SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2021 Supreme(Mad) 1411

G.JAYACHANDRAN
Trimex Industries Pvt Limited. , Rep. by its Vice President Legal, S. Sudhakaram – Appellant
Versus
Ind Barath Thermal Power Ltd. , Rep. by its Managing Director, Chennai – Respondent


Advocate Appeared:
For the Appellant :Abdul Hameed for M/s. A.A.V. Partners, Advocates.
For the Respondent:Anirudh Krishnan, Advocate.

JUDGMENT :

(Prayer: Civil Suit is filed under Order IV Rule 1 of Original Side Rules read with Order VII Rule 1 of C.P.C.

(a). Directing the defendant to pay a sum of Rs.28,46,18,581/- (Rupees Twenty Eight Crores Forty Six Lakhs Eighteen Thousand Five Hundred and Eighty One only) as on 18.04.2017 with interest at the rate of 18% per annum on the Principal sum of Rs.22,17,05,264/- from the date of Plaint till the day of payment in full to the plaintiff.

(b). The costs;)

1. The suit is for recovery of Rs.28,46,18,581/- as on 18.04.2017 with interest at the rate of 18% from the date of plaint till the date of payment for the principal sum of Rs.22,17,05,264/- and costs.

2. The subject suit relates to non payment of consideration for the coal imported from UAE and delivered to the defendant hence determined as Commercial Dispute.

3. The case of the plaintiff:-

    (i). The plaintiff Company, is carrying on the business of trading in iron ore, coal, barite, bentonite and other minerals. The defendant envincing interest in buying Non Coking Steam Coal of Indonesian Origin, (herein after referred as ‘goods’) approached the plaintiff and placed purchase order dated 25.02.2015 for 51000 MTs of coal an

          Click Here to Read the rest of this document
          1
          2
          3
          4
          5
          6
          7
          8
          9
          10
          11
          SupremeToday Portrait Ad
          supreme today icon
          logo-black

          An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

          Please visit our Training & Support
          Center or Contact Us for assistance

          qr

          Scan Me!

          India’s Legal research and Law Firm App, Download now!

          For Daily Legal Updates, Join us on :

          whatsapp-icon telegram-icon
          whatsapp-icon Back to top