Madras High Court
ARB APPLN/2342/2026 of Ms Indusind Bank Limited Vs Mr Deepak Vyas 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. 2342 of 2026
M/s.Indusind Bank Limited,
Rep. by its Legal Executive, M. Niranjana, Consumer Finance Division, No. 34, G N Chetty Road, T Nagar, Chennai.
..Applicant(s)
Vs
Deepak Vyas
..Respondent(s)
Prayer : Judges Summon filed under Order XIV Rule 8 of Original Side Rules read with Section 9(1)(2)(ii)(a)(b)(d) & (e) of the Arbitration and Conciliation Act, 1996, praying to pass an order of appointment of Ankit Kumar Sharma, Branch Head, IBLR27737 employee of the Applicant as a receiver to seize and deliver the vehicle/Machine M & M SCORPIO N 2022 BS 6, M & M Scorpio N Z8 L Diesel 2wd Mt Bs Vi, bearing Vehicle Engine No.YDP4M69045
Chassis No.MA1TJ2YD6P6M93086 and Reg.No.RJ06UD7575 to the custody of the Applicant, available at the Respondent premises or wherever found and with whomsoever it is found and permit the receiver to obtain Police aid and to break open the premises.
For Applicant(s):
Ms.MEERA GNANASEKAR
For Respondent(s):
No appearance
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( Uploaded on: 12/11/2026 03:30:20 pm )
Arb Appln No. 2342 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 submit that the Arbitral Tribunal has to be constituted. The private notice, issued to the respondent, is served. 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 29.09.2026 is made absolute.
4. Accordingly, this application is disposed of. 10-11-2026 Neutral Citation: Yes/No NSL
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( Uploaded on: 12/11/2026 03:30:20 pm )