Hiranandani Palace Gardens Private Limited, Represented By Its Liquidator, Mr.Chetna Paresh Sutaria v. M/S Formoplastic Control Pvt.

Application No.3417 of 2021 in O.P.No.305 of 2017 Application No.3417 of 2021 in O.P.No.305 of 2017 N.SATHISH KUMAR,J This application has been filed to permit the applicant to withdraw the sum of Rs.11,44,528/- along with accrued interests lyingto the credit of O.P.No.305 of 2017, dated 4/11/2020.

2. Heard Mr.Prashanth Rajagopal, learned counsel for the applicant and Mr.A.K.Sriram for M/s.A.S.Kailasam Associates, learned counsel for the respondent.

3. Learned counsel appearing for the applicant has submitted that a sum of Rs.11,44,528/- was invested on 8/7/2021, in Indian Bank, Madras High Court Branch, Chennai 104, by way of a fixed Deposit, for a period of one year, which carries interest of 5% per annum. 1/2 https://www.mhc.tn.gov.in/judis/

Application No.3417 of 2021 in O.P.No.305 of 2017 N.SATHISH KUMAR,J mvs.

4. In view of the submission made by the learned counsel appearing for the applicant, permission is granted to the applicant to withdraw the sum of Rs.11,44,528/- along with accrued interests lying in the credit of O.P.No.305 of 2017.

5. With the above direction, this application is closed. 28/9/2021 mvs.

Application No.3417 of 2021 in O.P.No.305 of 2017 2/2 https://www.mhc.tn.gov.in/judis/