AXIS BANK LIMITED vs SURESH KUMAR SINGH — 12563/2025

Summary: The petition under Section 9 of the Arbitration & Conciliation Act, 1996 was allowed. The court appointed Somnath Chattopadhyay (Advocate) as Receiver to take possession of the vehicle (Registration No. OD-09P-6567) due to the respondent's default on loan installment payments. The petitioner must pay Rs. 6,000 as receiver remuneration, and the order remains in force for 90 days or until arbitration proceedings commence. The case is adjourned to 04.12.2025 for the receiver's report and further orders. This case analysis is maintained by casestatus.in based on publicly available court records.