Agnite Education Limited v. The Hongkong & Shanghai

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 14.03.2023

CORAM

THE HONOURABLE MR.JUSTICE S.S.SUNDAR and THE HONOURABLE MR.JUSTICE P.B.BALAJI OSA.No.361 of 2012 Agnite Education Limited "Teledata Tower"

37/1, Velacherry Tambaram Main Road Velacherry, Chennai 600 042.

...Appellant Vs.

1.The Hongkong & Shanghai Banking Corporation Limited, Nagabrahma Towers, 76, Catherdral Road, Chennai 600 086.

Represented by its Constituted Attorney Harish Agarwal 2.The Official Liquidator, High Court, Chennai.

...Respondents

For Appellant : Mr.P.Rajaji for M/s.Iyer and Thomas & Mr.R.Pradeep For Respondents for R1 : Mr.P.Aravind for Mr.T.K.Bhaskar for R2 : Mr.B.Dhanaraj Page No.1/5

Prayer in OSA.No.361 of 2012: Original Side Appeal filed under Clause 15 of the Letters Patent read with Order XXXVI Rule 1 of O.S.Rules, against the order and decreetal order dated 25.07.2012 passed in C.P.No.180 of 2009 by a learned this Single Judge of this Court. OSA.No.49 of 2013 Hong Kong and Shanghai Banking Corporation Limited 30 Rajaji Salai Chennai 600 001.

Represented by its Vice President, Credit risk management Mr.Debojyoti Saha ...Appellant Vs.

1.Agnite Education Limited First Floor, No.37/1 Velachery Tambaram Main Road Velachery, Chennai 600 042.

Represented by its Managing Director K.Padmanabhan 2.Canara Bank Assets Recovery Management Branch Spencer Plaza - II, 3rd Floor N.770 A, Anna Salai, Chennai- 600 002.

Respondents [R2 impleaded as per the order of this Court dated 18.09.2013 made in MP.No.2 of 2013] For Appellant : Mr.P.Aravind for Mr.T.K.Bhaskar For Respondents for RR1 to 2 : Mr.P.Rajaji for for M/s.Iyer and Thomas Page No.2/5

Prayer in OSA.No.49 of 2013: Original Side Appeal filed under Clause 15 of the Letters Patent read with Order XXXVI Rule 1 of O.S.Rules, against the order and decreetal order dated 26.11.2012 passed in C.P.No.720 of 2012 by this Court.

C O M M O N J U D G M E N T [Judgment of the Court was delivered S.S.SUNDAR, J] The learned counsel appearing for the appellant in the respective appeals reported that the parties have settled the dispute between them out of Court and therefore, the appeals can be dismissed as withdrawn. They also made endorsement to that effect. Hence, these appeals are dismissed as withdrawn. No costs.

(S.S.S.R.J.) (P.B.B.J.) 14.03.2023 Index : Yes / No Speaking order: Yes/No pvs Page No.3/5

To

1. TheOfficial Liquidator, High Court, Chennai.

2. The Section Officer, VR Section High Court, Madras.

Page No.4/5

S.S.SUNDAR , J.

and P.B.BALAJI , J.

pvs 14.03.2023 Page No.5/5