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Madras High CourtCMP/29629/2025closed

Continental Agencia, v. M/S.Sas Leather Private Limited,

2026-02-16Honourable Mr Justice C.V. Karthikeyan,Honourable Mr.Justice K.Kumaresh Babu4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 16-02-2026

CORAM

THE HON'BLE MR JUSTICE C.V. KARTHIKEYAN AND THE HON'BLE MR.JUSTICE K.KUMARESH BABU in Appeal (CAD) No.61 of 2025

1. Continental Agencia, Mohammed Ehtesham, Proprietor, having office at Marble House, 118/7, Vepery High Road, Periamet, Chennai 3.

2. M/s.Star Asia Leather Company, Rep by Mohammed Ehtesham, having office at Flat No.E, 11, SL, Windsor Mansion, 29-31, Chatam Road, Tsinhatsui Kowloon, Hong Kong.

3. Mohammed Entesham ..Appellant(s) Vs M/s.SAS Leather Private Limited, Rep by its Managing Director Faisal Nezam, having its office at No.104/A, SIPCOT Industrial Complex, Phase II, Puliyanthangal, Ranipet 632 403.

Vellore District, Tamil Nadu.

..Respondent(s)

To stay all further proceedings pursuant to the Judgment and decree dated 17.07.2025 and made in C.O.S.No.97 of 2024 on the file of the Principal Commercial Court at Egmore, Chennai, pending disposal of the above first appeal.

For Appellant(s):

Mr.N.A.Nissar Ahamed for Ms.Kowser Sulthana I.

For Respondent(s):

Mr.M.Venkatakrishnan

ORDER

(Order of the Court was made by C.V.Karthikeyan, J.) The learned counsel for the respondent contended that the appeal had been filed against a money decree granted on the basis of the goods sold and delivered and amount not paid. It is stated that to set aside an ex-parte decree, an application had been filed and a sum of Rs.15,00,000/- had been directed to be deposited. That amount had accrued interest. The respondents are permitted to take steps to withdraw the sum of Rs.15,00,000/- together with accrued interest and also the costs component.

2.It is also stated by the learned counsel for the appellants that properties are under attachment and that the value of the properties far exceeds the decree amount.

3.The petition for stay stands closed by making the stay absolute till the disposal of the appeal, however, granting permission to the respondent as aforestated to withdraw the amount mentioned therein.

4.Appeal may be listed in due course.

(C.V.K.,J.) (K.B.,J.) 16-02-2026 sli To The Principal Commercial Court, Egmore, Chennai.

C.V.KARTHIKEYAN, J.

AND K.KUMARESH BABU, J.

sli in Appeal (CAD) No.61 of 2025 16-02-2026