S.Perumalsamy v. K.M.Kishore
Case brief
What is this about?
S.Perumalsamy v. K.M.Kishore and Dr.K.Raveendar | O.S.A.No. 97 of 2024, Madras HC, decided 11.03.2025, Neutral Citation 2025:MHC:664 | Trial-court security order (A.No.6517/2023 in C.S.No.236/2023, dated 12.03.2024) directing furnishing of security Rs.1,36,26,739/- confirmed; OSA dismissed | Underlying suit: rendition of accounts under POA dated 10.06.2019 (doc no. 4539/2019, SRO Tambaram) and payment of sale consideration Rs.1,36,26,739/- (Rs.99,00,000/- principal + Rs.37,26,739/- interest at 24% p.a.) over Survey No. 24/3, Peerkankaranai Village, Tambaram Taluk | Appellant had admittedly sold the property (reply affidavit para 11) | Merits of suit claim left to trial | Appellant to comply with impugned order within 2 weeks | No costs | Connected C.M.P.No. 11591 of 2024 dismissed | Counsel: Ms.Preethi S Arasu for appellant.
What did the court decide?
Since the learned Judge proceeded on the admitted position that the suit property has been sold by the appellant — a position the appellant acceded to in his reply affidavit at paragraph 11 thereof — the court finds nothing untoward in the learned Judge's direction that security be furnished.