M s Cholamandalam Inverstment and Finance Co. Ltd. Represented by its Authorized Signatory Mr D Arjun v. M s Darsh Pharmachem Pvt. Ltd.
Case brief
What is this about?
Arbitration application closed as infructuous - repossession of financed equipment/vehicle not effected despite Advocate Commissioner appointed on 26.02.2025 - liberty to file fresh application for appointment of Advocate Commander... (correction: Advocate Commissioner) as and when repossession possible - Court to consider retaining same Advocate Commissioner as initial remuneration already paid - Madras High Court, Arb.Appln.No.367 of 2025, Abdul Quddhose J., decided 29.04.2025 - Cholamandalam Investment and Finance Co Ltd v. Darsh Pharmachem Pvt Ltd and 3 Others.
What did the court decide?
Application closed; liberty granted to the applicant to file a fresh application seeking appointment of an Advocate Commissioner for repossession of the vehicle as and when possible, with an indication that the same Advocate Commissioner may be retained since the initial remuneration has already been paid.