The court dismissed a suit for damages filed by a plaintiff company against a bank as settled out of court following representation from counsel.
Suit dismissed; refund of entire court fee granted to the plaintiff.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 15.02.2018
CORAM
THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN
C.S.No.383 of 2004
M/s.Nilgiri Aqua Mineral Pvt.Ltd.,
Rep.by its Director,
V.S.Narayanan,
Administrative Office,
Aarti Chambers, II Floor,
189, Anna Salai,
Chennai-600 006. ... Plaintiff
..Vs..
M/s.Punjab National Bank,
Rep.by its Chief Manager,
17, Rajaji Salai,
Chennai-600 001. ... Defendant
Plaint filed under Order IV Rule 1 O. S. Rules r/w Order VII Rule
1 C.P.C. praying to pass a judgment and decree:-
a)directing the Defendant Bank to pay damages of Rs.25,00,000/- (Rupees Twenty Five Lakhs Only) together with interest @ 18% per annum from the date of the Plaint till the date of realisation to the Plaintiff Company.
b)cost of the suit.
2
For Plaintiff : Mr.B.Natarajan
J U D G M E N T
Mr.B.Natarajan, learned counsel appearing for the plaintiff, by
letter dated 25.01.2018, stated that the suit may be dismissed as
settled out of Court. A letter written to him by the plaintiff Company
was also annexed. He has also made an endorsement to that effect in
the plaint.
2.In view of the same, the suit is dismissed as settled out of
Court. The plaintiff is entitled to refund the entire Court fee. There will
be an order to refund the entire Court fee in favour of the plaintiff.
15.02.2018
KP
Index : Yes/ No
Internet : Yes/ No
Speaking Order/ Non-speaking Order
Note : The Registry is directed to issue cheque for refund the court fee to the learned counsel for the plaintiff.
3
To
The Sub Assistant Registrar, Original Side, High Court, Madras.
R.SUBRAMANIAN, J.
KP
4
C.S.No.383 of 2004
15.02.2018
M/s. Nilgiri Aqua Mineral Pvt. Ltd.
M/s. Punjab National Bank
R. Subramanian
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
