M/S.Vama Energy Pvt.Ltd. v. M/S.Refex Energy Ltd.

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 14.09.2018

CORAM

THE HONOURABLE MR.JUSTICE P.D.AUDIKESAVALU C.S.No.786 of 2017 and A.No.6303 of 2017 M/s Vama Energy Private Limited, Presently having its registered office at Floor 4, Plot No.17, Western India House Phirozshah Mehta Road, Handloom House, Fort, Mumbai 400 001 By its Authorised Signatory Mr.Abhinaya Kulkarni ... Plaintiff Vs.

M/s Regex Energy Ltd., Having its registered office at No.67, Bazzullah Road, Theagaraya Nagar, Chennai 600 017 Director/Authorised Signatory Mr.Anil Jain. ... Defendant Plaint filed under Order XXXVII Rule 2 of C.P.C. r/w Order VII Rule 1 of Madras High Court Original Side Rules praying to pass a judgment and decree directing the Defendant-Company:- (i) to pay a sum of Rs.95,26,521/- (Rupees Ninety Five Lakhs Twenty Six Thousands Five Hundred and Twenty One only) together with interest at 12% per annum, from the date of filing the plaint till the date of realisation in full.

(ii) to pay the cost of the suit.

For Plaintiff : Mr.Rathina Asohan For Defendant : Mr.Kumarpal Chopra P.D.AUDIKESAVALU, J.

vjt

J U D G M E N T

The Suit is filed by the Plaintiff for directing the Defendants to pay a sum of Rs.95,26,521/- (Rupees Ninety Five Lakhs Twenty Six Thousands Five Hundred and Twenty One only) together with interest at 12% per annum, from the date of filing the plaint till the date of realisation in full; and for costs of the suit.

2. It is submitted by the learned Counsel for both sides that the Suit claim has been settled out of Court and the Counsel for the Plaintiff also made an endorsement to that effect.

3. In these circumstances, the suit is dismissed as settled out of Court. The Plaintiff shall be entitled to a Certificate for the refund of eligible amount of court fee in accordance with law. No costs.

14.09.2018 vjt Index : Yes/ No Internet : Yes/ No Speaking Order/ Non-speaking Order C.S.No.786 of 2017 and A.No.6303 of 2017