Kumaresh Babu

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb Appln No. 1477 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 29-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb Appln No. 1477 of 2026 in A.No.1178 of 2016 N.Kaliyaperumal ..Applicant Vs Sundaram Finance Limited Rep.by its Senior Manager (legal) Mr.G.S.Narayanakrishnan, 21, Patullos Road, Chennai 600 002 ..Respondent(s) Judge’s Summon filed under Order XIV Rule 8 of O.S. Rules read with Section 9(1)(ii)(b) & (e) of the Arbitration and Conciliation Act, 1996, praying to raise the order of attachment dated 07/06/2016 made in A.No.1178 of 2016 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, Villupuram, and communicated to SRO Valavanur. For Petitioner(s): For Respondent(s): Ms.Jeevitha J Mr.E.Tamizharasan For M/s.T.Srinivasaragavan and Associates ORDER This Arbitration Application has been filed to raise the order of attachment dated 07/06/2016 made in A.No.1178 of 2016 attaching the immovable property morefully described in the schedule to the Judges summons https://www.mhc.tn.gov.in/judis Arb Appln No. 1477 of 2026 __________ Page2 of 3 and a copy of the order raising attachment be transmitted through the District Court, Villupuram, and communicated to SRO Valavanur. 2. Heard both sides. 3. The order of attachment has been passed by this Court on 07.06.2016 Thereafter, the lis between the parties had got settled. This is a categorical averment made in the affidavit filed in support of the application and therefore, the applicant at whose instance, the order of attachment was passed, had now filed the present application to raise the order of attachment. 4. In view of the said settlement, this Court finds no impediment in ordering this application as prayed for and the order of attachment made on 07.06.2016 stands raised. 5. In fine, this application stands ordered. No costs. 29-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No kak https://www.mhc.tn.gov.in/judis Arb Appln No. 1477 of 2026 __________ Page3 of 3 K.KUMARESH BABU, J. kak Arb Appln No. 1477 of 2026 29-07-2026 https://www.mhc.tn.gov.in/judis