Cholamandalam Investment And Finance Co. Ltd. v. Akhand Pratap Singh
Case brief
What is this about?
Cholamandalam Investment and Finance Company Limited v Akhand Pratap Singh; Arb. Appln. No.1726 of 2025; High Court of Judicature at Madras; N.Anand Venkatesh J.; decided 02.02.2026; Section 9 Arbitration and Conciliation Act 1996; Order XIV Rule 8 Original Side Rules; appointment of receiver; seizure of financed vehicle with police aid and break-open power; arbitral award dated 30.10.2023 for Rs.18,46,982/-; total dues Rs.30,33,896.10 as on 28.11.2025; interim order dated 02.01.2026 made absolute; respondent served but did not appear; D.Pradeep Kumar counsel for applicant; Vinit Dwivedi appointed receiver.
What did the court decide?
Interim order dated 02.01.2026 made absolute: Mr.Vinit Dwivedi, Area Receivables Manager, appointed receiver with power to seize the scheduled vehicle from the respondent or wherever found, break open premises if required, with police assistance.