M/s Kalasakthi Enterprises Pvt. Ltd. v. R Maheswari and another
Case brief
What is this about?
Security for suit claim; attachment before judgment; mortgage over seven scheduled properties; Judge's summons; rival valuation reports (plaintiffs 12.01.2026 ~Rs.20 crores; defendants 13.01.2026 Rs.41,30,15,000/-); suit claim Rs.11,41,54,165/-; precept to District Munsif, Thiruvannamalai; Kalasakthi Enterprises Pvt. Ltd.; Natrajan; S.J. Kala Agro Foods Pvt. Ltd.; R.Maheswari; Sai Kriba; counsel Shiva P (applicants) and K.Alakendran (respondents); A No. 749 of 2025 in C.S.(Comm.Div)No.245 of 2024; Madras High Court Commercial Division; Senthilkumar Ramamoorthy, J.; decided 19-01-2026.
What did the court decide?
Application disposed of; the order records no direction to the defendants to furnish fresh security or for attachment before judgment, the court having noted that the suit claim is adequately secured by the existing mortgage.