JUDGMENT :

Prayer: Civil Suit has been filed under Order VII, Rule 1 of the C.P.C. Read with Order IV Rule 1 of Original Side Rules, pleased to pass a judgment and decree as under:-

a) Director the Defendant to pay to the Plaintiff, a sum of Rs.4,84,93,052/- with interest thereon at the rate of 18% per annum from the date of plaint until the date of realisation in full; and

(b) direct the defendant to bear the cost of the proceedings.

1. The Plaintiff has filed the instant suit seeking for a direction to direct the defendant to pay to the plaintiff, a sum of Rs.4,84,93,052/- with interest thereon at the rate of 18% per annum from the date of plaint until the date of realisation in full. The plaintiff further prays for a direction to direct the defendant to bear the cost of the proceedings.

Case of the Plaintiff:

2. The plaintiff is a Company incorporated under the Companies Act, involved in the business of sale and refilling of refrigerant gases. The plaintiff states that during the course of its business, the plaintiff stored large quantities of refrigerant gases, such as Tetrafluoroethane (R134a). The plaintiff’s factory is situated in Thandalam Village and the tanks storing these gas