The Madurai Bench of the Madras High Court, in a civil appeal matter, granted the petitioners an extension of time for four weeks to pay 25% of the decretum amount, noting that the respondent did not appear.
Time granted for four weeks from today for payment of 25% of Rs.74,00,227/.
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BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT ( Civil Appellate Jurisdiction )
Friday, the First day of September Two Thousand Seventeen
PRESENT
The Hon`ble Mr.Justice M.M.SUNDRESH
and
The Hon`ble Mr.Justice N.SATHISH KUMAR
CMP(MD) No.8162 of 2017 IN AS(MD) No.16 of 2015
1 SHRI.MAHAVIR FERRO ALLOYS PVT.LTD.,
COMPANY REGISTERED UNDER THE INDIAN COMPANIES ACT, VIDE REGISTRATION NO.U27320R1996PTC004602
REP BY ITS MANAGING DIRECTOR,
VICKY JAIN HAVING ITS REGISTERED OFFICE AT L/10, CIVIL TOWNSHIP, ROURKELA 769 004.
2 VICKY JAIN,
3 SURESH CHAND JAIN,
4 SUDHANSU PATI,
5 MANISH KUMAR, ... PETITIONERS/PETITIONERS/ APPELLANTS
Vs
M/S.VEESONS ENERGY SYSTEMS PVT.LTD.,
COMPANY REGISTERED UNDER THE INDIA COMPANIES ACT, REP.BY ITS MANAGING DIRECTOR, V.RAMAKRISHNAN, REGISTERED OFFICE AT
C-14/2,INDUSTRIAL ESTATE,
THUVAKUDI, TRICHIRAPPALLI-620 015. ... RESPONDENT/RESPONDENT/ RESPONDENT
Petition praying that in the circumstances stated therein and in the affidavit filed therewith the High Court will be pleased to extend the time granted for payment of 25% of Rs.74,00,227/- (i.e. Rs.18,50,056.75) (Rupees Eighteen Lakhs Fifty thousand and Fifty six and seventy five paisa) in order dated 11.11.2016 in M.P.No.1 of 2015 in A.S.No.16 of 2015 on the file of this Honourable Court, for a further period of six weeks and thus render justice.
Prayer in AS(MD). 16/ 2015 :
To allow this appeal by setting aside the Judgment and Decree dated 27.06.2014 in O.S.No.116 of 2009 on the file of the I https://hcservices.ecourts.gov.in/hcservices/ Additional District Judge (PCR), Tiruchirappalli and allow the appeal and thus render justice.
ORDER : This petition coming on for orders upon perusing the petition and the affidavit filed in support thereof and upon hearing the arguments of M/S.PALARAMASAMY, Advocate for the petitioners and of Respondent not appearing either in person or by an advocate, the court made the following order:-
The learned counsel for the petitioners would submit that some more time may be granted for payment of 25% of Rs.74,00,227/(i.e.Rs.18,50,056.75) and he further submit that to show the bonofide copy of the demand draft of the said amount is also annexed along with the petition.
Considering the above, time is granted for four weeks from today.
Sub-Assistant Registrar (C.S.) Madurai Bench of Madras High Court,
Madurai - 625 023.
TO
THE I ADDITIONAL DISTRICT JUDGE, (PCR) TIRUCHIRAPALLI
+1. C.C. to MR.AN.RAMANATHAN Advocate SR.No.29739
SMA/RR-BS/SAR-1/04.09.2017:2P/3C
1 issue framed by the court
Whether to grant an extension of time for payment of a specified percentage of a decretum amount.
SHRI.MAHAVIR FERRO ALLOYS PVT.LTD.
VICKY JAIN
SURESH CHAND JAIN
SUDHANSU PATI
MANISH KUMAR
M/S.VEESONS ENERGY SYSTEMS PVT.LTD.
M.M.SUNDRESH
N.SATHISH KUMAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
