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M/S.Trinethra Housing Projects ... vs V.Anjanaya Prasad [Deceased
2023 Latest Caselaw 7911 Mad

Citation : 2023 Latest Caselaw 7911 Mad
Judgement Date : 10 July, 2023

Madras High Court
M/S.Trinethra Housing Projects ... vs V.Anjanaya Prasad [Deceased on 10 July, 2023
                                                         C.S.(Comm.Div.)No.35 of 2021 & Tr.C.S.No.29 of 2022

                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                DATED : 10.07.2023

                                                      CORAM

                                    THE HONOURABLE Ms. JUSTICE P.T. ASHA

                                           C.S.(Comm.Div).No.35 of 2021
                                                        and
                                                Tr.C.S.No.29 of 2022
                                          and A.Nos.2680 and 3178 of 2021

                     [C.S.(Comm.Div).No.35 of 2021]

                     M/s.Trinethra Housing Projects Pvt. Ltd.,
                     Rep. By its Director
                     2/30, Railway Colony 2nd Street,
                     Nelson Manickam Road,
                     Chennai -600029                                               ...Plaintiff
                                                         Vs.

                     1.

V.Anjanaya Prasad [Deceased] [Amended as per order dated 14.012.2022 on memo in C.S.(Comm).No.35/2021]

2.V.Harish Prasad

3..Mrs.Parvathaneni Shalini Kumar (Since Deceased)

4.Mr. Parvathaneni Bhaskar Kumar

5.Sawan Kumar Parvathaneni ...Defendants

[3rd defendant impleaded as per order dated 28.09.2021 in A.No.3177/21]

[The 4th and 5th defendants are brought on record as LRs of the deceased 3rd defendant, as per the order in Appl.No.4469/2022 dt.27.10.2022]

https://www.mhc.tn.gov.in/judis C.S.(Comm.Div.)No.35 of 2021 & Tr.C.S.No.29 of 2022

[Tr.C.S.No.29 of 2022]

1.Mrs.V.Kamala Kumari ( Since Deceased)

2.V.Anjanaya Prasad

3.Mrs.Parvathaneni Shalini Kumar (Since Deceased)

4.V.Harish Prasad

5.Parvathaneni Bhaskar Kumar

6.Sawan Kumar Parvathaneni ...Plaintiffs

Vs.

M/s.Trinethra Housing Projects Pvt. Ltd., Rep. By its Director 2/30, Railway Colony 2nd Street, Nelson Manickam Road, Chennai -600029 ...Defendant

[Plaintiffs 2, 3 and 4 are impleaded as per order in A.No.3/2019 dated 19.01.2021]

[Plaintiffs 5 and 6 brought on record as Lrs of the deceased 3 rd plaintiff as per the order dated 14.12.2022 in A.No.5310/2022]

PRAYER in C.S.(Comm.Div).No.35 of 2021 : Plaint is filed under Under Order IV Rule 1 of Rules of Original Side Rules, read with Order VII, Rule 1, C.P.C. praying for:-

a) Directing the defendants to pay sum of Rs.2,00,00,000/- towards

the principal amount and Rs.3,78,00,000/- as accrued interest totaling

Rs.5,78,00,000/- together with 18% interest per annum on the principal sum

of Rs.2,00,00,000/- from the date of the plaint till the date of realization.

https://www.mhc.tn.gov.in/judis C.S.(Comm.Div.)No.35 of 2021 & Tr.C.S.No.29 of 2022

b) Directing the defendants to pay further sum of Rs.35,28,000/- paid

to the security agency from 01.01.2011 to 30.06.2021.

c) Directing the defendants to pay further sum of Rs.50,00,000/-

claimed towards mental agony, hardship and towads damages incurred by

the plaintiff due to non performance of the defendants in honouring their

commitment as per Joint Venture Agreement dated 08.12.2010.

d) Costs of the suit;

e) Pass such further orders as this Hon'ble Court may deem fit and

proper in the circumstances of the case and thus render justice.

For Plaintiff : M/s.V.Srinivasa Babu

For Defendants : Mr.K.C.Ramamurthy [D2, D4 &. D5] D1 and D3 [died]

PRAYER in Tr.C.S.No.29 of 2022 : Plaint is filed under Under Order VII Rule 1 CPC and Order IV Rule 1 of Rules of the High Court, Madras Original Side 1956, praying for:-

a) for a declaration that the Joint Venture Agreement dated

08.12.2010 entered into between the Plaintiff and the Defendant stands

terminated due to the breach committed by the Defendant in not performing

the terms of the Joint Venture Agreement dated 08.12.2010.

https://www.mhc.tn.gov.in/judis C.S.(Comm.Div.)No.35 of 2021 & Tr.C.S.No.29 of 2022

b) For the costs of the Suit;

c) and for such further or other reliefs as this Hon'ble Court may

deem fit and proper under the facts and circumstances of the case.

For Plaintiffs : Mr.K.C.Ramamurthy

For Defendant : M/s.V.Srinivasa Babu

COMMON JUDGMENT The plaintiff [in C.S.(Comm.Div).No.35 of 2021 and Defendant in

Tr.C.S.No.29 of 2022] and the defendants 2, 4 & 5 [in

C.S.(Comm.Div).No.35 of 2021 and Plaintiffs in Tr.C.S.No.29 of 2022]

have entered into a compromise which has been reduced into writing in a

Joint Memo of Compromise dated 26.06.2023. Both the parties have

appearned in person before this Court. The Joint Memo of Compromise is

signed by the plaintiff and the defendants and also by their respective

counsels. The said Joint Memo of Compromise dated 26.06.2023 is taken

on file.

https://www.mhc.tn.gov.in/judis C.S.(Comm.Div.)No.35 of 2021 & Tr.C.S.No.29 of 2022

2. Accordingly, the above Suits are decreed in terms of the Joint

Memo of Compromise dated 26.06.2023. The terms of Joint Memo of

Compromise signed by the plaintiff and the defendants shall form part and

parcel of this judgment and decree. Consequently, connected applications

are closed. No Costs.




                                                                                                 10.07.2023

                     Index       : Yes/No
                     Internet    : Yes/No
                     Neutral Citation : Yes/No
                     shr




                                                                                            P.T. ASHA, J,



https://www.mhc.tn.gov.in/judis C.S.(Comm.Div.)No.35 of 2021 & Tr.C.S.No.29 of 2022

shr

C.S.(Comm.Div).No.35 of 2021 and Tr.C.S.No.29 of 2022 and A.Nos.2680 and 3178 of 2021

10.07.2023

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

 
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