M/S.Hdfc Bank Limited v. Devaraj v (Borrower)
Case brief
What is this about?
HDFC Bank Limited v. Devaraj V; Arbitration Application No. 731 of 2025; High Court of Judicature at Madras; Justice Abdul Quddhose; decided 09.06.2025; Section 9(ii)(d) & (e) Arbitration and Conciliation Act, 1996; Order XIV Rule 8 Original Side Rules; interim measure — seizure of hypothecated vehicle TN29 CD 0784 (Engine No. 4SPCR 19 AVX 601569; Chassis No. MAT 785041 R 7A01657); application withdrawn by counsel with Court-record endorsement; dismissed as withdrawn, no costs; no precedent cited; no substantive adjudication.
What did the court decide?
On the learned counsel for the applicant seeking permission to withdraw the application and making an endorsement to that effect in the Court record, the Arbitration Application was dismissed as withdrawn; no substantive ruling was issued. ¶21