Vetri Nagar Real Estate India P.Ltd v. Vetri Nagar Rich Land (Sulur)

THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 12.12.2024

CORAM:

THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN AND THE HONOURABLE MR.JUSTICE R.SAKTHIVEL C.M.P.No. 32 of 2024 1.M/s.Vetri Nagar Real Estate India P. Ltd., Represented by its Director, Thiru G.Srinivasan, Having Office at No.61, Ranganathapuram, 1st Street, Kongu Main Road, Tiruppur, Coimbatore - 641 607.

2.Thiru G.Srinivasan, Director, M/s.Vetri Nagar Real Estate India P. Ltd., Having Office at No.61, Ranganathapuram, 1st Street, Kongu Main Road, Tiruppur, Coimbatore - 641 607.

...Appellants Vs.

Vetri Nagar Rich Land (Sulur), Members Welfare Association - Salem East, Represented by its Secretary, Thiru.N.Raja, 2/101, Vidhya Motors, Trichy Bye Pass Road, Kondalampatty, Salem - 636 010.

...Respondent

Prayer: Civil Miscellaneous Second Appeal filed under Section 58 of the 1/4

Real Estate (Regulation & Development) Act 2016 and Section 100 of the Civil Procedure Code, against the order dated 03.11.2023 passed in Appeal No.71 of 2023 by the Tamil Nadu Real Estate Appellate Tribunal (TNREAT), Egmore, Chennai - 600008, confirming the order dated 20.07.2023 passed in C.No.17 of 2019 by the learned Tamil Nadu Real Estate Regulatory Authority (TNRERA), Chennai. For Appellants : Mr.A.Maheshnath For Respondent : Mr.Sundar Narayan

J U D G M E N T

(Judgment of the Court was made by R.SUBRAMANIAN, J.) Upon being referred to medition, the parties have entered upon a settlement and a memo of settlement has also been filed. The same has been duly certified by the Mediator.

2. In view of the settlement reached, this Civil Miscellaneous Second Appeal is disposed of and there will be an order in terms of the settlement. The memo of settleMent dated 23.10.2024 will form part of the decree. The appellants are permitted to withdraw the sum of Rs.1,50,000/- deposited by 2/4

him before the Appellate Tribunal, on production of copy of this order. No costs. Consequently, connected miscellaneous petition is closed. (R.S.M., J.) (R.S.K., J.) 12.12.2024 kkn Internet: No Index: No Speaking order To:

1.The Tamil Nadu Real Estate Appellate Tribunal, Egmore, Chennai.

2.The Tamil Nadu Real Estate Regulatory Authority(TNRERA), Chennai.

R.SUBRAMANIAN, J.

R.SAKTHIVEL, J.

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