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Margadarsi Chits Private Limited vs R.S.Raghavan
2023 Latest Caselaw 14899 Mad

Citation : 2023 Latest Caselaw 14899 Mad
Judgement Date : 24 November, 2023

Madras High Court

Margadarsi Chits Private Limited vs R.S.Raghavan on 24 November, 2023

Author: T.V.Thamilselvi

Bench: T.V.Thamilselvi

                                                                               CRP. No. 2381 of 2023




                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                      DATED: 24.11.2023

                                                           CORAM:

                                   THE HON'BLE MRS.JUSTICE T.V.THAMILSELVI

                                                      CRP No. 2381 of 2023

                     Margadarsi Chits Private Limited
                     Represented by its Branch Manager & Foremen
                     3rd Floor, Keshyab Enclave
                     13-a, Velachery Main Road,
                     Velachery, Chennai – 600 042.
                                                                                ...Petitioner
                                                              Vs.
                     1.R.S.Raghavan
                     2.M.Sampath Kumar
                     3.K.Venkatesh
                     4.S.Prabakar
                     5.R.Thirumalainambi
                     6.S.Govind
                     7.N.Venkateswaran
                                                                              ....Respondents
                     PRAYER : This petition filed under Section 115 of CPC, to set aside the
                     fair and decreetal order dated 20.04.2023 in EP No. 4170 of 2021 in A.R.C
                     No. 1037 of 2008 on the file of the XXVII Assistant City Civil Court,
                     Chennai.
                                     For Petitioner     : Mr.D.Shivakumaran
                                     R1 left



                     1

https://www.mhc.tn.gov.in/judis
                                                                                    CRP. No. 2381 of 2023

                                        For R1 & R4 : Vacated
                                        For R5        : Not Appeared
                                        For R6 and R7 : unclaimed
                                        For R3         : D.Lakshmipathy

                                                             ORDER

This petition has been filed to set aside the fair and decreetal order

dated 20.04.2023 in EP No. 4170 of 2021 in A.R.C No. 1037 of 2008 on the

file of the XXVII Assistant City Civil Court, Chennai.

2. The petitioner herein filed EP No. 4170 of 2021 in ARC No. 1037

of 2008, on the file of the XXVII Assistant City Civil Court, Chennai. The

said petition was dismissed by the Court Below. Challenging the same the

petitioner filed this petition.

3. Heard the learned counsel for the petitioner and the learned counsel

for the petitioners.

4. On perusal of the records, it reveals that arbitration award was

passed in ARC No. 1037 of 2008 in the year 2009. Thereafter, the decree

holder filed E.P No.4170 of 2021 in ARC No. 1037 of 2008 to execute the

same, but the executing court dismissed the execution petition stating that in

Form 2 of the award address of the Court not been properly mentioned.

Further, to substantiate his claim the petitioner relied the ratio laid down in

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

Kotak Mahindra Bank Ltd Vs. Sivakam Sundari reported in 2011 CTC

11(6):

It must be noted that any award passed by the Registrar of Chits under Section 69 of the Tamil Nadu Chit Funds Act, 1982, is also made executable by a civil Court, as if it is a decree of Court, by virtue of Section 71 of the Act. No demand is made for the transmission of those awards. Therefore, it is not proper to import the provisions of Order XXI, Rules 5 and 6 and demand an order for transmission. This principle shall apply not only to the case on hand where the X Assistant Judge, City Civil Court, Chennai, has made such a demand, but would also apply to every other Court, including the Original Side of this Court. Neither the Court to which an execution petition is presented can demand the same to be transmitted from some other Court, nor an award holder entitled to approach any other Court seeking transmission, except in cases where only part satisfaction is recorded in execution by one Court and the remaining portion is required to be executed as against the property situate within the jurisdiction of any other Court.

5. This court is of the view that it is curable defect but the Court

below erroneously dismissed the execution petition as such is liable to be

set aside. Further, Judgment relied by the learned counsel for the petitioner

is applicable to the fact of the present case. Hence, the order passed by the

Trial Court in EP No. 4170 of 2021 is set aside and also the Trial court is

directed to take the execution petition on file and dispose the same on

merits. Accordingly, this petition is allowed. No cost.

24.11.2023

pbl

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

T.V.THAMILSELVI,J.

Pbl

To

1. The XXVII Assistant City Civil Court, Chennai.

24.11.2023

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

 
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