Madras High Court
ARB APPLN/2557/2026 of Cholamandalam Investment And Finance Co Ltd Vs SHIV KUMAR CHANDEL 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. 2557 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(s)
Vs
1. Shiv Kumar Chandel
2. Chhedilal Chandel
..Respondent(s)
Prayer : Judges Summon filed under Order XIV Rule 8 of Original Side Rules read with Section 9(1)(ii)(b) of the Arbitration and Conciliation Act, 1996, praying to direct the Respondent to furnish security for the sum of Rs.2,99,005/- 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 pending initiation and disposal of arbitration proceedings between the Applicant and the Respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings and a copy of the attachment order be transmitted through the District and Sessions Court, Janjgir-Champa and communicated to SRO PAMGHAR, JANJGIR CHAMPA – C.G and the attachment order may be hand delivered to the applicant for transmission.
For Applicant:
For Respondents:
MR.D.PRADEEP KUMAR
No appearance
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( Uploaded on: 12/11/2026 04:55:30 pm )
Arb Appln No. 2557 of 2026
D.BHARATHA CHAKRAVARTHY, J.
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ORDER
It is seen that by an order dated 12.10.2026, the respondents were directed to furnish security to the tune of Rs.2,99,005/-. Notice sent to the respondents is returned as ‘refused’. Hence, service is treated as completed. Despite notice, the respondents have neither furnished security nor appeared before this Court to show cause as to why they should not furnish security.
2. In view thereof, the Applicant is entitled to the further relief of attachment of the immovable property mentioned in the schedule to the judge's summons. Accordingly, Arbitration Application No. 2557 of 2026 stands allowed as prayed for.
3. The Registry is directed to communicate a copy of this order to the Sub-Registrar concerned, as well as to the concerned Court. No costs 10-11-2026 Neutral Citation: Yes/No NSL To
1. District and Sessions Court, Janjgir-Champa.
2. The SRO PAMGHAR, JANJGIR CHAMPA – C.G.
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( Uploaded on: 12/11/2026 04:55:30 pm )