Madras High Court
ARB APPLN/1717/2026 of MS CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY L Vs MR SHUBHAM VERMA on 26 October 2026
__________
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 26-10-2026
CORAM
THE HONOURABLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY
Arb Appln No. 1717 of 2026
M/s. Cholamandalam Investment and
Finance Company Ltd.,
Chola crest, C54-55 & super B-4,
Thiru-vi-ka Industrial Estate,
Guindy, Chennai – 600 032.
..Petitioner
Vs
Subham Verma
S/o.Ram Ujagir Verma
..Respondent
Prayer: Judges Summon under Order XIV Rule 8 of Original Side Rules read with Section 9 (1) (ii) (c) & (e) of the Arbitration and Conciliation Act, 1996 to pass an order appointing as receiver of Mr. VIKRAM SINGH currently designated as AREA RECEIVABLE MANAGER of M/S. Cholamandalam Investment and finance company Limited having his office at chola crest, C54
55, super B-4, Thiru-vi-ka industrial Estate, Guindy, Chennai-600032, to visit the respondent's premises, other areas which is occupied by the Respondent and any other premises of the Respondent along with Local police protection to break open if necessary, and to seize and take custody of the vehicle hypothecated with applicant being Model - JCB BACKHOE LOADER ECO
XPERT 3DX-49HP, Chassis No. - HAR3DXINL03255042, Engine No.
H00390959, and bearing Registration No. - UP-44-BT-6031 with all accessories fitted to the asset specifically described in the schedule to the Judge's Summons and hand them over to the applicant pending final adjudication of the disputes between parties through arbitration.
For Petitioner:
Mr. T.Gowri Shankar
for M/s. San Law Partners LLP
For Respondent:
No Appearance
( Uploaded on: 29/10/2026 12:49:15 pm )
Arb Appln No. 1717 of 2026
__________
D.BHARATHA CHAKRAVARTHY, J.
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER
When the matter is taken up for hearing, the learned counsel for the applicant submits that the arbitral award has been passed. It is further submitted that the private notice issued to the respondent has been refused. The vehicle is yet to be seized by the party receiver.
2. Since, it is stated that the private notice sent to the respondent is refused, the service is treated as complete.
3. In view thereof, the order, dated 20.08.2026 is made absolute.
4. Accordingly, this application is disposed of. 26-10-2026 Neutral Citation: Yes/No GRS
( Uploaded on: 29/10/2026 12:49:15 pm )