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Aegan Industries Pvt.Ltd vs Vishva Cottex
2021 Latest Caselaw 9062 Mad

Citation : 2021 Latest Caselaw 9062 Mad
Judgement Date : 1 April, 2021

Madras High Court
Aegan Industries Pvt.Ltd vs Vishva Cottex on 1 April, 2021
                                                                        C.M.A.No.3090 of 2017


                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED : 01.04.2021

                                                    CORAM:

                                    THE HON'BLE MRS.JUSTICE T.V.THAMILSELVI

                                              C.M.A.No.3090 of 2017
                                                       and
                                              C.M.P.No.18834 of 2017

                   Aegan Industries Pvt.Ltd.,
                   No.280, Bommanallur – 638 673,
                   Palani Highway, Dharapuram Taluk,
                   Tirupur District,
                   Rep. by its Managing Director,
                   Thyagarajan Arunkumar.                                .. Appellant
                                                    Vs.
                   Vishva Cottex,
                   “Anjani” 1, Mayur Nagar,
                   Amin Marg,
                   Near Rudraksh Building,
                   Kalavad Road, Rajkot,
                   Gujarat State,
                   Rep. by its Proprietor
                   Mrs.Mitalben.B.Bodar                                 .. Respondent

                   PRAYER : Civil Miscellaneous Appeal is filed under Order 43 rule 1(q) of
                   Civil Procedure Code, against order of the learned III District Judge,
                   Dharapuram, Tirupur District dated 07.10.2016 in I.A.No.111 of 2016 in
                   O.S.No.207 of 2016.



                   Page No.1/6


https://www.mhc.tn.gov.in/judis/
                                                                                 C.M.A.No.3090 of 2017


                                            For Appellant     : Mr.T.M.Hariharan

                                            For Respondent    : No appearance


                                                        JUDGMENT

The appellant herein is the defendant O.S.No.207 of 2016 which

was filed by the respondent / plaintiff for recovery of money and in the said

suits I.A.No.111 of 2016 was filed by the respondent / plaintiff praying to

attach the immovable properties belongs to the appellant.

2. After full enquiry, the learned Trial Judge allowed

I.A.No.111 of 2016 and attached the properties belongs to the defendant.

Aggrieved by the said order, the appellant has preferred this appeal.

3. The question of law that arises for consideration in this

appeal is as to

“ whether the learned trial Judge erroneously ordered to attach the properties belongs to the appellant without appreciating the fact that until and unless claim is proved, no attachment can be effected?”

Page No.2/6

https://www.mhc.tn.gov.in/judis/ C.M.A.No.3090 of 2017

4. The respondent / plaintiff has filed the suit in O.S.No.207

of 2016, for recovery of Rs.45,35,350/- with interest against the appellant /

defendant. He filed I.A.No.111 of 2016 under Order 38 Rule 5 and Section

151 of CPC praying to furnish the security from the defendant, failing which,

he prayed to attached the properties of the defendant. The trial Court ordered

against the appellant / defendant to attach the B-Schedule properties belongs

to him. Aggrieved by the same, the appellant has preferred this appeal.

5. It is also admitted fact that, already properties were

mortgaged with the State Bank of India which is having first charge over the

schedule mentioned properties. Considering this fact, while passing the order,

the learned trial Judge observed that subject to the charge claim of the bank

as well as the charge over the properties, the learned trial Judge has ordered

to create the second charge subject to the bank attaching B-Scheduled

properties and the fact is not denied by the appellant.

Page No.3/6

https://www.mhc.tn.gov.in/judis/ C.M.A.No.3090 of 2017

6. At the time of arguments, the main objection raised by the

appellant is that the properties worth several Crores of Rupees. So, the

appellant is not entitled to attach all the properties for the suit claim.

7. But as discussed above, since already charge had been

created by Bank and subject to the charge alone, the properties were attached

as per the order passed in I.A.No.111 of 2016 by the learned No.III,

Additional District Judge, Dharapuram. Further, there is no material evidence

on the side of the appellant to prove that the properties are valid more than

Crores of Rupees.

8. Considering the facts and circumstances of the case, to

safeguard the interest of the plaintiff it is just necessary, that the properties of

the defendant have to be attached. Accordingly, the order passed by the

learned No.III, Additional District Judge, Dharapuram, is justifiable one,

which requires no interference by this Court.

Page No.4/6

https://www.mhc.tn.gov.in/judis/ C.M.A.No.3090 of 2017

9. In this result, the Civil Miscellaneous Appeal is

dismissed, as devoid of merits and the order passed by the learned III District

Judge, Dharapuram, Tirupur District dated 07.10.2016 in I.A.No.111 of 2016

in O.S.No.207 of 2016 is confirmed. Consequently connected Civil

Miscellaneous petition is closed. No Costs.

01.04.2021 rri Index : Yes/No Speaking Order: Yes/No

Page No.5/6

https://www.mhc.tn.gov.in/judis/ C.M.A.No.3090 of 2017

T.V.THAMILSELVI,J.

rri

C.M.A.No.3090 of 2017 and C.M.P.No.18834 of 2017

01.04.2021

Page No.6/6

https://www.mhc.tn.gov.in/judis/

 
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