M.A(Arb). No.47/2025

Case between M/s. Indusind Bank Ltd vs Akhilesh P.K et al regarding Arbitration and Conciliation Act.

Court

COURT OF THE COMMERCIAL JUDGE/SUBORDINATE JUDGE OF KOZHIKODE

Judge

Smt. Leena Rasheed

Order Date

2025-11-29

Duration

Case Closed

Judgement document from eCourt website

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Case Summary

M/s. Indusind Bank Ltd filed a petition under section 9(2) of the Arbitration and Conciliation Act 1996 against Akhilesh P.K and Ajeesh P.K. The court heard the matter in the presence of advocates for both parties and passed an order.

Judgment Outcome

Judgment Favored

Plaintiff

Relief Granted

Property attached

Case Type

Arbitration Petition

Final Judgment

The court ordered the property to be attached and closed the matter.

Why Plaintiff Won:
The petition was filed under a valid section of the Arbitration and Conciliation Act.

Losing Side's Weaknesses:
The petition was filed under a valid section of the Arbitration and Conciliation Act.

Supporting Evidence

This petition coming on this day for hearing before me in the presence of Sri. M. Shahier Singh Advocate for Petitioner.

Judgment Evidence:

Property attached. MA closed.

Parties Involved

Parties

Party Role: Plaintiff
Party Name: M/s. Indusind Bank Ltd
Party Age: 32
Relation: Rep.by

Party Role: Defendant
Party Name: Akhilesh P.K
Relation: S/o

Party Role: Defendant
Party Name: Ajeesh P.K
Relation: S/o

Plaintiffs Documents

Defendants Documents

Advocates

Party Role: Plaintiff
Advocate Name: Sri. M. Shahier Singh
Appearance Type: Main Counsel

Party Role: Defendant
Advocate Name: Sri. A.K Jayaprakash
Appearance Type: Main Counsel

Party Role: Defendant
Advocate Name: Sri. Amarnath J
Appearance Type: Main Counsel

Reliefs

Relief Type: Other

Outcome: Granted

Description:

Property attached.

Evidence: