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2024 Supreme(Mad) 2462

IN THE HIGH COURT OF JUDICATURE AT MADRAS
SENTHILKUMAR RAMAMOORTHY
Prakash Raj, Proprietor – Appellant
Versus
Prasad Productions Pvt. Ltd., Represented by its Authorised Signatory – Respondent


Advocates:
Advocate Appeared:
For the Applicant : Mr.Chidambaram Athinamilagi
For the Respondent: Mr.P.H.Aravind Pandian, Senior Counsel for Mr.S.Raghunathan

ORDER :

SENTHILKUMAR RAMAMOORTHY, J.

The suit was filed as a summary suit for recovery of a sum of Rs.1,58,89,109/- with interest at 24% per annum on the principal sum of Rs.75 lakhs from the date of plaint till the date of decree. The suit summons was served on the defendant on 18.05.2017. Upon receipt of suit summons, the defendant entered appearance through learned counsel on 07.06.2017. In or about August 2017, the plaintiff filed an application (A.No.5467 of 2017) for issuance of a decree as prayed for in the suit. Thereafter, the defendant filed three applications seeking: condonation of delay in filing the leave to defend application; leave to defend; and conversion of the summary suit into an ordinary suit. By order dated 16.08.2019, the suit was determined to be a commercial dispute as per Section 2(1)(c) of the COMMERCIAL COURTS ACT , 2015.

2. The defendant was directed to deposit a sum of Rs.50 lakhs to the credit of the suit by order dated 01.10.2019. The defendant failed to make such deposit. By order dated 23.10.2019, the matter was posted for hearing on 08.11.2019. On 08.11.2019, Application Nos.6928 & 6929 of 2017, which were filed to condone the delay in filing the le

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