M/S. Eveready Spinning Mills Private Limited, Unit -Ii v. The Chairman And Managing Director
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 19.09.2024
CORAM:
THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR W.P(MD).Nos.22143, 22144, 22145, 22146 and 22147 of 2024 W.P(MD).No.22143 of 2024 M/s.Eveready Spinning Mills Pvt Ltd., Unit-II, HTSC No.059094500177 NH-7, Nagampatti Village, Vedasandur 624 710 Dindigul District rep., by its Authorised Signatory S.Venugopalan petitioner to pay the Additional Security Deposit of Rs.68,59,937/- alone in 6 1/7
W.P(MD).No.22144 of 2024 M/s.Eveready Spinning Mills Pvt Ltd., HTSC No.059094500104 NH-7, Kottaiyur-Agaram Village, Thadicombu 624 709 rep., by its Authorised Signatory S.Venugopalan petitioner to pay the Additional Security Deposit of Rs.80,79,541/- alone in 6 W.P(MD).No.22145 of 2024 M/s.Compact Spinners (India) Private Ltd., HTSC No.059094500254, Dindigul-Palani NH, Kothapuli Village, Reddiarchathiram 624 622, Dindigul District.
rep., by its Authorised Signatory K.Ramesh Mari 2/7
petitioner to pay the Additional Security Deposit of Rs.43,81,280/- alone in 6 W.P(MD).No.22146 of 2024 M/s.Eveready Spinning Mills Pvt Ltd., Unit-III, HTSC No.059094500282 NH-7, Nagampatti Village, Vedasandur 624 710 Dindigul District rep., by its Authorised Signatory S.Venugopalan 3/7
petitioner to pay the Additional Security Deposit of Rs.99,58,010/- alone in 6 W.P(MD).No.22147 of 2024 M/s.Hitech Bio Products, HTSC No.059094500515, S.R.No.2/4, Ayyampalayam Village, Palani Taluk, Dindigul 624 621, Dindigul District rep., by its Manager, G.Gurunathan petitioner to pay the Additional Security Deposit of Rs.1,29,86,286/- alone in 6 4/7
In all petitions For Petitioner : Mr.R.S.Pandiyaraj For Respondents : Mr.S.Deenadhayalan Standing Counsel COMMON ORDER Mr.S.Deenadhayalan, learned Standing counsel takes notice on behalf of the respondents. By consent of both sides, this Writ Petition is taken up for final disposal at the stage of admission itself.
2. This Writ Petition has been filed seeking for a direction to the respondents 1 and 2 to permit the petitioners to pay the Additional Security Deposit of Rs.68,59,937/-, Rs.80,79,541/-, Rs.43,81,280/-, Rs.99,58,010/- and Rs. 1,29,86,286/- in 6 equal monthly installments along with the regular current consumption charges.
3.The learned counsel for the petitioners states that due to frequent power cut, production loss and continuous recession in the industry, the petitioners were not in a position to pay the Additional Security Deposit at once and hence pleads before this Court to pay the Additional Security Deposit in 6 equal monthly installments. He would further submit that this Court in similar circumstances, in 5/7
W.P.No.21221 of 2024 has ordered for payment of Additional Security Deposit, in six equal monthly installments, along with current consumption charges and the petitioners herein are also ready and willing to pay the Additional Security Deposit by way of 6 monthly installments.
4.The learned Standing Counsel appearing for the respondents also agreed for the same.
5. Considering the facts and circumstances of the case and also having regard to the submissions made, these Writ Petitions are disposed of directing the petitioners to pay the Additional Security Deposit of Rs.68,59,937/-, Rs. 80,79,541/-, Rs.43,81,280/-, Rs.99,58,010/- and Rs.1,29,86,286/- in six equal installments along with regular current consumption charges, commencing from 01.10.2024, failing which it is open to the respondents to initiate appropriate action in accordance with law. No costs.
19.09.2024 NCC : Yes/No Index : Yes/No Rmk 6/7
N.SATHISH KUMAR , J.
Rmk W.P(MD).Nos.22143, 22144, 22145, 22146 and 22147 of 2024 19.09.2024 7/7