Research › Search › Judgment

Madras High Court · body

2026 DAILYLAW 79562 (MAD)

Cholamandalam Investment And Finance Co Ltd v. M/S ONE RMC PLANTS PRIVATE LIMITED

Arb Appln/1654/2025 · 2026-01-19

N Anand Venkatesh

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Arb Appln No. 1654 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 19-01-2026 CORAM THE HONOURABLE MR JUSTICE N. ANAND VENKATESH Arb Appln No. 1654 of 2025 1. Cholamandalam Investment And Finance Co Ltd Chola Crest, C 54 and 55, Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai Applicant(s) Vs 1. M/s One Rmc Plants Private Limited B 303 Plot No.5, S No.41, Kohinoor Chs Ltd Oshiwara Road, NR Mill, Andheri West, Mumbai Maharashtra 400 053. Respondent(s) PRAYER Arbitration Application under Order XIV Rule 8 of OS Rules r/w.Section 9(1) (ii) (a) (b) (d) & (e) of the Arbitration and Conciliation Act, 1996 praying to appoint employee of the Applicant viz Mr.Sudhir Ganpat Vedre, Area Receivables Manager, as Receiver to https://www.mhc.tn.gov.in/judis Arb Appln No. 1654 of 2025 seize and take possession of the vehicle which is more fully described in the schedule to the Judges Summons which is lying in the custody of respondent or respondents men, agents, servants from respondent premises or wherever found with Police aid and break open of premises if necessary. For Applicant(s): Mr.D.Pradeep Kumar For Respondent(s): ORDER This application has been filed under Section 9 of the Arbitration and Conciliation Act, 1996, [for brevity 'the Act'] for appointment of a receiver to seize and deliver the vehicle from the respondent to the applicant, if necessary, with police protection and by breaking open the premises. 2. When the matter came up for hearing on 16.10.2025, this Court ordered notice to the respondent. 3. The private notice sent to the respondent has been served and the affidavit of service has also been filed. There is no representation for the respondent either in person or through counsel. Hence, the apprehension raised on the side of the applicant https://www.mhc.tn.gov.in/judis Arb Appln No. 1654 of 2025 that the respondent is trying to secret the vehicle is prima facie established. 4. In view of the above, Mr.Sudhir Ganpat Vedre, Area Receivables Manager, is appointed as the Court receiver and the Court receiver is permitted to seize the vehicle from the respondent or wherever it is found and by breaking open the premises, if required with police assistance. 5. This application stands disposed of in the above terms. 19-01-2026 rka Index:Yes/No Speaking/Non-speaking order Internet:Yes Neutral Citation:Yes/No https://www.mhc.tn.gov.in/judis Arb Appln No. 1654 of 2025 To 1.M/s One Rmc Plants Private Limited B 303 Plot No.5, S No.41, Kohinoor Chs Ltd Oshiwara Road, NR Mill, Andheri West, Mumbai Maharashtra 400 053. https://www.mhc.tn.gov.in/judis Arb Appln No. 1654 of 2025 N.ANAND VENKATESH J. rka Arb Appln No. 1654 of 2025 19-01-2026 https://www.mhc.tn.gov.in/judis