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2025 DAILYLAW 20945 (MAD)

KALEESUWARI REFINERY PVT.LTD v. STARPAC INDIA LTD

OSA(CAD)/30/2025 · 2025-04-01

Mohammed Shaffiq

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

OSA (CAD) Nos.30 & 31 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 01.04.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ OSA (CAD) Nos.30 & 31 of 2025 & C.M.P.Nos.4724, 4725, 4727 & 4728 of 2025 M/s. Kaleesuwari Refinery Pvt. Ltd. Rep. by its Authorised Signatory No.5, Mambakkam Road Appellant in Vengaivasal, Chennai 600 073. .. both OSAs. Vs. Starpac Inida Limited Rep. by its Director Vishal Kumar AC22B SIDCO Industrial Estate Thirumudivakkam Respondent in Chennai 600 044. .. both OSAs. Prayer : Appeals under Section 13(1) of Commercial Courts Act read with Clause 15 of the Letters Patent against the common order dated 03.09.2024 made in A.Nos.2306 & 2309 of 2024. __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 For Appellant : Mr.Prahalad K.Bhat For Respondent : Mr.S.Sashidhar JUDGMENT (Judgment of the Court was delivered by the Hon'ble Chief Justice) The parties have amicably settled the matter in mediation. 2. The mediation report dated 24.03.2025, annexing the Settlement Agreement also dated 24.03.2025, is received on file. 3. The mediation report, along with the Settlement Agreement, is scanned and re-produced below: __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 4. Counsel for respondent states that respondent has received Rs.87,50,000/- in full and final settlement. Counsel for appellant states appellant has received Rs.1,50,00,000/- from the Registry, together with accumulated interest. 5. As regards Rs.92,87,547/- referred to in paragraph 6(v) of the Settlement Agreement, counsel for respondent states respondent has no objection if the Registry returns this amount to appellant, together with the accumulated interest if any. 6. Accordingly, appeals are ordered in terms of the Settlement Agreement. 7. Registry to return the amount mentioned in paragraph 6(v) of the Settlement Agreement within five working days of receiving an application from appellant's advocate, together with accumulated interest if any. __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 8. There shall be no order as to costs. Consequently, all the interim applications also stand disposed of. 9. Refund, if any, of Court fees, in accordance with Rules. (K.R.SHRIRAM, CJ) (MOHAMMED SHAFFIQ,J.) 01.04.2025 Index : Yes/No Neutral Citation : Yes/No kpl To The Sub Assistant Registrar Original Side High Court Madras __________ https://www.mhc.tn.gov.in/judis OSA (CAD) Nos.30 & 31 of 2025 THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ,J. (kpl) OSA (CAD) Nos.30 & 31 of 2025 01.04.2025 __________ https://www.mhc.tn.gov.in/judis