Shyam Swaminathan v. M/s. Orchid Homes
Case brief
What is this about?
Madras High Court order dated 02.04.2025 in CMP.No.26415 of 2024 in AS.No.980 of 2024 (order by S.M.Subramaniam, J.; bench with K.Rajasekar, J.). Stay petition under Section 151 CPC concerning O.S.No.689/2021, IV Additional Judge, City Civil Court, Chennai. Compliance with condition in interim order dated 24.01.2025 via deposit of Rs.25,00,000/-; amount to be kept in interest-bearing deposit in a nationalised bank until disposal of appeal. Parties: Shyam Swaminathan, R.Raghunandan, Srividya Raghunandan (appellants/defendants) v. M/s.Orchid Homes represented by V.Balasubramaniam (respondent/plaintiff). Advocates: C.Jagadish for appellants; M.Swetha for R.Gopinath for respondent.
What did the court decide?
Trial Court (IV Additional Judge, City Civil Court, Chennai) directed to deposit Rs.25,00,000/- in an interest-bearing deposit scheme with a nationalised bank and renew periodically till disposal of the appeal suit; appeal suit posted for final hearing after three weeks.