IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C.R. No. 714 of 2011 Date of decision: 30.5.2011 Hardev Singh … Petitioner versus Mahindra & Mahindra Finance Services Limited, Jalandhar, and another ... Respondents CORAM: HON’BLE MR. JUSTICE ARVIND KUMAR Present: None for the petitioner Mr. Nitin Thatai, Advocate, for respondent No.1 Mr. A.S.Cheema, Advocate, for respondent No.2 ... ARVIND KUMAR, J: The present petitioner got financed an amount of Rs.2,40,000/- for the purchase of vehicle and furnished certain documents. He made default in making payment of the instalments. Respondent- financer filed a petition under Section 9 of the Arbitration and Conciliation Act seeking interim custody of the vehicle. Vide impugned order dated 18.12.2010 passed by the Additional District Judge, Jalandhar, the Superintendent of Police, Traffic, was appointed as Receiver to take the vehicle. Aggrieved with the said order, the present petitioner has preferred this revision. Heard. Petitioner became ready to pay a sum of Rs.1,50,000/- during the pendency of the revision petition as part payment of the loan amount and resultantly, on the said assurance, notice of motion was issued and operation of the impugned order was stayed subject to payment of C.R. No. 714 of 2011 -2- Rs.1,50,000/- within one month. However, the petitioner not only has complied with the order but has also not adhered to his commitment. The case was adjourned to enable the petitioner to show a proof of his having deposited the said amount but he has failed to do so. Thus, keeping in view the act and conduct of the petitioner, the present revision petition stands dismissed. May 30, 2011 ( ARVIND KUMAR ) JS JUDGE