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Madras High CourtOSA(CAD)/2/2023dismissed as settled out of court

Arvind Gupta v. Punjab National Bank

2026-03-12Honourable Mr Justice P. Velmurugan,Honourable Mrs.Justice K. Govindarajan Thilakavadi3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 12.03.2026

CORAM

THE HONOURABLE MR.JUSTICE P.VELMURUGAN and THE HONOURABLE MRS.JUSTICE K.GOVINDARAJAN THILAKAVADI O.S.A.(CAD) No. 2 of 2023 and C.M.P.Nos.3035 of 2023 and 11914 and 11915 of 2025 Arvind Gupta S/o.Late O.P.Gupta ... Appellant Vs.

1.

Punjab National Bank, Represented by its Chief Manager No.150, Luz Church Road, Mylapore, Chennai, Tamil Nadu - 600 004.

2.

Bhadreshwar Vidyut Pvt., Ltd., formerly known as M/s.OPGS Power Gujarat Pvt., Ltd., represented by its Director, Old No.41, New No.16, Thomas Nagar, Little Mount, Saidapet, Chennai - 600 015.

... Respondents Original Side Appeal filed under Section 13 of Commercial Courts Act read with Clause 15 of Letters Patent, to set aside the decree and judgment dated 10.11.2022 made in C.S.(Comm.Div.) No.216 of 2022 in rejecting the plaint suo motu.

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For Appellant :

Mr.Praveennath For Respondents :

Ms.Vinithra Srinivasan for M/s.NVS & Associates for R1 *****

J U D G M E N T

(Judgment of the Court was delivered by P.VELMURUGAN, J.) The present intra-Court appeal has been filed challenging the decree and judgment dated 10.11.2022 made in C.S.(Comm.Div.) No.216 of 2022.

2. Today, when the matter is taken up hearing, the learned counsel for the appellant filed a memo stating that the parties have reached a settlement with regard to the claims raised in this Appeal outside the Court and seeks permission to withdraw the appeal. The learned counsel has also made an endorsement to that effect.

3. In view of the above, the Original Side Appeal dismissed as being settled out of Court. The Registry is directed to refund the Court fee paid by the appellant as applicable under the Rules. Consequently, connected miscellaneous petitions are closed.

(P.V.,J.) (K.G.T.,J.) 12.03.2026 ms Speaking / Non-speaking order Index : Yes / No 2/3

P.VELMURUGAN, J., and K.GOVINDARAJAN THILAKAVADI, J., ms O.S.A.(CAD) No.2 of 2023 and C.M.P.Nos.3035 of 2023 & 11914 and 11915 of 2025 12.03.2026 3/3