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2024 Supreme(Mad) 2486

IN THE HIGH COURT OF JUDICATURE AT MADRAS
V.LAKSHMINARAYANAN
Vinay Anand – Appellant
Versus
APJ Family Trust, Rep. by its Trustee, Mr. S. Bhanu Prasad – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr.B. Manimaran
For the Respondent: Mr. Anish Gopi

Table of Content
1. details of the mortgage agreement and defaults. (Para 2 , 3 , 4)
2. arguments concerning the limitation period and the nature of the dispute. (Para 6)
3. arguments regarding limitation period in mortgage recovery. (Para 8 , 9 , 10)
4. determination of commercial disputes under cca. (Para 11)
5. provisions for cross-examination despite forfeiting the right to file defense. (Para 12 , 13 , 14 , 15)
6. dismissal of civil revision petition. (Para 16)

ORDER :

V. LAKSHMINARAYANAN, J.

The Civil Revision Petition is directed against the order dated 26.06.2024 made in I.A. No. 2 of 2024 in C.O.S. No. 125 of 2023 on the file of Commercial Court at Egmore, Chennai.

2. The respondent/plaintiff presented C.O.S. No. 125 of 2023 seeking the relief of recovery of money on the basis of a mortgage. The civil revision petitioner is the defendant in the suit.

3. The case of the respondent/plaintiff is that on 04.07.2012, the civil revision petitioner/defendant had borrowed a sum of Rs.35 lakhs by mortgaging the suit schedule mentioned property. Furthermore, on 10.07.2012, the civil revision petitioner had borrowed a further sum of Rs.15 lakhs and had executed another mortgage deed. Both mortg

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