Disposed¶40

M/s Indusind Bank Ltd. v. Jai Mata Di Traders

Madras HC2 Jan 2025Arb Appln/160/2024

Case brief

AI extract

What is this about?

IndusInd Bank Ltd v. Jai Mata Di Traders; Arb Appln Nos. 160 and 161 of 2024; Madras High Court; Justice P.B. Balaji; order dated 02-01-2025; withdrawal of arbitration applications; warrant execution unsuccessful; Advocate Commissioner; vehicle not available/traced; applications closed with liberty to file fresh application later.

What did the court decide?

Permission to withdraw Arb Appln Nos. 160 and 161 of 2024 recorded; applications closed, with liberty to the applicant to file a fresh application at a later stage if warranted. ¶40

M/s Indusind Bank Ltd. Vs Jai Mata Di Traders — Madras HC (2025) — LawSathi Research

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IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 02-01-2025 CORAM

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THE HONOURABLE MR JUSTICE P.B. BALAJI

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Arb Appln NO. 160 of 2024 AND

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ARB APPLN NO. 161 OF 2024

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M/s Indusind Bank Ltd

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M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office at- Consumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.

Appellant(s)

Jai Mata Di Traders

M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office at- Consumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.rep.by its Proprietor Sanjeev, Shop NO.4, Wazirpur More, Farukhnagar Road, Wazirpur, Gurgaon 122 001.

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Respondent(s)

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Arb Appln NO. 161 of 2024

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M/s Indusind Bank Ltd

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M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office at- Consumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.

Appellant(s)

Jai Mata Di Traders

M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office

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1/3

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https://www.mhc.tn.gov.in/judis

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at- Consumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.

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Respondent(s)

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Arb Appln NO. 160 of 2024

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For Appellant(s):

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M/s.Meera Gnanasekar

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Alice Chitra Y Kavita Sharma

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For Respondent(s):

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C/N-SOLE RESPT-JAI MATA DI TRADERS M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office atConsumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.rep.by its Proprietor Sanjeev, Shop NO.4, Wazirpur More, Farukhnagar Road, Wazirpur, Gurgaon 122 001.

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Mr.V. Rengarajan, Advocate Commissioner

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Arb Appln NO. 161 of 2024

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For Appellant(s):

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M/s.Meera Gnanasekar

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Alice Chitra Y Kavita Sharma Mr.V. Rengarajan, Advocate Commissioner

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For Respondent(s):

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ORDER

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When the matters are taken up for hearing today, the learned counsel appearing for the applicant in both the applications submits that despite diligent steps taken to locate the vehicle, the applicant as well as the Advocate Commissioner have not been able to execute the warrant for the reason of non-availability of the vehicle. Hence, she seeks permission of this

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2/3

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https://www.mhc.tn.gov.in/judis

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Court to withdraw the applications with liberty to move an application, as and when necessity arises in future.

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2.Recording the same, these applications are closed. The applicant is at liberty to file a fresh application, if so warranted at the later stage.

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02-01-2025

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ata

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Arb Appln NO. 160 of 2024

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Jai Mata Di Traders M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office atConsumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.rep.by its Proprietor Sanjeev, Shop NO.4, Wazirpur More, Farukhnagar Road, Wazirpur, Gurgaon 122 001.

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Arb Appln NO. 161 of 2024

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Jai Mata Di Traders M/s. IndusInd Bank Ltd., Rep. by its Assistant Vice President, A. Ganesh Kumar Having office atConsumer Finance Division, No. 34, G N Chetty Road, T Nagar , Chennai 600017.

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https://www.mhc.tn.gov.in/judis

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M/s Indusind Bank Ltd. v. Jai Mata Di Traders

Case brief

What is this about?

What did the court decide?

M/s Indusind Bank Ltd. v. Jai Mata Di Traders

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

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Procedural history

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Coram

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