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M/S.S.B.International vs M/S.Standard Chartered Bank
2021 Latest Caselaw 11722 Mad

Citation : 2021 Latest Caselaw 11722 Mad
Judgement Date : 15 June, 2021

Madras High Court
M/S.S.B.International vs M/S.Standard Chartered Bank on 15 June, 2021
                                                                                C.S.Nos.252 & 237 of 2008

                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS
                                                    DATED: 15.06.2021
                                                         CORAM:
                                   THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN
                                                C.S.Nos.252 & 237 of 2008

                     C.S.No.252 of 2008

                     1.M/s.S.B.International
                       represented by its Proprietor,
                       Mr.Mohammed Saud Ali (Deceased)

                     2.Sahani Begum
                     3.S.Parvez Ahmed
                     4.S.Jawed Ahmed
                     5.Shahnaz Begum
                     6.S.Kurshid Ahmed                                                     ...Plaintiffs

                                                            Vs.

                     M/s.Standard Chartered Bank
                     Small Medium Enterprises Banking
                     Consumer Banking Ground Floor,
                     Jayalakshmi Estates,
                     No.8, Haddows Road,
                     Nungambakkam, Chennai – 6.                                          ...Defendant


                     Prayer in 252 of 2008: Plaint filed under Order VIII Rule 1 of C.P.C., r/w
                     Order IV Rule 1 of the Original Side rules, praying as follows:-
                                   a) sum of Rs.10,00,000/- towards compensation in lieu of the loss
                     suffered in business from February 2006 till 31.03.2007

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                                                                                   C.S.Nos.252 & 237 of 2008

                                   b) sum of Rs.1,50,00,000/- towards the damages for the loss of
                     goodwill and reputation in the plaintiff's business circle.
                                   c) cost of the suit
                                   d) pass such further or other orders as this Hon'ble Court may
                     deem fit and proper in the circumstances of the case and thus render justice.


                     C.S.No.237 of 2008

                     M/s.Shahnaz Leathers
                     represented by its Managing Partner,
                     Mr.Mohammed Saud Ali,
                     No.7, Ramasamy Pillai Street,
                     Barracks Road, Periamet,
                     Chennai – 600 003.                                                        ...Plaintiff

                                                            Vs.

                     M/s.Standard Chartered Bank
                     Small Medium Enterprises Banking
                     Consumer Banking Ground Floor,
                     Jayalakshmi Estates,
                     No.8, Haddows Road,
                     Nungambakkam, Chennai – 6.                                             ...Defendant
                     Prayer in 237 of 2008: Plaint filed under Order VIII Rule 1 of C.P.C., r/w
                     Order IV Rule 1 of the Original Side rules, praying as follows:-
                                   a) sum of Rs.25,00,000/- towards compensation in lieu of the loss
                     suffered in business from February 2006 till 31.03.2007
                                   b) sum of Rs.2,00,00,000/- towards the damages for the loss of
                     goodwill and reputation in the plaintiff's business circle.


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                                                                                 C.S.Nos.252 & 237 of 2008

                                   c) cost of the suit
                                   d) pass such further or other orders as this Hon'ble Court may
                     deem fit and proper in the circumstances of the case and thus render justice.


                                   For Plaintiffs in both the suits         : Mr.Jayesh Dolia
                                   For Defendant in both the suit : Mrs.G.Shanthi Meenakshi
                                                                      for Mr.V.Adhivarahan


                                                  COMMON JUDGMENT
                                   Mr.Jayesh Dolia, learned counsel appearing for the plaintiffs in

                     both the suits would submit that both the suits are settled out of Court

                     hence, the suits may be dismissed as settled out of Court.

                                   2.Recording the said statement, these suits are dimissed as settled

                     out of Court. No costs. The entire Court fee paid is directed to be refunded

                     to the 4th plaintiff in C.S.No.252 of 2008 by issue of a cheque in the name of

                     the 4th plaintiff as requested by the counsel appearing for the plaintiffs.




                                                                                           15.06.2021
                     kkn

                     Internet:Yes


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                                                                            C.S.Nos.252 & 237 of 2008

                     Index:No
                     Non-Speaking




                     List of witness and documents filed on the side of the plaintiffs in both
                     the suits:

                     Nil

                     List of witness and documents filed on the side of the defendant in both
                     the suits:

                     Nil



                                                                                      15.06.2021
                     kkn




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                                          C.S.Nos.252 & 237 of 2008




                                      R.SUBRAMANIAN, J.

KKN

C.S.Nos.252 & 237 of 2008

https://www.mhc.tn.gov.in/judis/ C.S.Nos.252 & 237 of 2008

15.06.2021

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

 
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