63 Moons Technologies Limited (Formery Known As Financial Technologies v. M/S.Wadhwan Global Capital Limited And 10 Others

THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 23.06.2020

CORAM:

THE HONOURABLE MR.JUSTICE N. SATHISH KUMAR 63 Moons Technologies Limited, (Formerly known as Financial Technologies (India) Ltd., Represented by its Authorised Signatory Mr.D.John Dheepak Having its Registered office at Sakthi Tower-1, 7th Floor E-766 Anna Salai, Chennai-2 ... Applicant/Plaintiff .Vs.

1. M/s. Wadhwan Global Capital Limited Mumbai 400098.

2. Kapil Rajeshkumar Wadhawan Former Chairman and Managing Director, DHFL, Mumbai 400050

3. Dheeraj Rajeshkumar Wadhawan Former Director, DHFL Mumbai 400050

4. Harshil Mehta former Chief Executive Officer, DHFL Mumbai 400001.

Page 1 / 4

5. Santhosh Sharma Former Chief Financial Officer, DHFL Mumbai 400001

6. M/s. Credit Analysis and Research Limited Chennai 600002

7. M/s. Brickwork Ratings India Private Limited, Chennai 600004

8. M/s. Chaturvedi and Shah Chartered Accountants Mumbai 400021.

9. M/s.T.R.Chadha & Co., LLP Chennai 600002.

10. M/s. Rajendra Neeti & Associates Mumbai 400021.

11. M/s. Catalyst Trusteeship Limited, Chennai 600018.

.. Respondents/defendant s Prayer: Application has been filed for granting the Applicant/Plaintiff Leave to sue the Respondents/Defendants No.1,2,3,4,5, 8 and 10 herein for the reliefs claimed for the present suit or for any other reliefs at a later date. For Applicant :

Mr.Nithyaesh Natraj

O R D E R

This application has been filed seeking leave to sue the Respondents, 1 to 5, Page 2 / 4

8 and 10.

2. The main contention of the Applicant is that the suit has been filed for recovery of money. The allegation set out in the application is that there is a fraud committed by the respondents all over India including the jurisdiction of this Court and hence part of cause of action arose within the jurisdiction of this Court. Therefore, the Applicant is entitled to maintain the suit as against the defendants who are not residing within the jurisdiction of this Court.

3. Having regard to the nature of the allegations set out in the application, the alleged fraud has been committed all over India and the defendants are not residing within the jurisdiction of the Court, part of cause of action arose within the jurisdiction of this Court, the leave is granted and the application is ordered. 23.06.2020 ggs Page 3 / 4

N. SATHISH KUMAR, J.

ggs order in:

A.No.1425 of 2020 in C.S.(Comm)No.D.42039 of 2020 23.06.2020 Page 4 / 4