Manoj C.J vs Shriram Transport Finance Company ... on 6 October, 2020
17. Before passing an order under Section 17(2) of the Act
for enforcement of the interim order of the arbitral tribunal to
take possession of a vehicle, it is not mandatory or necessary to
O.P.(C) No.312/2020 7
issue notice to the affected party (See HDFC Bank Limited v.
Manaf : 2018 (4) KHC 84). The vehicle may be the only
security and asset available to the creditor for realisation of the
debt. Issuance of notice prior to taking possession would enable
the debtor to remove the vehicle out of the process of law.