CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED vs Krishan Kumar — 33/2026

Case 33/2026 Summary: The court granted Cholamandalam Investment & Finance Company's interim application under Section 9 of the Arbitration Act, appointing a Receiver to repossess a Royal Enfield motorcycle from respondent Krishan Kumar, who defaulted on 8 of 24 loan installments (₹87,402 outstanding on a ₹1,69,801 loan). The court found a prima facie case and reasonable apprehension that the vehicle would be disposed of, issuing detailed guidelines for possession, safe custody, and conditional sale after 60 days if the debt remains unpaid, while preserving the respondent's rights under arbitration proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.