K.Jayaraman v. Biostan Indian Pharmaceuticals

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 14.03.2024

CORAM:

THE HONOURABLE MR.JUSTICE A.A.NAKKIRAN C. S.No.814 of 2006 and A.No.6376 of 2023 K.Jayaraman ... Plaintiff vs.

1.Biostan Indian Pharmaceuticals Vaniputur T.N.Palayam 638 506 Gopi (Tk) Erode (dt) Tamilnadu Represented by its Partner K.Tamizharasu 2.K.Tamizharasu 3.R.Jamuna Rani ... Defendants Prayer:- Civil Suit filed under Order VII Rule 1 & 2 of High Court Original Side Rules read with Order XXXVII Rule 1 & 2 of CPC, praying for the following judgment and decree against the defendants: a) directing the defendants to pay a sum of Rs.83,10,029/- together with interest at 12% per annum on the principal sum of Rs.74,05,180/- from the date of plaint till the date of realisation. b) directing the defendants to pay the costs of the suit 1/3

For Plaintiff : Mr.K.N.Nataraaj For Defendants : Mr.V.Srikanth

JUDGMENT

When the matter was taken up today, the learned counsel for the plaintiff and the defendants submitted that the matter has been compromised between the parties. Pursuant to the same, they have filed a Joint Memorandum of Compromise dated 27.02.2024 which has been duly signed by them and their respective counsel. The said Joint Memorandum of Compromise is recorded.

2. In view of the same, the suit is decreed in terms of the Joint Memorandum of Compromise entered between the parties and the above Joint Memorandum of Compromise shall form part of the decree. The Court Fee is ordered to be refunded as per law. Consequently, connected application is closed.

14.03.2024 Index:Yes/No (3/3) Speaking/Non-speaking order uma 2/3

A.A.NAKKIRAN,J.

uma C.S No.814 of 2006 and A.No.6376 of 2023 (3/3) 14.03.2024 3/3