Sharada Mylandla v. Pi Opportunities Fund I
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 22.10.2024
CORAM
THE HONOURABLE MR.JUSTICE M.SUNDAR and THE HONOURABLE MRS.JUSTICE K.GOVINDARAJAN THILAKAVADI & C.M.P.No.20686 and 20687 of 2024 in O.S.A (CAD) No.110 of 2024 & C.M.P.No.20691 and 20692 of 2024 in O.S.A (CAD) No.111 of 2024 & C.M.P.No.20915 and 20916 of 2024 in O.S.A (CAD) No.112 of 2024 & C.M.P.No.20925 and 21395 of 2024 in O.S.A (CAD) No.113 of 2024 & C.M.P.No.21464 and 21467 of 2024 in O.S.A (CAD) No.116 of 2024 & C.M.P.No.21479 and 21480 of 2024 in O.S.A (CAD) No.117 of 2024 & C.M.P.No.21482 and 21483 of 2024 in O.S.A (CAD) No.118 of 2024 & C.M.P.No.21522 and 21524 of 2024 in O.S.A (CAD) No.119 of 2024 & C.M.P.No.21525 and 21531 of 2024 in O.S.A (CAD) No.120 of 2024 Sharada Mylandla Having residence at 'Saradha' Ground Floor No.42, Third Main Road, Gandhi Nagar, Adyar, Chennai, Tamil Nadu-600 020 ... Appellant in all the appeals Vs.
1. PI Opportunities Fund - I having its address #134, Doddakannelli, Next to Wipro Corporate Office, Sarjapur Road, Bangalore, Karnataka-560 035, Rep. by its Authorized signatory Mr.Vardaan Ahluwalia.
2. Financial Software and Systems Private Limited Registered under the Companies Act, 1956 Having its address at 'Saradha', Ground Floor No.42, Third Main Road, 1/10
Gandhi Nagar, Adyar, Chennai, Tamil Nadu 600 20 Represented by its Directors
3. Nagaraj V. Mylandla Having residence at 'Saradha' Ground Floor No.42, Third Main Road, Gandhi Nagar, Adyar, Chennai Tamil Nadu 600 020
4. Rudhraapathy .J Having residence at 'Saradha' Ground Floor No.42, Third Main Road, Gandhi Nagar, Adyar, Chennai Tamil Nadu 600 020
5. FSS Employees' Welfare Trust having residence at 'Saradha' Ground Floor No.42, Third Main Road, Gandhi Nagar, Adyar, Chennai Tamil Nadu 600 020 ..
Respondents in all appeals Prayer in O.S.A (CAD) No.110 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in A.No.3754 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024.
Prayer in O.S.A (CAD) No.111 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in O.A.No.502 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024. Prayer in O.S.A (CAD) No.112 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in O.A.No.503 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024. Prayer in O.S.A (CAD) No.113 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 25.07.2024 ("Impugned order") which was later modified by 2/10
orders dated 29.07.2024 and 09.08.2024 A.No.3754 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024.
Prayer in O.S.A (CAD) No.116 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in A.No.3749 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024.
Prayer in O.S.A (CAD) No.117 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in A.No.3752 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024.
Prayer in O.S.A (CAD) No.118 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in A.No.3750 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024.
Prayer in O.S.A (CAD) No.119 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in A.No.3748 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024.
Prayer in O.S.A (CAD) No.120 of 2024 : Original Side Appeal filed under Section 13 (1A) of Commercial Court 2015 against the interim order dated 03.09.2024 ("impugned order") passed in O.A.No.501 of 2024 in Arb.O.P.No (Comm.Div.) No.285 of 2024. For Appellant : Mr.Anirudh Krishnan in all the appeals For Respondent : Mr.H.Siddarth for R1 in all the appeals Mr.S.Aravindan of M/s.Fox Mondal Associates for R2 No Appearance for R3 to R5 3/10
COMMON
JUDGMENT
(Judgment of the Court was delivered by M.Sundar, J.) Mr.Anirudh Krishnan, learned counsel for appellant in all 9 OSAs, Mr.H.Siddarth, learned counsel for R1 and Mr.S.Aravindan, learned counsel of M/s.Fox Mondal Associates (Law Firm) for R2 are before us.
2. Be that as it may, learned counsel on both sides before us submit that our order dated 26.09.2024 was carried to Hon'ble Supreme Court and the appellant also preferred independent Special Leave Petitions.
3. Pursuant to orders of Hon'ble Supreme Court, Mr.Anirudh Krishnan submitted that all the 9 captioned OSAs stand withdrawn, suitable endorsements have also been made in the case files and scanned reproduction of the endorsements are as follows: 4/10
O.S.A (CAD) No.110 of 2024 O.S.A (CAD) No.111 of 2024 5/10
O.S.A (CAD) No.112 of 2024 O.S.A (CAD) No.113 of 2024 6/10
O.S.A (CAD) No.116 of 2024 O.S.A (CAD) No.117 of 2024 7/10
O.S.A (CAD) No.118 of 2024 O.S.A (CAD) No.119 of 2024 8/10
O.S.A (CAD) No.120 of 2024 In the light of the narrative thus far, captioned 9 OSAs are disposed of as withdrawn. Consequently, captioned 18 CMPs are disposed of as closed. There shall no order as to costs. (M.S.J.) (K.G.T.,J.) 22.10.2024 Index:Yes/No gpa 9/10
M .SUNDAR.J.
, and K.GOVINDARAJAN THILAKAVADI , J., gpa 22.10.2024 10/10