SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2021 Supreme(Mad) 1046

P.T.ASHA
Aapico Investment Pte. Limited – Appellant
Versus
Manickam Mahalingam – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr. J. Sivanandaraaj
For the Respondent: Mr. AR.L. Sundaresan

ORDER :

The applicant before this Court has filed various applications seeking interim measures under Section 9 of the Arbitration and Conciliation Act, 1996, as amended by the Arbitration and Conciliation(Amendment) Act 2015, in respect of an International Commercial Arbitration. The Arbitral proceedings are underway in respect of two Loan Agreements dated 25.05.2017 and 29.09.2018. These applications are in respect of the Personal Guarantee Deeds executed by the Respondent as security for the said Loan Agreements on 25.05.2017 and 01.10.2018 respectively.

2. VARIOUS APPLICATIONS FILED:

(a) A.No.1100, 9491, 9492, 9493 and 9494 of 2019 is in respect of the Loan Agreement dated 25.05.2017.

(b) A.No.1148, 9765, 9766, 9768 and 9769 of 2019 is with regard to the Loan Agreement dated 29.09.2018.

Identical interim reliefs have been sought for in respect of the two agreements.

(a) To restrain the respondents, his representatives, agents, successors or any other person claiming through or under him from in any manner dealing with the respondents assets, movable and immovable, monies, bank accounts wherever situated and from encumbering, selling, transferring or creating any third party interest

                      Click Here to Read the rest of this document
                      1
                      2
                      3
                      4
                      5
                      6
                      7
                      8
                      9
                      10
                      11
                      SupremeToday Portrait Ad
                      supreme today icon
                      logo-black

                      An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

                      Please visit our Training & Support
                      Center or Contact Us for assistance

                      qr

                      Scan Me!

                      India’s Legal research and Law Firm App, Download now!

                      For Daily Legal Updates, Join us on :

                      whatsapp-icon telegram-icon
                      whatsapp-icon Back to top