Madras High CourtCS/612/2014dismissed as settled out of court

M/S.V.N.C.Electrodes v. M/S.Ramco Systems Ltd

2023-09-01Honourable Ms. Justice P.T. Asha4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 01.09.2023

CORAM

THE HONOURABLE Ms. JUSTICE P.T. ASHA

1. M/s. V.N.C. Electrodes No.3, Industrial Estate S. Vellalapatti Karur 639 004, T.N.

a Partnership Firm represented by Its Managing Partner, C. Basker

2. M/s V.N.C. Steels 18, Industrial Estate, Karur 639 004, T.N.

a Partnership Firm represented by Its Managing Partner, C. Basker

3. M/s V.N.C. Steel Distributors No. 2, Industrial Estate Karur 639 004 a Partnership Firm represented by Its Managing Partner, C. Basker

4. M/s V.N.C. Logistics No. I-2, Industrial Estate Karur 639 004 1/4

a Partnership Firm represented by Its Managing Partner, C. Basker ... plaintiffs Vs.

M/s. Ramco Systems Ltd, 64, Sardar Patel Road, Taramani Chennai 600 113 ... defendant Prayer: Plaint filed under Order VII Rule 1 of CPC read with Order IV Rule 1 of the Original Side Rules, for a. directing the Defendant to refund to the 1st plaintiff a sum of Rs. 41,32,557.00, (Rupees forty one lakhs thirty two thousand five hundred fifty seven only) being the amount paid by the 1st plaintiff to the defendant for defective RODE software supplied by the defendant, together with interest at 18% per annum from the date of plaint, till the date of repayment;

b. directing the Defendant to pay the plaintiffs towards damages for the loss caused to the Plaintiff Rs. 76,59,295.22. (Seventy six lakhs fifty nine thousand two hundred ninety five and twenty two paise only) directing the Defendant to pay to the plaintiffs the cost of the suit, and 2/4

c. for such further or other order or orders as this Hon'ble Court may deem fit and proper in the circumstances of the case and thus render justice.

For Plaintiffs :

Mr. T.K. Ramkumar for M/s Ram & Rajan Associates For Defendant :

Mr. Rahul Balaji.

JUDGEMENT It is informed by both the learned counsels that the suit has been settled out of the Court. Therefore, the suit is dismissed as settled out of the Court. No costs.

01.09.2023 Internet : Yes/No Index :Yes/No Speaking / Non-Speaking kan 3/4

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