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Madras High CourtCS/573/2019withdrawn dismissed

Ramjee Narasiman v. M/S.Two Movie Buffs Llp

2019-10-01Honourable Mr Justice N. Sathish Kumar4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 01.10.2019

CORAM

THE HON`BLE MR.JUSTICE N.SATHISH KUMAR C.S.No.573 of 2019 & O.A.No.879 of 2019 Mr.Ramjee Narasiman Rep. by Proprietor of M/s.First Copy Pictures, No.J-5, Plot No.3552, 6th Avenue, Anna Nagar East, Chennai - 600 102 Tamilnadu.

... Plaintiff Vs

1. M/s.Two Movie Buffs LLP., New No.6, Old No.16, Viswanathan Street, Srinivasa Avenue, Raja Annamalaipuram, Chennai - 600 028 Rep. by its Partner Mr.P.S.Raghunathan

2. M/s. Across Films LLP, Flat No.A1, Ground Floor, Vijay Vatica, Door No.18/33, Saravana Street, T.Nagar, Chennai - 600 017.

3. M/s.Qube Cinema Technologies Pvt. Ltd., No.42, Dr.Ranga Road, Mylapore, Chennai - 600 004.

4. SDC Cinemas, No.33/1, Wallajah Road, Chepauk, Chennai - 600 002.

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5. UFO Movies (P) Ltd., No.178/3/4, J.B. Towers, Kumaran Colony, Main Road, Valapani, Chennai - 600 026.

6. Prasad Extreme Digital Cinema Network Pvt. Ltd., No.58, Arunachalam Road, Saligramam, Chennai - 600 093.

7. TSR Films Pvt. Ltd., No.15, 5th Cross Lake Area, Nungambakkam, Chennai - 600 034.

8. Aerox Digital Cinema Pvt. Ltd., No.93, Old No.57, Pantheon Road, Opp. To Government Museum, Egmore, Chennai - 600 008.

9. One Source Tech Media Ltd., No.33/1, Wallajah Road, Triplicane, Chennai - 600 002.

10. K.Sera K.Sera No.101, Devi Towers, 2nd Floor, 4th Avenue Main Road, Ashok Nagar, Chennai - 600 083.

... Defendants Civil Suit filed under Order IV Rule 1 of Original Side Rules, 1956 read with Order VII Rule 1 of CPC, 1908 and read with Section 2[1] [c] [xviii] read with section 7 of the Commercial Courts Act, 2015 for the judgment and decree to direct the first and second defendants to jointly and severally pay a sum of Rs.1,50,00,000/- [Rupees One Crore Fifty Lakhs Only] towards the outstanding principal amount outstanding along with interest calculated at 24% per annum on the principal amount of Rs.1,00,00,000/- [Rupees One Crore only] from the date 2/4

of the plaint till the date of realization and direct the first and second defendants to pay the costs of this suit.

For Plaintiff : Mr.A.K.Mylsamy For defendant : No appearance

J U D G M E N T

When the matter was taken up today, the learned counsel for the plaintiff sought permission of this Court to withdraw this suit and also made an endorsement to that effect.

2. In view of the submissions of the learned counsel for the plaintiff and the endorsement made, this suit is dismissed as withdrawn. Consequently, the connected application is closed. No cost.

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N.SATHISH KUMAR, J.

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