Madras High Court

ARB APPLN/1432/2026 of Cholamandalam Investment And Finance Company Lim Vs Nirmal Kumar Sahare and another on 26 October 2026

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 26-10-2026

CORAM

THE HON'BLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY

Arb Appln No. 1432 of 2026

M/s.Cholamandalam Investment & Finance

Company Limited,

Represented by its authorised Signatory, Mr.S.Sivasubramanian, No.2, N.S.C.Bose Road, Parrys, Chennai – 600 001.

..Petitioner(s)

Vs

1. Nirmal Kumar Sahare,

S/o.Tukaram Sahare,

2. Tukaram Sahare

..Respondent(s)

Prayer:

Judges Summon filed under Order XIV Rule 8 of O.S. Rules read with Section 9 (2) (b) & (e) of the Arbitration and Conciliation Act, 1996, to pass an order of appointment of MR. SYED RAJIK AHMED, Branch Receivable Manager of the Applicant as a RECEIVER to seize the vehicle more particularly described in the schedule to the Judges Summon wherever stationed in the premises of the respondents or wherever it is found and with whomsoever it is found with powers to break open the premises and grant permission to the receiver to obtain police aid from the concerned police Officer.

For Petitioner(s):

Mr.A.Damodaran

( Uploaded on: 28/10/2026 04:36:52 pm )

Arb Appln No. 1432 of 2026

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D.BHARATHA CHAKRAVARTHY, J.

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ORDER

When the matter is taken up for hearing, the learned counsel for the applicant submits that the arbitral award proceedings have been initiated and are pending. It is further submitted that the notice issued to the respondent has been served, but the vehicle is yet to be seized by the party receiver.

2. Even though notice is served, the respondent has not chosen to appear before this Court and oppose this application.

3. In view thereof, the order dated 15.07.2026 is made absolute.

4. Accordingly, this application is disposed of. No costs. 26-10-2026 Neutral Citation: Yes/No PSS

( Uploaded on: 28/10/2026 04:36:52 pm )

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