M/S Meenam Fisheries Ltd., v. State Bank Of India
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 30.01.2018
CORAM
THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN C.S.No.421 of 2007 M/s.Meenam Fisheries Limited, Rep. by its Chairman, Thiru T.R.B.Rajaa ... Plaintiff
Versus
1.State Bank of India, Rep. by its Chairman.
2.The Deputy General Manager, State Bank of India, Overseas Branch.
3.The Chief Manager, IB Division of State Bank of Inida, Overseas Branch, Rajaji Salai.
... Defendants Plaint filed under Order II, Order IV Rule 1 of the Original Side Rules read with Order VII Rule 1 of Civil Procedure Code praying to pass a judgment and decree for:
(a) directing the defendants to pay a sum of Rs.24,22,377.00/- with subsequent interest at the rate of 24%
per annum on Rs.13,30,957/- from the date of plaint till date of realization;
(b) directing the defendants to pay a sum of Rs.1 lakh as compensation with interest at the rate of 24% p.a from the date of plaint till realization and (f) direct the defendants to pay the cost of the suit. For Plaintiff : No appearance For Defendants : Mr.K.Sankaran
J U D G M E N T
The suit is for directing the defendants to pay a sum of Rs.24,22,377.00/- with subsequent interest at the rate of 24% per annum on Rs.13,30,957/- from the date of plaint till date of realization, directing the defendants to pay a sum of Rs.1 lakh as compensation with interest at the rate of 24% p.a from the date of plaint till realization and for costs of the suit.
2. The suit was posted for arguments on 25.01.2018, since there was no representation, it is posted today for dismissal. Even today there is no representation for the plaintiff.
3. Hence, the suit is dismissed with costs of the defendants. Index : No Internet : Yes Non-speaking Order List of the witnesses examined on the side of the plaintiff :
PW1 - Mr.G.Natarajan PW2 - Mr.K.Sivakumar List of Exhibits marked on the side of the plaintiff: Ex.P1 Original Authorisation letter given by the plaintiff.
05.03.2014 Ex.P2 Plaintiff's Requisition letter to the 2nd defendant.
30.10.2003 Ex.P3 Plaintiff's Authorisation letter to debit to the 2nd defendant.
30.10.2003 Ex.P4 Customer transfer order of 2nd defendant to transfer from Chennai to Singapore.
31.10.2003 Ex.P5 Debit advice of the 2nd defendant.
31.10.2003 Ex.P6 Applications for the release of the blocked fund to U.S. Treasury.
06.11.2003 Ex.P7 Representation to the 1st defendant to release the blocked fund.
07.11.2003 Ex.P8 Forwarding letter to the 2nd defendant to 07.11.2003
Singapore-SBI.
Ex.P9 Plaintiff's requisition letter to the 2nd defendant.
12.11.2003 Ex.P10 Debit Advice for Rs.13,34,626.00 from plaintiff to M/s.Nitco Enterprises.
12.11.2003 Ex.P11 Customer copy of the message report.
13.11.2003 Ex.P12 Requisition letter from the plaintiff to the 3rd defendant.
19.11.2003 Ex.P13 Letter from the Department of Treasury, USA to SBI Singapore.
16.12.2003 Ex.P14 Letter from the Department of Treasury, USA to the 2nd defendant.
17.02.2004 Ex.P15 Letter of the 2nd defendant.
22.03.2004 Ex.P16 Office copy of Legal notice to all the defendants.
28.09.2005 Ex.P17 Acknowledgment cards.
-- Ex.P18 Original Reply notice to plaintiff's Advocate. 10.10.2005 Ex.P19 Office copy of Rejoinder notice to defendant Advocate.
08.11.2005 Ex.P20 Acknowledgment card.
-- Ex.P21 Original Reply notice to the rejoinder notice. 22.11.2005 Ex.P22 Authorisation letter.
25.06.2014 Ex.P23 Authorisation letter.
22.04.2015 List of the witnesses examined on the side of the plaintiff :
DW1 - Mr.S.Prabhakaran DW2 - Mr.V.Radhakrishnan
List of Exhibits marked on the side of the plaintiff: Ex.D1 Form A2.
-- Ex.D2 Authorisation and other letters.
-- Ex.D3 Authorisation letter.
27.05.2014 Ex.D4 Photo copy of United States Government Sanctions.
-- Ex.D5 Authorisation letter.
30.10.2003 Ex.D6 Authorisation letter.
31.10.2003 Ex.D7 Photo copy of Proforma Invoice.
15.10.2003 Ex.D8 Annexure - 1 & 2.
-- Ex.D9 Letter sent by the defendant to the office of Foreign Assets Control, USA.
-- Ex.D10 Copy of the letter addressed by the plaintiff to the branch.
-- Ex.D11 Office copy of plaintiff's letter to Reserve Bank of India.
-- Ex.D12 Certified copy of order in A.No.4393 of 2013 by Hon'ble High Court, Madras.
09.10.2003 Ex.D13 Authorisation letter.
01.12.2015
R.SUBRAMANIAN, J.
C.S.No.421 of 2007