IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 28.03.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ OSA(CAD) No. 126 of 2021 and CMP No.20240 of 2021 1. M.S. Rajaram 2. Girija Rajaram Appellant(s) Vs Industrial Venture Capital Limited Having its registered office at “Vairams”, No.112, Thyagaraya Road, T.Nagar, Chennai – 600 017. Respondent(s) PRAYER: Appeal filed under Order XXXVI Rule 1 of the Original Side Rules read with Clause 15 of the Letters Patent and under Section 13(1A) of the Commercial Courts Act, 2015 to set aside the impugned judgment and decree dated 17.08.2021 passed by the learned Single Judge in C.S.No.417 of 2002. ___________ p. 2 For Appellant(s): Mr. H. Karthik Seshadri For Respondent(s): Mr.K.Seshasayee for Mr.V.P.Raman JUDGMENT (Delivered by the Hon'ble Chief Justice) The appeal, by consent, is disposed by the following order passed: (a) Appellants, having already paid an amount of Rs.43,41,058/- to respondent, have agreed to pay an additional amount of Rs.5,00,000/- in full and final settlement of the amount agreed upon by the parties at Rs.48,41,058/-. (b) Respondent has agreed to accept the additional amount of Rs.5,00,000/- in full and final settlement of all claims of respondent which was subject matter of the suit. (c) Respondent's counsel has received the pay order for Rs.5,00,000/-, a copy whereof is taken on record and marked 'X' for identification. (d) Respondent shall return the pledged shares, which are the subject-matter of the suit, to appellants/appellants' ___________ p. 3 authorised representative within one week from today. There shall be no order as to costs. Consequently, interim application stands closed. (K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ,J.) 28.03.2025 Index : Yes/No NC : Yes/No sasi To: The Sub-Assistant Registrar Original Side High Court, Madras. ___________ p. 4 THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ ,J. (sasi) OSA(CAD) No. 126 of 2021 and CMP No.20240 of 2021 28.03.2025 ___________