C.S(COMM DIV) No. 61 of 2021 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 08-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU C.S(COMM DIV) No. 61 of 2021 Mrs.B.Srilakshmi W/o Mr.B.Subramaniam Reddy, Trading As Srilakshmi Agencies, No.35/c, 1st Floor, Tirupathi Nagar, 2nd Street, Valasaravakkam, Chennai - 600 087. Represented By Her Power Of Attorney (POA) Mr. K.Vijay Venkat, No.35/c, 1st Floor, Tirupathi Nagar, 2nd Street, Valasaravakkam, Chennai - 600 087. ..Petitioner(s) Vs Mr.T.Ramesh Trading As M/s Bld Design Studio, No.77/4, 1st Main Road, Besant Nagar, Chennai - 600 090. ..Respondent(s) PRAYER:- Civil Suit filed under Order VII Rule 1 of CPC read with Order IV Rule 1 of of Original Side Rules r/w.Sections 2(1)(c)(i) of the Commercial Courts Act, 2015. a) Directing the Defendant to pay a sum of Rs.2,54,76,416.44/- (Rupees Two-Crores Fifty-Four Lakhs Seventy Six Thousand Fourt Hundered and Sixteen and Forty-Four Paise Only) being the principal amount of Rs.1,96,00,000/- (Rupees One Crore Ninety Six Lakhs Only) and interest amount of Rs.58,76,416.44/- (Rupees Fifty-Eight Lakhs Seventy-Six Thousand Four Hundred and Sixteen and Forty-Four Paise only) upto the date of the Plaint https://www.mhc.tn.gov.in/judis C.S(COMM DIV) No. 61 of 2021 __________ Page2 of 4 calculated at the rate of 12 percentage per annum on the Principle amount of Rs. 1,96,00,000/- from the date of the borrowing together with future interest at 12 percentage per annum on the suit claim of Rs.2,54,76,416.44/- from the date of Plaint till date of payment. b) Directing the defendant to pay to the plaintiff the cost of the suit. c) Grant such further or other orders as this Court may deem fit and propert under the facts and circumstances of the case. For Petitioner(s): Mr.Prasanna Venkat for M/s APR Associates, For Respondent(s): Ms. R.Mahalakshmi JUDGMENT This suit was filed by the plaintiff seeking for recovery of money against the defendant. 2. During pendency of the suit, the parties were referred to Mediation Centre on the request made by either side, by an order dated 29.06.2026. Accordingly, both the parties went for mediation and in the mediation process, they were able to arrive at a settlement and a Joint Memo of Compromise was filed before the Mediator. https://www.mhc.tn.gov.in/judis C.S(COMM DIV) No. 61 of 2021 __________ Page3 of 4 3. The Mediator has submitted a mediation report along with Joint Memo of Compromise entered into between the parties. 4. The Joint Memo of Compromise has been signed by both parties and their respective counsel. 5. In view of the above, the present Civil Suit is disposed of in terms of Joint Memo of Compromise and the same shall form part of the decree. 6. Registry is directed to refund the Court fee as applicable. The learned counsel for the plaintiff shall file an appropriate memo and the entire Court fee shall be refunded. Consequently, connected applications are closed, if any. However, there shall be no order as to costs. 08-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No GBA https://www.mhc.tn.gov.in/judis C.S(COMM DIV) No. 61 of 2021 __________ Page4 of 4 K.KUMARESH BABU, J. GBA C.S(COMM DIV) No. 61 of 2021 08-07-2026 https://www.mhc.tn.gov.in/judis