← Library
Madras High CourtA/2986/2019dismissed

Reliance Commercial Finance Ltd v. M/S.Greatshine Holdings Pvt Ltd 5 Others

2020-09-04Honourable Mr Justice N. Sathish Kumar5 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATE: 04.09.2020

CORAM

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR A.No.2986 of 2019 Reliance Commercial Finance Limited, CIN No.U66010MH2000PLC128301 having its registered office at Reliance Centre, 6 th Floor, South Wingh, off. Western Express Highway Santacruz (East), Mumbai-400 005, and having its branch office at Kothari Building, Sony World Building No.10-A, Haddows Road, Nungambakkam, Chennai-600 006.

... Applicant Vs

1. M/s.Greatshine Holdings Pvt. Ltd., A company within the meaning of the Companies Act, 1956 Regd. Office at 6 th Floor, Samson Towers, No.403 L, Patheon Road, Egmore, Chennai-600 008.

Page 1/5

2. Rajamani Kumaravel, Director, M/s.Greatshine Holdings Pvt. Ltd., Regd. Office at 6 th Floor, Samson Towers, No.403 L, Patheon Road, Egmore, Chennai-600 008.

3. Rohit Rabindranath, Director, M/s.Greatshine Holdings Pvt. Ltd., Regd. Office at 6 th Floor, Samson Towers, No.403 L, Patheon Road, Egmore, Chennai-600 008.

4. Reenath, Director, M/s.Greatshine Holdings Pvt. Ltd., Regd. Office at 6 th Floor, Samson Towers, No.403 L, Patheon Road, Egmore, Chennai-600 008.

5. Manik nath, Director, M/s.Greatshine Holdings Pvt. Ltd., Regd. Office at 6 th Floor, Samson Towers, No.403 L, Patheon Road, Egmore, Chennai-600 008.

Page 2/5

6. Tamil Nadu Generation and Distribution Corporation Ltd. (TANGEDCO), nd Floor, Eastern Wing, 144, Anna Salai, Chennai-600 002.

rep. by Chief Financial Controller/ Revenue/Superintending Engineer/NCES ... Respondents PRAYER : Application filed under Order XIV Rule 8 of Original Side Rules r/w Section 9 of the Arbitration and Conciliation Act, 1996, praying to direct the respondent No.6 to deposit all payments, present, future payable to the respondent No.1 for its 1 MW Photovoltaic solar power project at Vannankulam Village, Peraiyur, Madurai District, Tamil Nadu and under Roof Top PV & Small Solar Power Generation Programme (RPSSGP) of Jawaharlal Nehru Solar Mission (JNNSM) under the control of Ministry of New and Renewable Energy (MNRE), (the project into the Trust and Retention Account as specified in the letter dated 13.07.2018 issued by the applicant to the respondent No.6 which is reproduced hereunder: Trust and Retention Account Details :

In the name of :

M/s.Greatshine Holdings Pvt. Ltd., Retention Accountant Name of the Bank :

Axis Bank Limited Page 3/5

Address :

Broadway Premises Co-op Society ltd., Dr. Babasaheb Ambedkar Road, Dadar Tt, Dadar (East), Mumbai A/c. No.

:

913020040609394 IFCI Code :

UTIB0000124 For Applicant :

Ms. Vidhya Lakshmi for M/s.India Law LLP For Respondents :

Mr.P.V.Balasubramaniam for M/s.BFS Legal for R1 Mr.V.Viswanathan for R6 No appearance for R2 to R5 O R D E R The learned counsel appearing for the applicant has sent a memo through e-mail seeking permission of this Court to withdraw this application and the memo sent through e-mail to that effect is recorded.

2. In view of the submission of the learned counsel appearing for the applicant and memo sent through e-mail, this application is dismissed as withdrawn.

04.09.2020 rpp Page 4/5

N.SATHISH KUMAR, J.

rpp A.No.2986 of 2019 04.09.2020 Page 5/5