Madras High Court
M/S.Sundaram Industries Private ... vs Sandip Kumar Panda on 2 January, 2024
C.S.No.447 of 2017
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 02.01.2024
CORAM:
THE HONOURABLE MR.JUSTICE A.A.NAKKIRAN
C. S.No.447 of 2017
M/s.Sundaram Industries Private Limited
(Formerly Sundaram Industries Limited)
Rep. by its Assistant General Manager-Legal
Mr.S.Habibullah, S/o. Mohammed Abdullah
No.180, Anna Salai
Chennai-600 006. ... Plaintiff
Vs.
1.Sandip Kumar Panda
2.Hemavathi ... Defendants
Prayer:- Civil Suit filed under Order IV Rule 1 of O.S Rules read with
Order VII Rule 1 of CPC, praying for the following judgment and decree
against the defendants:
a) directing the defendants to pay to the plaintiff a sum of
Rs.1,00,09,606/- (Rupees One Crore Nine Thousand Six Hundred and Six
only) along with interest thereon at the rate of 24% per annum as may
accrue from the date of this plaint till the date of realization and
b) for costs of the suit.
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https://www.mhc.tn.gov.in/judis
C.S.No.447 of 2017
For Plaintiff : Mr.S.Rajendrakumar
For M/s.Norton and Grant
For Defendants : Mr.R.K.Ramaiah for D1
JUDGMENT
When the matter was taken up today, the learned counsel for the plaintiff and the defendants submitted that the matter has been compromised between the parties before the Mediation Centre. Pursuant to the same, they have filed a Memorandum of Compromise dated 21.12.2023 which has been duly signed by them and their respective counsel. The said Memorandum of Compromise is recorded.
2. In view of the same, the suit is decreed in terms of the Memorandum of Compromise entered between the parties and the above Memorandum of Compromise shall form part of the decree. The Court Fee is ordered to be refunded as per law.
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