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Nandha Energy Limited vs Yajur Commodities Limited
2024 Latest Caselaw 14918 Mad

Citation : 2024 Latest Caselaw 14918 Mad
Judgement Date : 1 August, 2024

Madras High Court

Nandha Energy Limited vs Yajur Commodities Limited on 1 August, 2024

Author: P.Velmurugan

Bench: P.Velmurugan

                                                                        Civil Suit (Comm.Div.) No.420 of 2018




                                    IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                      Dated : 01.08.2024

                                                           CORAM

                                  THE HONOURABLE Mr. JUSTICE P.VELMURUGAN

                                           Civil Suit (Comm.Div.) No. 420 of 2018
                                                            and
                                                     O.A.No. 604 of 2018


                     Nandha Energy Limited
                     Having its registered office at
                     South India Film Chamber of Commerce
                     Phase I, III Floor, 605 and 606 TR Sundram Avenue
                     Thousand Lights, Chennai – 600 006
                     Rep.by its Authorized Signatory.                                      ... Plaintiff

                                                              Vs.

                     1.           Yajur Commodities Limited
                                  (Previously known as Virtuous Urja Limited)
                                  Having office at
                                  25D, Raja Annamalai Chettiar Road
                                  Purasawalkam, Chennai – 600 084.

                     2.           Clenergen India Private Limited
                                  (Company under Liquidation)
                                  Represented by the Official Liquidator
                                  Office of The Official Liquidator
                                  High Court, Madras
                                  2nd Floor Corporate Bhawan
                                  No.29, Rajaji Salai, Chennai – 600 001.

                     3.           Harshavardhan Agarwal

                      1/5
https://www.mhc.tn.gov.in/judis
                                                                        Civil Suit (Comm.Div.) No.420 of 2018




                                  Director
                                  Yajur Commodities Limited
                                  25D, Raja Annamalai Chettiar Road
                                  Purasawalkam, Chennai – 600 084.

                     4.           K.V.Srinivasan
                                  Yajur Commodities Limited
                                  25D, Raja Annamalai Chettiar Road
                                  Purasawalkam, Chennai – 600 084.

                     5.           Kailash Chandra Agarwal
                                  Director
                                  Yajur Commodities Limited
                                  25D, Raja Annamalai Chettiar Road
                                  Purasawalkam, Chennai – 600 084.                       ... Defendants

                     Prayer:-
                                  Civil Suit has been filed under Order IV, Rule 1 of the Madras High
                     Court Original Side Rules read with Order VII Rule 1 of Code of Civil
                     Procedure, 1908 prays for a judgment and decree for :


                                  a) direct the defendant Nos.1, 3, 4 and 5 to pay a sum of
                     Rs.2,00,00,000/- (Rupees Two Crores only) to the plaintiff as damages
                     caused by instituting malicious and wrongful proceedings under the
                     provisions of the Companies Act and continuing the same under the
                     Insolvency and Bankruptcy Code against the plaintiff ;


                                  b) declare that the plaintiff is not liable to make any payments to
                     the defendant No.1 for sums due in respect of invoices pertaining to
                     Purchase Order No.202 dated 23.02.2011 and Purchase Order No.204

                      2/5
https://www.mhc.tn.gov.in/judis
                                                                           Civil Suit (Comm.Div.) No.420 of 2018




                     dated 21.03.2011;


                                  c) Issue an order of permanent injunction restraining defendant
                     No.1 and its officers/employees/agents and / or those claiming on its
                     behalf from in any manner claiming sums due in respect of invoices
                     pertaining to Purchase Order No.202 dated 23.02.2011 and Purchase
                     Order No.204 dated 21.03.2011 from the plaintiff; and


                                  d) direct the defendant No.1 to pay the costs of the plaintiff.


                                  For Plaintiff       :      Mr.Rahul Balaji

                                  For Defendants      :      Mr.M.V.Swaroop
                                                             for D1, D3 and D5

                                                             Mr.B.Dhanraj for D2

                                                             No appearance for D4

                                                          JUDGMENT

This Court on 27.06.2024 has passed the following order :

''Since right of filing written statement by defendants had already been forfeited, the plaintiff is directed to file the proof affidavit of all the witnesses, if

https://www.mhc.tn.gov.in/judis Civil Suit (Comm.Div.) No.420 of 2018

any, for recording evidence, along with case management schedule on or before 31.07.2024.

List the matter on 01.08.2024. ''

2. It is seen that the plaintiff has not complied with order of this

Court dated 27.06.2024. Therefore, this Civil Suit is dismissed for

default. There shall be no order as to costs. Consequently, connected

pending application is closed.

01.08.2024 Index: Yes/No Speaking Order : Yes/No Neutral Citation Case : Yes/No ms

https://www.mhc.tn.gov.in/judis Civil Suit (Comm.Div.) No.420 of 2018

P.VELMURUGAN, J

ms

C.S.(Comm.Div.) No.420 of 2018

01.08.2024

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

 
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