M/S Gagathri Securites Ltd., v. The New India Assurance Co.,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 07.09.2017

CORAM

THE HONOURABLE MR.JUSTICE C.V.KARTHIKEYAN C.S.No.626 of 2003 M/s.Gayathri Securities Limited Rep by its Director Mr.B.H.Kothari No.12, East Avenue, Kesavaperumal Puram, Chennai 600 028 ... Plaintiff

Versus

The New India Assurance Company Ltd., Divisional Office 112700, Rep by its Senior Divisional Manager Mr.S.K.Rout, Cooperative Insurance Building (Jeevan Sahakar Building) 4th Floor, Sir PM Road, (Above Kashmir Art Emporium) Mumbai 400 001 ...

Defendant Plaint filed under Order VII Rule 1 C.P.C read with Order IV Rule 1 of O.S.Rules prays (a) to pay be plaintiff the insured amount of Rupees one crore as claimed under the policy (b) To award interest at 12% per annum on the claimed amount from the date of plaint till the date of realisation (c) To award costs of the suit.

For Plaintiff : Ms/.D.C.Jolly and Rajasekar For Defendant : Mr.M.B.Gopalan

J U D G M E N T

The learned counsel for the plaintiff has made the following endorsement:

"I may be permitted to withdraw the suit".

2.

In view of the same, the suit is dismissed as withdrawn. No costs.

07.09.2017 srn

C.V.KARTHIKEYAN, J.

srn C.S.No.626 of 2003 07.09.2017