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P.N.Krishnan, vs R.Shanmugaraj,
2026 Latest Caselaw 2061 Mad

Citation : 2026 Latest Caselaw 2061 Mad
Judgement Date : 20 April, 2026

[Cites 1, Cited by 0]

Madras High Court

P.N.Krishnan, vs R.Shanmugaraj, on 20 April, 2026

                                                                     CMP No. 9257 of 2026


                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS
                                              DATED: 20-04-2026
                                                    CORAM
                                      THE HON'BLE MRS.JUSTICE N. MALA
                                              CMP No. 9257 of 2026
                                                      IN
                                              AS NO. 447 OF 2026
                P.N.Krishnan,
                S/o.P.S.Natarajan,
                No.41/4, Site No.80,
                Thirumurugan Nagar, 4th Cross Street,
                Coimbatore -641 041.

                Rep. by his Power Agent,
                Gayathri,
                Wife of Mohan,
                Door No.804, B Building,
                Raheja Heights, OFF Film City Road,
                Opposite to Sarawat Bank,
                Mumbai -400 097.
                State of Maharashtra.
                                                                        ..Appellant(s)
                                                      Vs
                1. R.Shanmugaraj,
                   S/o.A.Ramasamy,
                   Old No.13-1, New No.46,
                   Thiyagaraya New Street No.2,
                   Coimbatore -641 001.
                2. M/s.DHFL Vysa Housing Finance Limited,
                   Rep. by its Authorized Officer,
                   No.382C Manian Corner,
                   DB Road, RS Puram,
                   Coimbatore -641 002.

                3. M/s.State Bank of India,
                   Rep. by its Authorized Officer,
                   Veerakeralam Branch,
                   1/1 Sf No.69/2, Mariamman Koil Street,
                   Veerakeralam,
                   Coimbatore -641 007.

                                                                              __________
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                                                                                 CMP No. 9257 of 2026




                                                                                 ..Respondent(s)
                                                  AS No. 447 of 2026
                P.N.Krishnan,
                S/o.P.S.Natarajan, No.41/4 Site No.80,
                Thirumurugan Nagar, 4th Cross Street, Coimbatore
                -641 041. Rep. by his Power Agent, Gayathri,
                Wife of Mohan, Door No.804, B Building, Raheja
                Heights, OFF Film City Road, Opposite to Sarawat
                Bank, Mumbai -400 097. State of Maharashtra.
                                                                                     Appellant(s)
                                                           Vs
                1. R.Shanmugaraj,
                   S/o.A.Ramasamy, Old No.13-1, New No.46,
                   Thiyagaraya New Street No.2, Coimbatore -641
                   001.
                2. M/s.DHFL Vysa Housing Finance Limited,
                   Rep. by its Authorized Officer,
                   No.382C Manian Corner,
                   DB Road, RS Puram,
                   Coimbatore -641 002.

                3. M/s.State Bank of India,
                   Rep. by its Authorized Officer,
                   Veerakeralam Branch,
                   1/1 Sf No.69/2, Mariamman Koil Street,
                   Veerakeralam,
                   Coimbatore -641 007.
                                                                                   Respondent(s)

                                                 CMP No. 9257 of 2026
                                  To stay the operation of the Judgment and Decree dated 07.10.2025
                passed in O.S.No.670 of 2008 by the Honble Fifth Additional District Judge,
                Coimbatore, pending disposal of the Appeal Suit and thus render justice.
                                                  AS No. 447 of 2026
                                  To set aside the Judgment and Decree dated 07.10.2025 in
                O.S.No.670 of 2008 on the file of the Fifth Additional District Judge,
                Coimbatore, with cost throughout and allow the Appeal and thus render justice.

                                                                                         __________
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                                                                                   CMP No. 9257 of 2026


                                                   CMP No. 9257 of 2026
                              For Appellant(s):           A.Mohamed Ismail
                                                          T.Venugopal
                                                          A.Arshath Ahamed

                              For Respondent(s):

                                                          ORDER

(1) The petitioner has filed the above miscellaneous petition seeking to stay

the operation of the Judgment and Decree dated 07.10.2025 passed in

O.S.No.670 of 2008 by the Honble Fifth Additional District Judge,

Coimbatore, pending disposal of the Appeal Suit.

(2) The learned counsel for the petitioner submitted that the issue in the

Appeal was regarding the genuineness of the alleged Sale Agreement,

particularly, with respect to the meagre consideration reflected in the suit

Sale Agreement. The learned counsel further submitted that the 1 st

respondent/plaintiff failed to prove his readiness and willingness to

perform their part of the contract as envisaged under Section 16[c] of the

Specific Relief Act and therefore, the Trial Court erred in decreeing the

suit. The learned counsel submitted that the petitioner has an arguable

case on the aforesaid grounds and if the decree is executed pending

appeal, grave and irreparable loss and hardship would be caused to the

petitioner/defendant and hence, prayed for interim orders.

(3) I find a prima facie case is made out for grant of interim orders and the

balance of convenience is also in favour of the petitioner.

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(4) Hence, there shall be an order of interim stay of operation of the

Judgment and Decree dated 07.10.2025 passed in O.S.No.670 of 2008

by the learned V Additional District Judge, Coimbatore,, till 12.06.2026.

(5) Notice to the respondents through Court as well as privately returnable by

12.06.2026.

(6) Post the matter on 12.06.2026.

20-04-2026

AP Internet:Yes

1. R.Shanmugaraj, S/o.A.Ramasamy, Old No.13-1, New No.46, Thiyagaraya New Street No.2, Coimbatore -641 001.

2. M/s.DHFL Vysa Housing Finance Limited, Rep. by its Authorized Officer, No.382C Manian Corner, DB Road, RS Puram, Coimbatore -641 002.

3. M/s.State Bank of India, Rep. by its Authorized Officer, Veerakeralam Branch, 1/1 Sf No.69/2, Mariamman Koil Street, Veerakeralam, Coimbatore -641 007.

__________ Page4 of 5 https://www.mhc.tn.gov.in/judis

N.MALA, J.

AP

IN AS NO. 447 OF 2026

20-04-2026

__________ Page5 of 5 https://www.mhc.tn.gov.in/judis

 
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