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M/S.Surana Industries Ltd vs M/S.Good Earth Maritime Ltd
2021 Latest Caselaw 19315 Mad

Citation : 2021 Latest Caselaw 19315 Mad
Judgement Date : 21 September, 2021

Madras High Court
M/S.Surana Industries Ltd vs M/S.Good Earth Maritime Ltd on 21 September, 2021
                                                                           C.S.No.190 of 2008



                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS
                                                DATED: 21.09.2021
                                                       CORAM:
                                   THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN
                                                C.S.No.190 of 2008

                     1.M/s.Surana Industries Ltd.,
                       Represented by its Managing Director,
                       Mr.Dineshchand Surana,
                       No.29, Whites Road, 2nd Floor,
                       Royapettah, Chennai – 600 014.

                     2.Mr.Ramakrishna Sadasivan, Company Liquidator,
                       M/s.Surana Industries Ltd.,
                        (a Company in Liquidation),
                       29, Whites Road, 2nd Floor, Royapettah,
                       Chennai – 600014.
                       (2nd Plaintiff impleaded as per order dated
                       03.12.2019 in Appl.No.8364 of 2019)                ...Plaintiffs

                                                        Vs.

                     1.M/s.Good Earth Maritime Ltd.,
                       Haveli No.2, North Crescent Road,
                       T.Nagar, Chennai – 600 017.

                     2.M/s.Bhoruka Steel Ltd.,
                       No.308, Thambu Chetty Street,
                       Chennai – 600 001.

                     3.Chennai Port Trust,
                       Represented by its Chairman,
                       Chennai – 600 001.


                     1/6


https://www.mhc.tn.gov.in/judis/
                                                                                           C.S.No.190 of 2008




                     4.M/s.Midland Resources Holding Ltd.,
                       P.O.Box 646, Havelet House,
                       South Esplanade Street, Peter Port,
                       Guernsey Channels Islands,
                       GIY 3JS.                                                         ...Defendants

                     Prayer: Plaint filed under Order VII Rule 1 of C.P.C., r/w. Order IV Rule 1
                     of the original side rules, praying to direct the defendants to jointly and
                     severally pay the plaintiff a sum of Rs.20 Crores with interest at 18% per
                     annum from the date of suit till the date of realization in full and for costs of
                     the suit.


                                            For Plaintiffs     : Mr.J.Manivannan
                                            For Defendants     : Mr.G.Balasubramanian for
                                                                  M/s.Poovayya & Co for D2
                                                                Mr.R.Karthikeyan for D3
                                                                Mr.S.Raghunathan for D1


                                                        JUDGMENT

Mr.J.Manivannan, learned counsel appearing for the Liquidator

has filed a memo seeking permission to withdraw the suit. He has also

prayed for refund of the Court fee. The said memo is taken on file and this

suit is dismissed as withdrawn.

https://www.mhc.tn.gov.in/judis/ C.S.No.190 of 2008

2.Considering the fact that the Court fee paid is huge, there will

be an order for refund of the Court fee paid, by issuing a cheque in favour of

Mr.S.Ramakrishna Sadasivan, Liquidator of the plaintiff Company. Cheque

to be handed over to Mr.J.Manivannan, learned counsel for the plaintiffs.

As far as the counter claim is concerned, the defendants are entitled to make

a claim before the learned Official Liquidator. The learned Official

Liquidator shall receive the claim and consider the same on merits de hors

the question of limitation, if the claim is filed within 60 days from today.

3.In view of the direction, the Court fee paid on the counter claim

is also directed to be refunded to the 2nd defendant by issuing a cheque in

the name of the 2nd defendant.

21.09.2021 kkn

Internet:Yes Index:No Non-Speaking

https://www.mhc.tn.gov.in/judis/ C.S.No.190 of 2008

List of witness and documents filed on the side of the plaintiffs:

Nil

List of witness and documents filed on the side of the defendants:

Nil

21.09.2021 kkn

https://www.mhc.tn.gov.in/judis/ C.S.No.190 of 2008

R.SUBRAMANIAN, J.

KKN

C.S.No.190 of 2008

https://www.mhc.tn.gov.in/judis/ C.S.No.190 of 2008

21.09.2021

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

 
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