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2022 Supreme(Mad) 303

Ramaniyam Real Estates Private Ltd. , Chennai – Appellant
Versus
Spencer’s Retail Limited, Rep. by its Authorised Signatory, Murali – Respondent


Advocates:
Advocate Appeared:
For the Appellant :S. Sundaresan, Advocate.
For the Respondent:C. Manishankar, Senior Counsel, Arun C. Mohan, Advocate.

JUDGMENT :

Prayer: Civil Suit has been filed under Order IV Rule 1 of O.S.Rules r/w Order VII, Rule 1 of C.P.C., pleased to pass a judgment and decree as under:-

    (a) Directing the defendant to pay a sum of Rs.4,61,42,148/- by way of Compensation together with interest @ 24% p.m., from the date of this Suit till the date of realization by way of compensation towards the construction cost of the Building and Rental Loss and loss of reputation.

(b) Mandatory Injunction directing the Defendant to issue public notice in all leading daily news papers seeking apology to the plaintiff for causing damage to the reputation of the Plaintiff’s Company by instituting false case.

(c) To Award cost of the plaintiff in this suit.

(d) pass such further or other orders as this Court may deem fit and proper in the circumstances of the case and thereby render justice.

1. The present suit was filed by the plaintiff seeking for the relief of monetary compensation, directing the respondent to pay a sum of Rs.4,61,42,148/- together with future interest at the rate of 24% from the date of filing the suit till the date of realization under the heads:

    (a) loss in construction cost

(b) rental loss, and;

(c) compensat

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