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2024 Supreme(Kar) 420

ANU SIVARAMAN, G BASAVARAJA
SGK Agencies Private Limited – Appellant
Versus
Bremels Rubber Industries Private Limited – Respondent


Advocate Appeared:
For the Appellant :Sri. P.K. Shrikara And Sri. Aniketh B.C., Advocates.
For the Respondent: Sri. Madhukar M.Deshpande, Adv., Sri. B.S. Venkatanarayana, Adv.

JUDGMENT :

G BASAVARAJA, J.

Order on maintainability of the appeal:

1. This is plaintiff's appeal against the order passed on IA.2 filed under Order XXXVIII Rule 5 read with Section 151 of the Code of Civil Procedure in OS No.237 of 2023 on the file of District and Sessions Judge (Commercial Court-86), Bengaluru (for short hereinafter referred to as the "trial Court").

2. For the sake of convenience, the parties herein are referred to with their status and rank before the trial Court.

3. Brief relevant facts leading to filing of this appeal are that the appellant/plaintiff instituted Com. OS No.237 of 2023 against the respondent before the trial Court for recovery of money of Rs.8,04,59,495/- with interest at the rate of 12% per annum from the date of filing the suit till its realisation. Along with the suit, the plaintiff had filed an Interlocutory Application under Order XXXVIII Rule 5 read with Section 151 of Code of Civil Procedure, 1908 praying for direction to the respondent to deposit or furnish sufficient security for a sum of Rs.8,04,59,495/- with interest at the rate of 12% per annum, so as to completely satisfy the main relief, failing which, to pass an order of attachment be

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