Disposed

P.Shankar v. M/s.Rich India Housing Pvt.Ltd

Madras HC5 Aug 2019CS/486/2017

Case brief

AI extract

What is this about?

A compromise suit filed under Order VII Rule 61 CPC was taken up for hearing. The court recorded the signed memo of compromise between the plaintiffs and defendants and decreed the suit in terms of the settlement. Connected applications were closed with no costs awarded.

What did the court decide?

Suit decreed in terms of the recorded memo of compromise; connected applications closed with no costs.

P.Shankar Vs M/s.Rich India Housing Pvt.Ltd — Contract and Commercial Disputes | Madras HC (2019)

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C.S.No.486 of 2017 and A.Nos.7114 of 2018 and 4495 of 2019

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

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DATED : 05.08.2019

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CORAM

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THE HONOURABLE MR.JUSTICE KRISHNAN RAMASAMY

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C.S.No.486 of 2017
and
A.Nos.7114 of 2018 and 4495 of 2019
1.P.Shankar
2.S.Arputham ... Plaintiffs
Vs.
1.M/s.Rich India Housing Pvt.Limited
Represented by its Director
M.D.Arulanandam
2.M.D.Arulanandam,
Director,
M/s.Rich India Housing Pvt. Limited.
3.M.D.Sebastian,
Director,
M/s.Rich India Housing Pvt. Limited.
4.K.Balaji,
Manager,
M/s.Rich India Housing Pvt. Limited
All are having busines at
No.12, 1 st Street, Subramanya Nagar,
Kodambakkam,
Chennai – 600 024. ... Defendants

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1/4

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http://www.judis.nic.in

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C.S.No.486 of 2017 and A.Nos.7114 of 2018 and 4495 of 2019

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Plaint filed under Order VII Rule 61 C.P.C. read with Order IV Rule 1 of the High Court Original Side Rules praying for:

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(a) To direct the defendants jointly and severally

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to pay the plaintiffs, a sum of Rs.1,41,60,825/- (Rupees One crore forty one lakhs sixty thousand and eight hundred twenty five only) with interest at the rate of 6% p.a on Rs.1,28,87,600/- (Rupees One crore twenty eight lakhs eighty seven thousand and six hundred only) from the date of plaint till the date of its realization.

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(b) direct the defendants to pay the cost of the suit to the plaintiffs and

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(c) To grant such other relief or reliefs that the Honourable Court may deem fit and proper in the circumstances of the case and thus render justice.

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For Plaintiffs : Mr.A.V.Arun For Defendants : Mr.M.Abdul Razack

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J U D G M E N T

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When the matter is taken up for hearing, it is submitted by the learned counsel appearing for the plaintiff that the matter has been resolved between the parties. Today, a memo of compromise duly signed by the parties and attested by their respective counsel, has been filed.

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http://www.judis.nic.in

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C.S.No.486 of 2017 and A.Nos.7114 of 2018 and 4495 of 2019

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The said memo of compromise is recorded. The suit is

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decreed in terms of the memo of compromise. The memo of compromise shall form part of the decree. No costs. Consequently,

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the connected Applications are closed.

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05.08.2019
AT

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3/4

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http://www.judis.nic.in

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C.S.No.486 of 2017 and A.Nos.7114 of 2018 and 4495 of 2019

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KRISHNAN RAMASAMY,J.

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C.S.No.486 of 2017
and
A.Nos.7114 of 2018 and 4495 of 2019
05.08.2019

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4/4

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http://www.judis.nic.in

P.Shankar v. M/s.Rich India Housing Pvt.Ltd

Case brief

What is this about?

What did the court decide?

P.Shankar v. M/s.Rich India Housing Pvt.Ltd

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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