A Chinnadurai v. The Member Secretary, Chennai Metropolitan Development Authority and 4 others
Case brief
What is this about?
Interim application in a commercial suit over a Koyambedu market godown mortgaged to REPCO Bank. The court recorded the parties' agreement that CMDA pay Rs.9.42 crore to the bank for release of title deeds and fixed deposit Rs.1.17 crore with the Registrar General.
What did the court decide?
CMDA to pay Rs.9,42,83,702/- to REPCO Bank for return of title deeds and mortgage discharge; FD of Rs.1,17,16,298/- with Registrar General until suit disposal.