Madras High Court
ARB APPLN/2577/2026 of Cholamandalam Investment And Finance Co Ltd Vs ANIL KUMAR on 11 November 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 11.11.2026
CORAM :
THE HON’BLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY
Arb.Appln.No.2577 of 2026
M/s.Cholamandalam Investment and
Finance Company Limited,
‘Chola Crest’, C 54 & 55, Super B-4,
Thiru Vi Ka Industrial Estate,
Guindy, Chennai – 600 032,
Represented by its Authorised Signatory
.. Applicant
Versus
1. Anil Kumar
2. Ramlal Mandavi
.. Respondents
Prayer : Arbitration Application filed under Order XIV Rule 8 of Original Side Rules read with Section 9(1)(ii)(b) of the Arbitration and Conciliation Act, 1996 to direct the respondents to furnish security for the sum of Rs.17,22,519/- within a time fixed by this Court failing which to order attachment of the immovable properties morefully described in the Schedule to the Judges Summons till enforcement of the award passed in the arbitration proceedings and a copy of the attachment order be transmitted through the Additional District & Sessions Court, Ambagarh Chowki (C.G.) and communicated to SRO Registrar Office – Manpur
(C.G.) and the attachment order may be hand delivered to the applicant for transmission.
For Applicant
: Mr.D.Pradeep Kumar
For Respondents
: No appearance
( Uploaded on: 12/11/2026 12:33:03 pm )
Arb.Appln.No.2577 of 2026
D.BHARATHA CHAKRAVARTHY, J.
grs
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ORDER
It can be seen that by the order, dated 13.10.2026, the respondents were directed to furnish security to a tune of Rs.17,22,519/-. Even though notice has been served, the respondents neither furnished security nor appeared before this Court and shown cause as to why they should not furnish the security. It is also seen that award has been passed.
2. In view thereof, I am of the view that the applicant has made out a case for the attachment of the property mentioned in the schedule.
3. This application is ordered as prayed for. 11.11.2026 Neutral Citation : yes/no grs To
1. The Additional District and Sessions Court, Ambagarh Chowki, Chattisgarh.
2. The Sub-Registrar, Manpur, Chattisgarh.
( Uploaded on: 12/11/2026 12:33:03 pm )