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2023 Supreme(Online)(MAD) 43777

MADRAS HIGH COURT
PARINEE REALTY PVT.LTD. – Appellant
Versus
PEIRCE LESLIE INDIA LTD., – Respondent


C.S.No.54 of 2009

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Judgment Reserved on : 28.04.2023

Judgment Pronounced on : 28.07.2023

CORAM : JUSTICE N.SESHASAYEE

C.S.No.54 of 2009

Parinee Realty Private Limited

formerly known as

Green Bird Developers Private Ltd.,

.... Plaintiff

(Amended as per oder dated 10.03.2016 in

A.No.1243 of 2016 in CS.No.54 of 2009)

Vs

M/s.Peirce Leslie India Limited

.... Defendant

Prayer : Civil Suit filed under Section Order IV Rule 1 of O.S.Rules read with

Order VII Rule 1 of CPC., praying for a judgment and decree against the

defendants :

(a) for a sum of Rs.1,00,00,000 (Rupees one crore) claimed and further

interest at 18% p.a., from the date of the plaint till realization.

(b)to award the costs of the suit.

1/39

https://www.mhc.tn.gov.in/judis

C.S.No.54 of 2009

(c) To pass further order that may deem fit in the circumstances of the

case.

For Plaintiff

: Mr.Sathish Parasaran, Senior Counsel

Asst. by Ms.Aparajitha Viswanathan

For Defendant

: Mr.Krishna Srinivasan

for M/s.Ramasubramanian & Associates

JUDGMENT

The suit is filed for recovery of a sum of Rs.1.0 crore paid as advance amount

by the plaintiff to the defendant under a

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