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M/s.Cholamandalam Investment Vs Rahul Zodape — Execution and Attachment | Madras HC (2017)

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Madras HC
2017
M/s.Cholamandalam Investment Vs Rahul ZodapeM/s.Cholamandalam Investment v. Rahul Zodape

Disposed

M/s.Cholamandalam Investment v. Rahul Zodape

Madras HC20 Jul 2017A/1395/2017

Case brief

from the order text

What is this about?

COURT OF JUDICATURE AT MADRAS (ORDINARY…

What the court decided

AI extract

Outcome

A

1

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORDINARY ORIGINAL CIVIL JURISDICTION)

THURSDAY, THE 20TH DAY OF JULY 2017

THE HON'BLE DR. JUSTICE ANITA SUMANTH

A. No.1395 of 2017

In the matter of Arbitration & Conciliation Act, 1996 And In the matter of Disputes between M/s.Cholamandalam Investment and Finance Company Ltd. and Mr. Rahul Zodape Arising under Loan Agreement No. XVFPNGR00000972249 Dated 20.05.2013.

M/s.Cholamandalam Investment and Finance Company Limited 'Dare House', No.2, N.S.C.Bose Road, Parrys,

Chennai - 600 001 Represented by its Authorised Signatory : Applicant

Vs.

Mr. Rahul Zodape S/o. Shrawan Zodape Ward No.04, At-Post Dahegaon Rangari, Teh - Saoner, Nagpur, Maharashtra - 441 113 : Respondent

Application praying that this Hon'ble Court be pleased to appoint employee of the Applicant viz. Mr. Satish Thawkar, Area Legal Manager, as Receiver to 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 his men, agents, servants from his premises or wherever found with Police aid and break open of premises if necessary.

Parties & counsel

AI extract

applicant
M/s.Cholamandalam Investment and Finance Company Limited
respondent
Mr. Rahul Zodape

Coram

AI extract

ANITA SUMANTH

Case details

As recorded by the court registry

Court: Madras HC
Decided on: 20 Jul 2017 · July
Registered: 1 Mar 2017
Case no.: A/1395/2017

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Cite this judgement

M/s.Cholamandalam Investment v. Rahul Zodape, A/1395/2017 (MAD), decided on 20 July 2017.

The Madras High Court publishes no neutral citation for this judgement — cite it by case number and date of decision.

Bench / Coram

ANITA SUMANTH and A. No.1395 of 2017

Parties & counsel

Disposed

A compact analysis

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2

This Application coming on this day before this court

for hearing the court made the following order:

By order, dated 03.03.2017, this Court appointed one Mr.Sathish Thawkar, Area Legal Manager of the applicant company to seize and possess the vehicle in question.

2.It is today represented by the learned counsel appearing for the applicant that pursuant to the said order, the vehicle has been re-possessed by the applicant. He would also confirm that proceedings for arbitration in connection with the transaction relating to the aforesaid asset have been concluded and an award has been passed favouring the applicant on 08.11.2016, which has, till date, not been challenged by the respondent. The statement is recorded.

Though the respondent has been served and his name appears in the cause list, none appears on his behalf.

In view of the above, nothing further survives in this application and the same stands closed. The parties are free to take such action, as they may desire hereafter, in accordance with law.

20.07.2017

//Certified to be a true copy//

Dated this the th day of 2017.

EM/02.08.2017 COURT OFFICER

From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.

A. No.1395 of 2017

CNR

HCMA010174762017

Topic

Execution and Attachment

Bench

Disposal

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