Axis Bank Ltd. v. Amgothu Bhagyalaxmi
Case brief
What is this about?
Appointment of Receiver; applicant's own employee not a neutral person; repossession of vehicle in arbitration application; earlier Receiver could not locate the vehicle; liberty for fresh application for Advocate Commissioner; Axis Bank Ltd. vs Amgothu Bhagyalaxmi and another; Arb. Appln. No.133 of 2025; Madras High Court; decision dated 10.03.2025; Judge Abdul Quddhose; counsel Ms.RA. Sivadhara Adiyaman for applicant.
What did the court decide?
Liberty to file a fresh application seeking appointment of an Advocate Commissioner to repossess the vehicle instead of a Receiver who is an employee of the applicant; the application itself was closed and the prayer for appointing the applicant's own employee as Receiver was refused. ¶19