The Board of Trustees v. M/S. Priya Ltd.
Case brief
What is this about?
Chennai Port Trust appeal dismissed as settled out of court; refund of court fee ordered under Section 69A of the Tamil Nadu Court-Fees and Suits Valuation Act, 1955. APPEAL(CAD) No. 40 of 2024 and C.M.P.No.21496 of 2024, Madras High Court, C.V. Karthikeyan J. and K. Kumaresh Babu J., decided 24-02-2026. Challenge under Section 13 of Commercial Court Act to judgement and decree dated 08.12.2022 in COS No.505 of 2022 of the District Judge, Commercial Court at Egmore. Parties: Board of Trustees of the Chennai Port Trust (appellant, counsel K. Lavan) v. M/s. Priya Limited subrogee New India Assurance Co. Ltd. (R1, counsel Nageswaran), Maersk Sealand/Maersk Taiwan Ltd. owners of M.V. Marstal Maersk (R2, counsel Bijai Sundar), and Senthil Kumar Transport Carrier (R3). Joint memo dated 24.02.2026 recorded settlement between plaintiff and 1st defendant and withdrawal of appeal; refund directed to the account of the Chairman, Chennai Port Authority (new name of Chennai Port Trust); no costs; connected miscellaneous petition closed; reference noted to High Court of Judicature at Madras v. M.C. Subramaniam, 2021 (3) SCC 560.