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Cholamandalam Investment and Finance Co Ltd v. Yashvi Tours and Travels Prop Mr Lalit Moreshwar Sankhe

DISPOSED OF
Court
High Court of Madras
Decided
2 July 2026
Bench
K.Kumaresh Babuauthor
Case no.
Arb Appln 908/2026

Judgment

ORDER This application has been filed to pass an order prohibiting the Garnishee from making payment of a sum of Rs.4,06,549.73 or any amount to the Respondent or to respondent's men, agents, representatives or to anyone claiming on respondent behalf and restrain the respondent or respondent's men, agents, representatives or anyone claiming on respondent behalf from receiving a sum of Rs.4,06,549.73 or any amount from the Garnishee and further direct the Garnishee to deposit the sum of Rs.4,06,549.73 or any amount to the credit of the above application.

¶2Heard Mr.D.Pradeep Kumar, learned counsel for the applicant.

¶3Service of notice on the respondents through Court is awaited. However, Affidavit of Service filed by the applicant, enclosing the acknowledgment card, indicates that notice had been duly served on the respondents. The names of the respondents have also been printed in the cause list today and when the matter was taken up, there is no representation on the Page3 of 4 side of the respondents neither through counsel nor did they appear before this Court. They are called absent and set ex-parte.

¶4Having satisfied with the averments made in the affidavit and also the materials placed on record, there shall be an order, prohibiting the second respondent from making in payment to the tune of Rs.4,06,549.73/- or any other lesser amount that is payable to the first respondent, pending the arbitration between the first and directing the second respondent to deposit the same to the credit of this instant Arbitration Application No.908 of 2026 within a period of four weeks.

¶5In fine, this application stands disposed of. No costs. 02-07-2026 Index: Yes/No Speaking/Non-speaking order kak Page4 of 4

K.KUMARESH BABU, J. kak 02-07-2026

Case details

Parties and counsel

Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 02-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU M/s.Cholamandalam Investment And Finance Co Ltd, 'Chola Crest', C 54 and 55, Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai. ..Petitioner(s) Vs 1. M/s.Yashvi Tours And Travels, Prop.Mr Lalit Moreshwar Sankhe S/o.Moreshwar, At Morekuran Post Dapoli, Near Sai Baba Mandir, Palghar, Maharashtra 401 404. 2. Rural Water Supply Department Zilla Parishad Palghar- Room No. 108M First Floor, Zilla Parishad Headquarters, Navnagar, Kolgaon, Boisar Road, Taluka And District Palghar Maharshtra - 401404 ..Respondent(s) Judge's Summon filed under Order XIV Rule 8 of O.S.Rules, read with Section 9(1)(ii)(a)(b)(d) & (e) of the Arbitration and Conciliation Act, 1996, praying to pass an order prohibiting the Garnishee from making payment of a sum of Rs.4,06,549.73 or any amount to the Respondent or to respondent's men, agents, representatives or to anyone claiming on respondent behalf and restrain the respondent or respondent's men, agents, representatives or anyone claiming on respondent behalf from receiving a sum of Rs.4,06,549.73 or any Page2 of 4 amount from the Garnishee and further direct the Garnishee to deposit the sum of Rs.4,06,549.73 or any amount to the credit of the above application. For Petitioner(s): Mr.D.Pradeep Kumar For Respondent(s): No appearance

Source: High Court of Madras, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.