Dismissed

M/S.Cholamandalam Investment v. Mr.Ramakrishnan.P.

Madras HC11 Jul 2016A/1251/2016

Case brief

AI extract

What is this about?

In an interim application seeking attachment of properties during pending arbitration proceedings, the applicant's counsel appeared and informed the court of their instruction to withdraw the application. The High Court of Judicature at Madras recorded this submission and dismissed the application as withdrawn.

What did the court decide?

None granted as the application was withdrawn by the applicant.

M/S.Cholamandalam Investment Vs Mr.Ramakrishnan.P. — Arbitration | Madras HC (2016)

¶1

¶2

IN THE HIGH COURT OF JUDICATURE AT MADRAS

¶3

(ORDINARY ORIGINAL CIVIL JURISDICTION)

¶4

MONDAY, THE 11^rd DAY OF JULY 2016

¶5

THE HON'BLE MR. JUSTICE RAJIV SHAKDHER

¶6

A. No.1251 of 2016
In the matter of
Arbitration and
Conciliation Act, 1996
And
In the matter of disputes
between M/s.Cholamandalam
Investment and Finance
Company Limited and
Mr.Ramakrishnan P.& another
Arising under Loan
Agreement No .
XVFPTUT00000883244 dated
31.12.2012
M/s.Cholamandalam Investment and
Finance Company Limited
“Dare House” No.2, NSC Bose Road,
Parrys,
Chennai 600 001.
Represented by its Authorised Signatory
..Applicant
Vs.
1.Mr.Ramakrishnan P.
S/o.Patchaimal
3/16,Kamarajar Street,
Muthalankurichi,
Srivaikundam
Tuticorin
Tamil Nadu-628 252.

¶7

https://hcservices.ecourts.gov.in/hcservices/

¶8

¶9

2.Mr.Ramalingam P. S/o.Patchaimal 3/12,Kamarajar Street, Muthalankurichi, Srivaikundam Tuticorin Tamil Nadu-628 252.

¶10

...Respondents

¶11

Application praying that this Hon'ble Court be pleased to direct the respondents to furnish security for the sum of Rs.10.87,002/- within a time fixed by this Hon'ble court failing which to order attachment of the immovable properties morefully described in the schedule to the Judges summons pending disposal of arbitration proceedings between the Applicant and the Respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the District Court ,Tuticorin and the attachment order may be hand delivered to the applicant for transmission.

¶12

This application coming on this day before this court for hearing Court made the following order:

¶13

Learned counsel for the applicant says that he

¶14

has instruction to withdraw the captioned application.

¶15

1.1. Learned counsel has also made an

¶16

endorsement to that effect on the application.

¶17

https://hcservices.ecourts.gov.in/hcservices/

¶18

¶19

As prayed by the learned counsel for the
applicant, the application is dismissed as withdrawn.
sd/.R.S.A.J
11.07.2016
//Certified to be a true copy//
Dated this the day of 2016.
S.s/04.10.2016 COURT OFFICER
From 25.09.2008 the Registry is issuing certified copies
of the Order/Judgment Decree in this format.

¶20

https://hcservices.ecourts.gov.in/hcservices/

M/S.Cholamandalam Investment v. Mr.Ramakrishnan.P.

Case brief

What is this about?

What did the court decide?

M/S.Cholamandalam Investment v. Mr.Ramakrishnan.P.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

Similar cases

Eta Star Bashyam Vs

Gmr Holdings Private Limited Vs

M/S.Merryland Infrastructure Vs

M/s.Varo Technologies Pvt. Ltd. Vs M/s.Ti Anode Fabricators

M/S.Ojala (India) Engg. Vs M/S.Water Front Pier Hotel

Petunia Eretz Developers Pvt. Vs