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2009 Supreme(Mad) 2296

K.K.SASIDHARAN
Indiabulls Finance Services Limited & Another – Appellant
Versus
Jubilee Plots and Housing Private Limited rep. by its Managing Director & Others – Respondent


Advocates Appeared:
For the Petitioners:T.V. Ramanujam, Senior Counsel, V. Srikanth, Advocate.
For the Respondents:P.S.Raman, Senior Counsel, M. Rajasekaran, Advocate.

Judgment :

This civil revision petition is directed against the order dated 6. 2009 in I.A.No.8567 of 2009 in O.S.No.4553 of 2009 on the file of the learned XV Assistant City Civil Judge, Chennai, whereby and whereunder an order of ex parte injunction was granted against the revision petitioners restraining them from dealing with or presenting the cheques and promissory notes issued by the respondents till the petitioners exhaust their rights against the secured properties.

Suit Relief:-

2. The suit in O.S.No.4553 of 2009 was instituted by the respondents/plaintiffs against the revision petitioners/defendants with the following prayer:-

"(i) For a permanent injunction restraining the defendants from in any manner dealing with or presenting the cheques issued by the plaintiffs morefully described in the 1st schedule hereunder till the defendants exhaust its rights against the secured properties.

(ii) For a permanent injunction restraining the defendants from in any manner dealing with the promissory notes of the plaintiffs till th defendants exhaust its rights against the secured properties.

(iii) Permit the plaintiffs to sell the 2nd schedule mentioned properties and deposit the sa




















































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