M/S Saravana Associates v. Shriram City Union Finance Limited
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 05-01-2026
CORAM
THE HONOURABLE MR.JUSTICE P.B. BALAJI
1. M/s.Saravana Associates Rep by its Proprietrix S.Kasthuri, No.84, Industrial Estate, Ekkathuthangal, Chennai 600 032.
2.S.Kasthuri W/o.Sabesan, No.84, Industrial Estate, Ekkathuthangal, Chennai 600 032.
3.Sabesan S/o Natesan, No.13, Phase 3, Wood Creek Colony, Ganapathypuram Extension, St.Thomas Mount, Chennai 600 016.
4.Krishnamurthy S/o P.V.Narasimhan, No.34/1, Goodwill Apartments, Welcome Colony, Anna nagar west, Chennai 600 101.
Petitioner(s) Vs M/s.Shriram City Union Finance Limited, Having office at No.221, Royapettah High Road, Mylapore, Chennai 600 004.
Respondent(s)
PRAYER: Civil Revision Petition filed under Article 227 of the Constitution of India, to set aside the order dated 28.07.2025 in EA.No.1 of 2024 in EP.No.63 of 2015 in ARC.No.10/2013 passed by the Ld III Additional District and Sessions Court, Poonamallee, Thiruvallur District. For Petitioners:
Mr.Abdul Mubeen for Mr.H.Thameen Ansari For Respondent:
M/s.Sri & Shankar Associates
ORDER
It is fairly submitted by both the learned counsel that the parties have amicably settled the disputes and all the claims of the respondent/finance company have been fully and finally satisfied by the revision petitioner.
2. In the light of the above, nothing survives for further adjudication and the impugned order will have to necessarily go. It is also brought to my notice that pursuant to the order of the attachment of the revision petitioner's immovable properties, the same is reflected in the Encumbrance Certificate. Now, it is admitted by the respondent/finance company, that there is no due and amount payable by the revision petitioner to the respondent.
3. In view of the above, the parties shall take necessary effective steps to have the attachment raised by adopting the quickest mode possible to ensure that the entry reflected in the Encumbrance Certificate is reverted/nullified.
4. It is also brought to my notice that in O.S.No.871 of 2023 before the Sub Court, Ambattur, pursuant to the conditional order passed, a sum of Rs.2,00,000/- (Rupees Two Lakhs Only) has been deposited by the revision petitioner.
5. In the light of the dues of the respondent being fully settled, the petitioner is entitled to payment out of the said amount of Rs.2,00,000/- (Rupees Two Lakhs Only) and on a formal application being filed for payment out, the said sum shall be paid out, along with interest accrued if any.
6. Accordingly, this Civil Revision Petition is dismissed. No costs. 05-01-2026 Jd Index:Yes/No Speaking/Non-speaking order Internet:Yes To The Learned III Additional District and Sessions Court, Poonamallee, Thiruvallur District.
P.B.BALAJI J.
jd 05-01-2026