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2023 Supreme(Mad) 223

SENTHILKUMAR RAMAMOORTHY
63 Moons Technologies Limited, (Formerly known as Financial Technologies (India) Ltd. – Appellant
Versus
Wadhwan Global Capital Limited – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr.Nithyaesh Natraj & Mr.Vaibhav R.Venkatesh
For the Respondents:Ms.Anbarasi Rajendran for M/s.AAV Partners, Mr.P.R.Raman, Senior Advocate, for Mr.Arun C.Mohan, Mr.R.Ravindran, Mr.R.Parthasarathy for Ms.Tanushree Aravind and Ms.S.Reka, Mr.Rohan K.George, Mr.Pushkar, Mr.Anirudh Krishnan, Mr.Rahul Balaji, Adv.

ORDER :

PRAYER IN O.A.No.230 of 2020: This Original Application is filed under Order XIV Rule 8 of O.S. Rules r/w Order XXXIX Rule 1 & 2 of CPC:

(a) praying to interim injunction restraining the Respondent No.1 from distributing any dividend among its shareholders and/or pay any remuneration at its increased rate to its managing director, director and senior employees, pending disposal of the main suit;

(b) To appoint a commissioner or any other fit and proper person as may be deemed fit by this Court to trace the assets of the Respondents and report the same to this Court, pending disposal of the main suit;

(c) Directing the respondents 1 to 11 to furnish security/deposit in this Court the outstanding amount of Rs.231,60,00,000/-(Rupees two hundred thirty one crores sixty lakhs only) as on 31st May 2020 i.e., principal of Rs.200,00,00,000/- and interest of Rs.31,60,00,000/- (Rupees thirty one crores sixty lakhs only) thereon till 31st May 2020 and any amount which is sufficient to secure the claim of the applicant and failing which attach the assets and properties of respondent Nos.1 to 11 which are sufficient to secure the outstanding amount of the applicant pending disposal of the m

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