Madras High Court
ARB APPLN/1672/2026 of Cholamandalam Investment And Finance Co Ltd Vs Muralidaran Sundaramoorthi 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.1672 of 2026
M/s.Cholamandalam Investment and Finance Company Ltd, ‘Chola Crest’, C-54 & 55, Super B-4, Thiru. Vi Ka. Industrial Estate, Guindy, Chennai-600 032.
Represented by its Authorised Signatory.
..Petitioner
Vs
1. Mr.Muralidaran Sundaramoorthi
2. Indian Bank,
3/35 B Road Street,
Adamangalam,Tiruvannamalai-606 901.
3. Karur Vysa Bank,
New No:3/81 A,
Old No: 3/414 Road Street,
Adamangalam Pudur,
Tiruvannamalai-606 901.
..Respondents
Prayer : Arbitration Application filed under Order XIV Rule 8 of Original Side Rules read with Section 9(ii)(b)(d)&(e) of the Arbitration and Conciliation Act, 1996 to pass an order directing the garnishees to debit freeze the bank account bearing Account No.936650784, IFSC Code: IDIB000A054 maintained by the 2nd Respondent/garnishee and bank account bearing Account No.1728155000024920, IFSC Code: KVBL0001728 maintained by the respondent with the 3rd respondent/garnishee to the extent of a sum of Rs.9,71,001.00/- and further to direct the Garnishee to deposit the sum of Rs.9,71,001.00/- or any amount lying in the bank accounts to the credit of this application.
For Petitioner :
Mr.D.Pradeep Kumar
For Respondent :
No appearance
( Uploaded on: 28/10/2026 06:22:41 pm )
Arb Appln No.1672 of 2026
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D.BHARATHA CHAKRAVARTHY, J.
grs/nm
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ORDER
Learned Counsel for the applicant seeks permission of this Court to withdraw this application. He has made an endorsement in the Court bundle to that effect.
2. Accordingly, this application is dismissed as withdrawn. 26.10.2026 Neutral Citation : yes/no grs/nm Arb.Appln.No.1672 of 2026
( Uploaded on: 28/10/2026 06:22:41 pm )