Madras High Court
ARB APPLN/2257/2026 of MS CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LT Vs BALGOVIND GUPTA on 10 November 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 10-11-2026
CORAM
THE HON'BLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY
Arb Appln No. 2257 of 2026
M/s.Cholamandalam Investment and Finance Company Limited., ‘Chola Crest’, C54 & 55, Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai – 600 032.
..Petitioner(s)
Vs
Balgovind Gupta
..Respondent(s)
Prayer : Judges Summon filed under Order XIV Rule 8 of Original Side Rules read with Section 9(1)(ii)(c) & (e) of the Arbitration and Conciliation Act, 1996, praying to grant an order appointing as receiver of MANOJ KUMAR GUPTA
currently designated as AREA RECEIVABLES 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 TATA SIGNA
5530 TIP TRAILER, Chassis No.MAT828048RAH12277, Engine No.
42H95476980, and bearing Registration No. - JH-03-AR-1742 with all accessories fitted to the asset specifically described in the schedule to the Judges Summons and hand them over to the applicant pending final adjudication of the disputes between parties through arbitration.
For Petitioner(s):
Mr.T.Gowri Shankar
for M/s.SAN Law Partners LLP
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( Uploaded on: 12/11/2026 03:30:19 pm )
Arb Appln No. 2257 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 would seek permission of this Court to withdraw this Arbitration Application. He has also made an endorsement to that effect.
2. Recording the submissions and endorsement made by the learned counsel for the applicant, this Arbitration Application stands dismissed as withdrawn. 10-11-2026 Neutral Citation: Yes/No NSL
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( Uploaded on: 12/11/2026 03:30:19 pm )