Equitas Small Finance Bank Ltd. v. Sadik Arts
Case brief
What is this about?
The applicant in a loan dispute application sought permission to withdraw the petition. The court dismissed the application as withdrawn.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION)
TUESDAY, THE 27TH DAY OF AUGUST 2019 THE HON'BLE MRS. JUSTICE PUSHPA SATHYANARAYANA
A. No.1707 of 2019
In the matter of
Arbitration & Conciliation
Act, 1996
And
IN THE MATTER OF DISPUTES
BETWEEN AND DIFFERENCES
BETWEEN M/S. EQUITAS SMALL
FINANCE BANK LTD. and SADIK
ARTS AND 2 OTHERS IN lOAN
ACCOUNT NO.BLTWRCY0000393
DATED 18.05.2017.
EQUITAS SMALL FINANCE BANK LTD.
4th Floor, Phase II Spencer Plaza,
No.769, Mount Road, Anna Salai,
Chennai-600 002
Rep. by its
Assistant Manager -Legal ..Applicant
-vs-
1. SADIK ARTS
NO.18/664, SHAHU NAGAR BHONE MALA,
ICHALKARANJI, KOLHAPUR-416 115.
REP.BY ITS PROPRIETOR MR.SADIK SATTARBEG,
INAMDAR.
2. MR.SADIK SATTARBEG INAMDAR
S/O.SATTARBEG,
18/660, SHAHU NAGAR BHONE MALA,
ICHALKARANJI, KOLHAPUR-416 115.
3. MRS.YASMEEN SADIK INAMDAR
W/O.SADIK SATTARBEG,
18/660, SHAHU NAGAR BHONE MALA,
ICHALKARANJI, KOLHAPUR-416 115. ..RESPONDENTS
Application praying that this Hon'ble Court be pleased https://hcservices.ecourts.gov.in/hcservices/
to direct the respondents to furnish Security to the tune
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of Rs.1,76,960/- failing which appointment of Advocate Commissioner with police aid to collect the day to day collections from business center which is more fully described in the below schedule and deposit the same to the applicant as an adjustment towards the outstanding.
This Application coming on this day before this court for hearing the court made the following order:
Learned counsel appearing for the applicant seeks permission of this Court to withdraw this application. He has also made an endorsement in the application to that effect. Accordingly, this application is dismissed as withdrawn.
Sd/.P.S.N.J.
27.08.2019
//Certified to be a true copy//
Dated this the day of 2019.
SU/06.11.2019 COURT OFFICER
From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.
M/s. Equitas Small Finance Bank Ltd.
Sadik Arts
Mr. Sadik Sattarbeg Inamdar
Mrs. Yasmeen Sadik Inamdar
P. Puspha Sathyanarayana
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court