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Madras High CourtCRL RC/417/2014disposed of

M/S.Kanakadhara Spinning v. Tvs Finance And Service Ltd

2016-11-30Honourable Mr Justice S. Manikumar3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 30.11.2016

CORAM

THE HONOURABLE MR.JUSTICE S.MANIKUMAR Crl.R.C.No.417 of 2014 and M.P.Nos.1 and 3 of 2014

1. M/s.Kanakadhara Spinning Mills (P) Ltd., Rep. by its Managing Director, Mr.M.A.Ananda Kumar

2. Mr.M.A.Ananda Kumar

3. M.G.A. Sulochana .. Petitioners Vs TVS Finance and Service Ltd., Rep. by its Authorised Signatory, Mr.Sai Kumar .. Respondent Criminal Revision filed under sections 397 and 401 of Criminal Procedure Code, calling for the records, revise by setting aside the order of dismissal made in Crl.M.P.No.610/2014 in CC.10818/2006 dt.28.3.14 on the file of the III Metropolitan Magistrate, George Town and allow the criminal revision. For Petitioners : Mr.D.Veerasekaran For Respondent : Mr.A.Abdul Hameed for M/s.AAV Partners

O R D E R

Memo dated 10.11.2016, has been filed by the learned counsel for the petitioner, duly signed by the signatory of M/s.TVS Finance and Service Ltd., Chennai, seeking permission to withdraw Crl.R.C.No.417 of 2014, on the grounds, that parties have amicably settled their dispute out of Court.

2. TVS Finance and Services Limited, has issued a No Due Certificate dated 10.11.2016 as hereunder.

TO WHOMSOEVER IT MAY CONCERN No Due Certificate This is to Certify that, M/s.Kanakadhara Spinning Mills (P) Lt., P.B.No.42, Railway Station Road, Gudiyattam

632602, had entered in to with the following financial agreements with us.

S.No .

Name of the Customer Agreement No.

Date M/s.Kanakadhara Spinning Mills (P) Ltd.

HP/TN/1993/311325 LES/TN/1994/320772 HP/TN/1998/610890 23/03/1993 30/08/1994 30/03/1998 We hereby declare that we have received the payments, in full, with respect to the above mentioned agreements and there are no future liabilities and future receivables in respect of the above mentioned agreements.

For TVS Finance and Services Limited.

Date: 10.11.2016 Place: Chennai Authorised Signatory."

3. Memo dated 10.11.2016, filed alongwith the No Due Certificate dated 10.11.2016, shall be treated as part of the record.

4. In view of the settlement arrived at between the parties, instant Criminal Revision is disposed of, as settled out of Court. Consequently, the connected Miscellaneous Petitions are closed. Based on the orders in the revision petition, trial Court is directed to dispose of the proceedings in C.C.No.10818 of 2006, as expeditiously as possible. No costs. Sd/- Assistant Registrar //True Copy// Sub Assistant Registrar ars To

1. The III Metropolitan Magistrate, George Town, Chennai

2. The Public Prosecutor, High Court, Madras.

+1cc to M/s. D.Veerasekaran, Advocate, S.R.No.70396 Crl.R.C.No.417 of 2014 and M.P.Nos.1 and 3 of 2014 CRS(CO) MA(29/12/2016)