Allowed
M/s.Cholamandalam Investment & v. Mr.Gangadhar Satyappa Shetasan
Madras HCA/1526/2017
Case brief
AI extract
What is this about?
The Single Judge granted an application to prohibit the garnishee from paying the second respondent up to Rs.4,33,518.97, which represents the outstanding loan amount subject to pending arbitration proceedings. The order directs compliance via Messenger.
What did the court decide?
Prohibitory order prohibiting garnishee from making payment of Rs.4,33,518.97 to the second respondent.