B Aasaithambi Proprietor of Shri Raghavendra Constructions v. G Vijayakumar and 6 others
Case brief
What is this about?
Madras High Court, Commercial Division; C.S. (Comm.Div.) No.93 of 2025 and O.A. Nos.358 & 359 of 2025; B. Aasaithambi v. G. Vijayakumar and others; Justice N. Senthilkumar; decided 29.10.2025; specific performance of Joint Development Agreement dated 15.06.2022; alternative relief of repayment of Rs.1,25,00,000 (one crore twenty five lakhs) with 24% interest; declaration that Memorandum of Deposit of Title deeds dated 27.09.2024 (defendants 6 and 7) is sham and nominal; permanent injunction against alienation and construction; settlement of Rs.6,00,000 by fourth defendant; Memorandum of Compromise taken on record; suit disposed of / withdrawn; no costs; court fee refund as per existing rules; compromise decree; no precedents cited.
What did the court decide?
Suit disposed of in terms of the Memorandum of Compromise recording settlement of Rs.6,00,000/- by the fourth defendant in favour of the plaintiff; no costs awarded; plaintiff entitled to refund of court fee as per existing rules. None of the substantive prayers (specific performance, repayment of Rs.1,25,00,000 with 24% interest, declaration regarding the Memorandum of Deposit of Title deeds dated 27.09.2024, injunctions) was adjudicated or granted.