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M/S.Jain Capitals vs Raj Bai Anusuya Devi Gulechha
2022 Latest Caselaw 7590 Mad

Citation : 2022 Latest Caselaw 7590 Mad
Judgement Date : 11 April, 2022

Madras High Court
M/S.Jain Capitals vs Raj Bai Anusuya Devi Gulechha on 11 April, 2022
                                                                        C.S.No.651 of 2015


                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED : 11.04.2022

                                                     CORAM

                           THE HON'BLE MRS.JUSTICE V.BHAVANI SUBBAROYAN

                                               C.S.No.651 of 2015

                     M/s.Jain Capitals
                     A Partnership Firm
                     Represented by its Partner,
                     L.V.Sathyanarayan,
                     No.164, Linghi Chetty Street,                           ... Plaintiff
                     Chennai – 600 001.

                                                      Vs.

                     1.Raj Bai Anusuya Devi Gulechha
                        Memorial Charitable Trust,
                      Represented by its Managing Trustee,
                      Mr.Jaikumar Jain,
                      Plot No.314, Door No.1/4,
                      Kamaraj Nagar, 4th Main Road,
                      Thiruvanmiyur, Chennai – 600 041.

                     2.Housing and Urban Development Corporation Ltd., (HUDCO)
                       Represented by its Senior Manager,
                       Regional Office:
                       5th Floor, CMDA Tower-1,
                       Gandhi-Irwin Road, Egmore,
                       Chennai – 600 008.

                     3.M/s.Shri Krishna Trust,
                       Represented by its Managing Trustee,
                       No.8, Ponniamman Koil Street,
                       Hasthinapuram, Chennai – 600 064.

https://www.mhc.tn.gov.in/judis
                     1/4
                                                                                   C.S.No.651 of 2015


                     4.The Recovery Officer,
                       Debts Recovery Tribunal – I,
                       6th Floor, Spencer Towers,
                       Anna Salai, Chennai – 600 002.                               ... Defendants

                     Prayer: Plaint filed under Order IV Rule 1 of Original Side Rules and
                     Read with under Order VII Rule 1 of the CPC, to pass a judgment and
                     decree: (a) directing the 1st defendant herein to pay to the plaintiff a sum
                     of Rs.4,00,00,000/- (Rupees Four Crores only) towards the principal and
                     a sum of Rs.1,00,00,000/- (Rupees One Crore only) towards interest in
                     all      totaling   to   Rs.5,00,00,000/-   (Rupees   Five    Crores     only)
                     Rs.4,00,00,000/- with future interest at the rate of 12% p.a. from the date
                     of plaint till the date of realization; (b) for a declaration that the auction
                     sale process of the suit property conducted by the 4th defendant on
                     30.09.2014 followed by the issuance of the Letter of Confirmation of
                     Sale of Immovable Property dated 13.05.2015 in favour of the 3rd
                     defendant is null and void and non-est in law as the same is vitiated by
                     fraud; (c) for a permanent injunction restraining the 4th defendant herein,
                     from and in any manner issuing the Sale Certificate in respect of the suit
                     property in favour of the 3rd defendant or any other person pursuant to the
                     Letter of Confirmation of Sale of Immovable Property dated 13.05.2015
                     issued by the 4th defendant in favour of the 3rd defendant; (d) directing
                     the defendants 1 to 3 herein to pay the costs of this suit to the plaintiff;
                     and e) grant such further or other relief or reliefs as this Court may deem
                     fit, proper and necessary in the circumstances of the case and thus render
                     justice.



https://www.mhc.tn.gov.in/judis
                     2/4
                                                                                      C.S.No.651 of 2015


                                     For Plaintiff      : Mr.N.Rama Krishnan
                                                          for M/s.Waraon & Sai Rams
                                     For Defendants    : Mr.K.S.Sundar for D2

                                                       JUDGMENT

Learned counsel for the plaintiff seeks permission of this Court to

withdraw the suit and also seeks refund of Court fee. He also made an

endorsement to that effect in the Court bundle.

2.The same may be considered and paid as per the regulations.

3.In view of the above, this suit is dismissed as withdrawn. There

shall be no order as to costs.

11.04.2022 Index : yes/no Speaking Order:yes/no pam

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

C.S.No.651 of 2015

V.BHAVANI SUBBAROYAN, J.

pam

List of documents marked on the side of the plaintiff

Nil

List of witnesses examined on the side of the plaintiff

Nil

List of documents marked on the side of the defendants

Nil

List of witnesses examined on the side of the defendants

Nil

C.S.No.651 of 2015

11.04.2022

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

 
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