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M/S.Rajeswari Infrastructure ... vs Intec Capital Limited
2023 Latest Caselaw 13026 Mad

Citation : 2023 Latest Caselaw 13026 Mad
Judgement Date : 22 September, 2023

Madras High Court
M/S.Rajeswari Infrastructure ... vs Intec Capital Limited on 22 September, 2023
                                                                                       C.S.No.558 of 2019




                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                 DATED: 22.09.2023

                                                      CORAM:

                                   THE HONOURABLE MS.JUSTICE R.N.MANJULA

                                                 C.S.No.558 of 2019

                     1.M/s.Rajeswari Infrastructure Limited,
                       18/23, 2nd Cross Street,
                       East CIT Nagar, Nandanam,
                       Chennai - 600 035,
                       Represented by its Managing Director
                       G.Ramamurthy

                     2.G.Ramamurthy
                     3.R.Usha                               ...                Plaintiffs

                                                            versus

                     1.Intec Capital Limited,
                       701, Manjusha Building,
                       57, Nehru Place,
                       New Delhi - 110 019.
                       Represented by its M.D. Sanjeev Goel

                     2.The Branch Manager,
                       Intec Capital Limited,
                       31, Century Plaza,
                       560-562, Anna Salai,
                       Teynampet, Chennai - 600 018.        ...                Defendants

                     PRAYER: Civil Suit filed under Order IV Rule 1 of Original Side Rules
                     read with Order VII Rule 1 of the Code of Civil Procedure, praying for a
                     judgment and decree in favour of the plaintiffs against the first defendant :-

                     1/4


https://www.mhc.tn.gov.in/judis
                                                                                             C.S.No.558 of 2019




                                  (a) to pay a sum of Rs.2,86,10,347/- (Rupees Two Crores Eighty Six
                                     Lakhs Ten Thousand Three Hundred and Forty Seven only) to the
                                     plaintiffs along with interest at the rate of 18% P.A. from the date
                                     of plaint till the date of repayment and to pass such other suitable
                                     orders and consequently direct the defendants to release the
                                     collateral security properties to the plaintiffs;
                                  (b) costs of this suit.

                                         For Plaintiffs      : Mr.R.R.Pradheep
                                                               for Mr.R.Vijayakumar

                                         For Defendants      : Mr.Tarang K.Sancheti
                                                               for Mr.T.Saikrish


                                                            JUDGMENT

In view of the order passed in Application No.777 of 2023, the Civil

Suit in C.S.No.558 of 2019 is closed. The Court Fee paid is also ordered to

be refunded in accordance with law. No costs.

22.09.2023

Speaking order / Non Speaking Order Index : Yes / No Neutral Citation : Yes / No

sri

https://www.mhc.tn.gov.in/judis C.S.No.558 of 2019

Copy to :

1.The Sub Assistant Registrar, Original Side, High Court of Madras.

2.The Record Keeper, Original Side Records Section, High Court of Madras.

https://www.mhc.tn.gov.in/judis C.S.No.558 of 2019

R.N.MANJULA, J.

sri

C.S.No.558 of 2019

22.09.2023 [2/2]

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

 
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