Madras High CourtCRP/5312/2025disposed of

M/S.Sri Krishna Textiles Group, v. M/S.The Cotton Corporation Of India Ltd.,

2025-12-11Honourable Mr.Justice P.B. Balaji7 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 11-12-2025

CORAM

THE HON'BLE MR.JUSTICE P.B. BALAJI AND CMP NO. 25694 OF 2025,CMP NO. 25698 OF 2025,CMP NO. 26757 OF 2025,CRP NO. 5096 OF 2025,CRP NO. 5098 OF 2025 M/s.Sri Krishna Textiles Group, K.Vadamadura Post, Mettupalayam Road, Coimbatore-641 022.

..Petitioner(s) Vs M/s.The Cotton Corporation of India Ltd., Government of India, undertaking Rep. by its Deputy General Manager, Ministry of Textiles, At site No.46, 2nd Floor, 4th Street, B.R.Nagar, Kothari Layout, Coimbatore -641 005.

..Respondent(s) CMP No. 25694 of 2025 Palaniappa Textiles Rep.by its Managing Partner R.Thangamani, No.40/32, Parai Thottam, Kannampalayam, Coimbatore.

..Petitioner(s) Vs The Cotton Corporation of India Ltd., Rep.by its General Manager, Registered office at Kapas Bhavan, Plot No.3A, sector 10, CBD Belapur, Navi Mumbai 400 021, Branch Office at No.1057, Trichy Road, Coimbatore.

..Respondent(s) CMP No. 25698 of 2025 Sowmiya Spinner Pvt.Ltd Rep.by its Managing Director K.M.CHINNADURDAI, No.6/201, Kovai Road, Kariampalayam post, Annur, Coimbatore 641 653 ..Petitioner(s) Vs M/s.THE COTTON CORPORATION OF INDIA LTD Rep.by its General Manager, Registered office at Kapas bhavan Plot No.3A, sector 10, CBD Belapur, Navi Mumbai 400 021, branch Office at No.1057, Trichy Road, Coimbatore ..Respondent(s) CMP No. 26757 of 2025 M/s.Sri Krishna Textiles Group, K.Vadamadurai Post, Mettupalayam Road, Coimbatore-641 022.

..Respondent(s) CRP No. 5096 of 2025 Palaniappa Textiles Rep.by its Managing Partner R.Thangamani, No.40/32, Parai Thottam, Kannampalayam, Coimbatore.

..Respondent(s) CRP No. 5098 of 2025 Sowmiya Spinner Pvt.Ltd Rep by its Managing Director K.M.CHINNADURDAI, No.6/201, Kovai Road, Kariampalayam post, Annur, Coimbatore 641 653 ..Petitioner(s) Vs M/s.THE COTTON CORPORATION OF INDIA LTD Rep.by its General Manager, Registered office at Kapas bhavan Plot No.3A, sector 10, CBD Belapur, Navi Mumbai 400 021, branch Office at No.1057, Trichy Road, Coimbatore ..Respondent(s) To set aside the order dated 10.10.2025 made in E.P.No.184 of 2024 on the file of the Commercial District Judge, Coimbatore, and pass such further or other orders as this Honourable Court may deem fit and proper in the circumstances of the case and thus render justice. CMP No. 25694 of 2025 To grant an order of interim stay of the order and all further proceedings of such order passed in E.P.No.193 of 2024 dated 10.10.2025 on

the file of the Commercial Court (District Judge Cadre), Coimbatore pending disposal of the above Civil Revision Petition and pass such further or other orders as this Honourable Court may deem fit and proper in the above facts and circumstances of the case and thus render justice. CMP No. 25698 of 2025 To grant an order of interim stay of the impugned order and all further proceedings of such impugned order passed in EP.No.181/2024 dated 10.10.2025 on the file of the Commercial Court (District Judge Cadre), Coimbatore.

CMP No. 26757 of 2025 To stay the operation of the order dated 10.10.2025 passed in E.P.No.184 of 2024 passed by the Commercial District Judge, Coimbatore, pending disposal of the above Civil Revision Petition and thus render justice. CRP No. 5096 of 2025 To set aside the order passed in E.P.No.193 of 2024 dated 10.10.2025 on the file of the Commercial Court (District Judge Cadre), Coimbatore and pass such further or other orders as this Honourable Court may deem fit and proper in the above facts and circumstances of the case and thus render justice.

CRP No. 5098 of 2025 To set aside the order passed in EP.No. 181/2024 dated 10.10.2025 on the file of the Commericial Court (District Judge Cadre), Coimbatore and pass such further or other orders as this Honble Court. For Petitioner(s):

Mr Nathakumar, in CRP Nos. 5096 &

Mr R.Barathkumar, in CRP.No.5312/2025 For Respondent(s):

M/s Anirudh Krishnan in all CRPs COMMON ORDER All these three revisions having arisen out of the execution proceeding and the issues being connected are taken up together, with the consent of the learned counsel for the parties.

2. I heard Mr Nanthakumar, learned counsel for the revision petitioner in CRP Nos. 5096 & 5098 of 2025, Mr Bharathkumar, learned counsel for the revision petitioner in CRP.No. 5312/2025, and Mr Anirudh Krishnan for the contesting respondent in all the revision petitions. 3.These revisions have been filed challenging the orders passed by the Execution Court, ordering attachment of the properties belonging to the revision petitioners. The primordial submission of the revision petitioners in all these revisions is that the respondents have given an undertaking that they would not press for orders in the execution petition, and the statement was made before the court, and a memo was filed before the executing court. Notwithstanding the same, the executing court has now proceeded to order attachment.

4. Mr Anirudh Krishnan, learned counsel for the respondent, has fairly submitted that it is a fact that such an undertaking was given; however, it was limited only till the next hearing of the CMA. But at the same time he would also concede that, though the CMA has been appearing in the list, the matter has not been reached.

5. In light of the above, the learned counsel for the respondent states that he has no serious objection to the order of attachment passed in the execution

court being set aside, and the further proceedings in the execution court shall be deferred until the CMA is taken up for hearing to enable the respective petitioner to obtain the interim orders in the CMA.

6. Recording the same, these civil revision petitions are disposed of. No cost. It is made clear that in the meantime the revision petitions also shall not take advantage of the execution petition being deferred, and they shall maintain status quo with regard to the subject matter of the immovable properties. The connected miscellaneous petitions are closed. 11-12-2025 Index: Yes/No Speaking/Non-speaking order JRS

P.B.BALAJI J.

JRS To The Deputy General Manager, M/s.The Cotton Corporation of India Ltd., Government of India, undertaking , Ministry of Textiles, At site No.46, 2nd Floor, 4th Street, B.R.Nagar, Kothari Layout, Coimbatore -641 005.

AND CMP NO. 25694 OF 2025,CMP NO. 25698 OF 2025,CMP NO. 26757 OF 2025,CRP NO. 5096 OF 2025,CRP NO. 5098 OF 2025 11-12-2025