Madras High Court

Madras HC: G. Venkatesan's Property Hold Lifted After Agreement

Updated
Jan 17, 2026 10:57 AM
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Quick Summary: On December 17, 2025, the Madras High Court lifted a hold on G. Venkatesan's property after he reached an agreement with M/s Sundaram Finance Limited. This decision was made by Judge N. Anand Venkatesh.

Background of the Case

Back in 2015, G. Venkatesan got into a legal battle with M/s Sundaram Finance Limited. The finance company, represented by Mr. G.S. Narayanakrishnan, had a court order to hold Venkatesan's property. This order was given on June 15, 2015, as part of Application No.1714 of 2015.

What Happened in Court

Fast forward to December 17, 2025, the scene is set in the Madras High Court. Judge N. Anand Venkatesh was in charge. The case was filed under a section of the Arbitration and Conciliation Act, 1996. Venkatesan wanted the hold on his property removed, and it turns out the two sides had come to an agreement.

"The first respondent does not have any objection for raising the order of attachment," stated the lawyer for Sundaram Finance.

The Judgment

With both sides reaching an agreement, Judge N. Anand Venkatesh approved the request to remove the hold. The court's decision means that the order will be sent to the Sub-Registrar to update the property records accordingly.

What's Next?

The court ordered that the decision be officially recorded by December 18, 2025. This marks the end of a ten-year legal journey for Venkatesan, allowing him to regain control of his property.

Tags:
Property Rights
Arbitration
Commercial Law