Madras High CourtCS/758/2016disposed of

M/S.Karismaa Foundations Pvt. v. M/S.Bhagwandas Metals Limited

2021-10-29Honourable Mr Justice N. Seshasayee4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 29.10.2021

CORAM

THE HONOURABLE MR.JUSTICE N.SESHASAYEE C.S.No.758 of 2016 & A.No.6287 of 2019 A.No.6634 of 2016 M/s. Karismaa Foundations Pvt Ltd., Rep by its Managing Director, Mr.Rakesh P Sheth, No.340, 1st South Main Road, Kapaleeswar Nagar, Neelankari, Chennai - 600 115 ... Plaintiff Vs.

1.M/s. Bhagwandas Metals Limited, Rep by its Director Mr.Nadkishore Sonthalla, New No.54, Old No.61, Sembudoss Street, Chennai - 600 001.

2.M/s.MGM Steels, A Partnership firm registered under the Indian Partnership Act, 1932 Represented by its Managing Partner Mr.Govind Prasad, New No.54, Old No.61, Sembudoss Street, Chennai 600 001 3.Nandkishore Sonthalia, 4.Sandhya Jain, 5.Gita Agarwal,

6.Meera Agarwal, 7.Anjana Sethi, 8.Chandravelli Devi Jain, 9.Megha Sethi, 10.Vikas Kumar Sethi, 11.Vimal Kumar Sethi, 12.Suresh Kumar Jain, 13.Priya Sethi, 14.Rukmani Bai 15.Kamala Bai ... Defendants Prayer: The Civil Suit has been filed under Order IV Rule 1 of the Original Side Rules read with Order VII Rule 1 of C.P.C praying to pass a judgment and decree declaring the Memorandum of Agreement dated 10.01.2015 as null and void, being against the law of the land and to direct the first defendant to pay the costs of the suit to the plaintiff. For Plaintiff : Mr.B.Nithyaesh For Defendants : Mr. R.Parthasarathy for 1 to 8, 11, 12, 14 & 15

JUDGMENT

(This case has been heard through video conferencing) The matter is stated to have been amicably settled in the Mediation. The parties have entered into a Memorandum of settlement before the Mediator. Accordingly, the matter is posted before the Court. The Memorandum of Settlement dated 01.10.2021 is recorded and taken on file.

2.The Civil Suit filed in C.S.No.758 of 2016 stands disposed of accordingly. Consequently, the connected applications are closed. The Registry is directed to refund the Court fee as per law.

29.10.2021 kas / dk Index : yes / no Internet : yes / no Speaking / Non Speaking order

N.SESHASAYEE, J.

kas / dk 29.10.2021