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Bharathi Co-Operative Spinning ... vs M/S.Manavat Traders
2021 Latest Caselaw 1233 Mad

Citation : 2021 Latest Caselaw 1233 Mad
Judgement Date : 20 January, 2021

Madras High Court
Bharathi Co-Operative Spinning ... vs M/S.Manavat Traders on 20 January, 2021
                                                                                 A.S.(MD)No.60 of 2015

                          BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT

                                                  DATED : 20.01.2021

                                                        CORAM:

                                  THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR

                                                 A.S.(MD)No.60 of 2015
                                                in M.P.(MD)No.1 of 2015
                                          and A.S(MD)Nos.300 and 314 of 2008
                                           and M.P.(MD)Nos.1 and 1 of 2008

                Bharathi Co-operative Spinning Mils Limited
                Rep. By its Administrator                               ... Appellant in
                                                                           all A.S.


                M/s.Manavat Traders
                Rep. By its Manager cum Power of attorney
                A.N.Ayyappan                                             ... Respondent in
                                                                             A.S.(MD)No.60/2015

                M/s.Shri Selvalakshmi Cotton Corporation
                Rep. By its Partner A.N.Ayyapan                          ... Respondent in
                                                                             A.S.(MD)No.300/2008

                M/s.Shri Ragavendra Traders
                Rep. By its Partner R.M.Muthu                            ... Respondent in
                                                                             A.S.(MD)No.314/2008

                COMMON PRAYER: Appeal Suits filed under Section 96 of Civil Procedure
                Code, against the judgment and decree dated 05.01.2008 made in O.S.Nos.42, 49
                and 48 of 2005 respectively on the file of the Additional District Court / Fast
                Track Court No.2, Tuticorin.
                                        For Appellant   : Ms.K.Hemakarthikeyan

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                                                                                          A.S.(MD)No.60 of 2015

                                           (In all .A.Ss)

                                           For Respondent    : Mr.P.Thiagarajan
                                           (In all A.Ss)


                                                  COMMON JUDGMENT



                                  These Appeal Suits have been filed against the judgment and decree

                dated 05.01.2008 made in O.S.Nos.42, 49 and 48 of 2005, respectively on the file

                of the Additional District Court / Fast Track Court No.2, Tuticorin.



                                  2. It is represented by both sides that the parties have settled their

                disputes among themselves and they have entered into a “Compromise Memo”,

                dated 19.01.2021, which has been duly signed by both the parties and their

                respective counsel. A copy of the same has also been placed before this Court.



                                  3. Recording the same, these Appeal suits are disposed of in terms of the

                Compromise Memo, dated 19.01.2021 entered into between the parties and the

                said Joint Compromise Memo, dated 19.01.2021, shall form part of this Judgment.

                No costs. Consequently, connected miscellaneous petitions are also closed.



                                  4. It is represented by the learned counsel appearing for the appellant

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                                                                                          A.S.(MD)No.60 of 2015

                that this Court, on 07.11.2008, while granting stay in A.S.(MD)No.300 of 2008,

                directed the appellant to deposit 25% of the decree amount before the trial Court

                and accordingly, the appellant herein had deposited a sum of Rs.2,60,518/- (Two

                Lakhs Sixty Thousand Five Hundred and Eighteen only) before the trial Court.

                Hence, the appellant may be permitted to withdraw the said amount.


                                  5. In view of the submissions, the appellant is permitted to withdraw the

                amount, which is lying in the deposit to the credit of O.S.No.49 of 2005. The

                Registry is directed to refund the Court fee, as per law, since the matter is settled

                out of Court.


                vsm                                                             20.01.2021
                Index : Yes/No
                Internet : Yes/No

                Note: In view of the present lock down owing to COVID-19 pandemic, a web
                copy of the order may be utilized for official purposes, but, ensuring that the copy
                of the order that is presented is the correct copy, shall be the responsibility of the
                advocate/litigant concerned.

                To
                1.TheAdditional District Court / Fast Track Court No.2, Tuticorin.
                2.The Section Officer, Vernacular Records,
                  Madurai Bench of Madras High Court, Madurai.




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https://www.mhc.tn.gov.in/judis
                                                     A.S.(MD)No.60 of 2015

                                             N.SATHISH KUMAR, J.

vsm

A.S.(MD)No.60 of 2015 in M.P.(MD)No.1 of 2015 and A.S(MD)Nos.300 and 314 of 2008 and M.P.(MD)Nos.1 and 1 of 2008

20.01.2021

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

 
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