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Madras High CourtCS/600/2012withdrawn dismissed

Pradeep Kothari v. Tamilnadu Mercantile Bank Ltd

2024-08-22Honourable Mr Justice A.A.Nakkiran4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Date : 22.08.2024

CORAM:

THE HON`BLE MR.JUSTICE A.A.NAKKIRAN and A.Nos.5612 of 2012 and 4427 of 2021 Pradeep Kothari .. Plaintiff .Vs.

Tamilnad Mercantile Bank Limited Represented by Branch Manager T.Nagar Branch No.31, Sir Thiyagaraya Road Pondi Bazaar, T.Nagar Chennai-600 017.

.. Defendant Prayer: Civil Suit filed under Order VII Rule 1 of CPC read with Order IV Rule 1 of O.S Rules, praying to pass the following judgment and decree against the defendants.

a) directing the defendant to pay a sum of Rs.4,00,00,000/- (Rupee Four Crore only) towards exemplary damages;

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b) declaring that the Memo of Compromise dated 15.02.2001 had been acted upon by the plaintiff and the defendant so as to give a quietus to all the pending litigations before the Debts Recovery Tribunal-II, Chennai namely O.A No.109 of 2007 and O.A No.434 of 2007. c) declaring that the memo of compromise dated 15.02.2001 is in full and final settlement of all the dues payable by the plaintiff to the defendant in respect of the claims made in O.A No.109 of 2007 and O.A No.434 of 2007 on the file of Debts Recovery Tribunal-II, Chennai. d) to pay costs of the suit.

For Plaintiff : Mr.Varun Srinivasan for Mr.N.V.Srinivasan For Defendant : Mr.V.Chandrasekaran

J U D G M E N T

When this Civil Suit was taken up for hearing today, the learned counsel for the plaintiff submitted that the matter has been settled out of 2/4

Court and the suit may be dismissed as settled out of Court and also made an endorsement to that effect in the Court bundle.

2. In view of the aforesaid submission and endorsement made by the learned counsel for the plaintiff, the Civil Suit is dismissed as settled out of Court. Court Fee is ordered to be refunded to the plaintiff as per law. Consequently, connected applications are closed. 22.08.2024 Index : Yes/No Internet : Yes Speaking/Non-speaking order uma 3/4

A.A.NAKKIRAN,J.

uma and A.Nos.5612 of 2012 & 4427 of 2021 22.08.2024 4/4