Madras High Court

ARB APPLN/1668/2026 of INDUSIND BANK LTD Vs Ms Jai Shani Dev And Co Prop Mr Umesh on 26 October 2026

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__________

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 26-10-2026

CORAM

THE HONOURABLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY

Arb Appln No. 1668 of 2026

M/s. Indusind Bank Ltd.

..Petitioner

Vs

Ms Jai Shani Dev And Co,

Prop. Mr Umesh

..Respondent

Prayer: Judges Summon filed under Order XIV Rule 8 of O.S. Rules read with Section 9 (1) (ii) (a) (b),(d) & (e) of the Arbitration and Conciliation Act, 1996

to appoint employee of the Applicant viz. Mr.Suryakant Pandey, Chief Manager, as Receiver to seize and take possession of the construction equipment which is more fully described in the schedule to the Judges Summons which is lying in the custody of respondent or respondent's men, agents, servants, from respondent premises or wherever found with Police aid and break open of premises if necessary.

For Petitioner:

Mr.D.Pradeep Kumar

For Respondent:

No Appearance

( Uploaded on: 28/10/2026 06:22:41 pm )

Arb Appln No. 1668 of 2026

__________

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 proceedings have been initiated and are pending. It is further submitted that the private 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 14.08.2026 is made absolute.

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

( Uploaded on: 28/10/2026 06:22:41 pm )

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