M/S V2 Constructions v. Rajeshuwari And 2 Others

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18.08.2025

CORAM

THE HONOURABLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY 1.M/s.V2 Constructions, Rep. By its Partners, (1)Mr.Praveen Kumar Jain, (2)Mrs.Kalpana Jain 2.Mr.Praveen Kumar Jain, Partner, M/s.V2 Constructions, 3.Mrs.Kalpana Jain, Partner, M/s.V2 Constructions All are having office at No.82, 2nd Floor, Aalim Centre, Dr.Radhakrishnan Salai, Mylapore, Chennai 600 004.

Now at, Door No.554 & 555/1, 4th Floor, A wing, Capitale, Anna Salai, Teynampet, Chennai 600 018.

... Plaintiffs -vs1/4

1. Mrs.Rajeshuwari

2. Mr.Achutha Bhanu Venkata Krushan

3. Mrs.Thirupuraa ... Defendants PRAYER: Civil Suit (Commercial Division) filed under Order IV Rule 1 of O.S.Rules, 1956 And Order VII Rule 1 Civil Procedure Code, 1908 Read With Section 2(1)(C)(vi) and (xi) of Commercial Courts Act, 2015, praying to grant a judgment and decree on the following terms:- (a) Directing the Defendants to pay Rs.1,53,45,000/- with future interest at 18% p.a on Rs.50,00,000/- (being the amounts paid by the Plaintiffs to the Grand Mother and the Father of the Defendants 2 and 3) from the date of the Plaint till the date of realization. (b) Directing the Defendants to pay Rs.11,69,000/- with future Interest at 18% p.a on Rs.10,00,000/- (being the additional amounts spent by the Plaintiffs) from the date of the Plaint till the date of realization. (c) Directing the Defendants to pay Costs of this Suit. For Plaintiff : Mr.K.V.Sundararajan **********

JUDGMENT

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Learned counsel for the plaintiffs submits that the suit was settled out of Court. Memo dated 28.07.2025, which is also signed by the plaintiffs, has been submitted.

2. In view thereof, C.S.(Comm.Div.) No.190 of 2025 is dismissed as settled out of Court. Since such settlement was arrived at pre trial stage, the plaintiffs shall be entitled to refund of Court fees. 18.08.2025 rna Index : Yes / No Internet : Yes / No 3/4

SENTHILKUMAR RAMAMOORTHY,J rna 18.08.2025 4/4