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Madras High Court

Hardy Exploration & Production (India) ... vs Samson Maritime Limited on 14 February, 2020

Bench: M.M. Sundresh, Krishnan Ramasamy

                                                                     O.S.A.Nos. 73 & 74 of 2019

                                    IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED : 14.02.2020

                                                      CORAM


                                 THE HONOURABLE MR. JUSTICE M.M. SUNDRESH
                                                    AND
                               THE HONOURABLE MR. JUSTICE KRISHNAN RAMASAMY


                                             O.S.A.Nos.73 & 74 of 2019

                      Hardy Exploration & Production (India) Inc.
                      Having its office at
                      5th Floor, Westminister Building,
                      108, Dr.Radhakrishnan Salai,
                      Mylapore, Chennai – 600 004.                         ... Appellant
                                                                           in both OSAs


                                                        Vs.

                      1.Samson Maritime Limited,
                        Having its registered office at,
                        No.7 Mb, P.T.Building,
                        Malet Bunder, Mumbar – 400 009.
                        Rep. by its Authorized Signatory
                        Kunal Trivedi

                      2.Kotak Mahindra Bank, Mount Road Branch,
                        No.185, Near TVS,
                        Anna Salai, Chennai – 600 006.

                      3.State Bank of India,
                        Egmore Branch,
                        Egmore, Chennai – 600 008.                         ... Respondent
                                                                           in both OSAs




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                                                                        O.S.A.Nos. 73 & 74 of 2019

                      PRAYER : Appeals filed under Order XXXVI Rule 9 of O.S. Rules r/w

                      under Clause 15 of Letters Patent Act against the order dated

                      11.03.2019 in A.Nos.3048 and 3049 of 2018 in E.P.No.11 and 12 of

                      2017.


                                      For Appellant          Mr.Srinath Sridevan for
                                                         :
                                      (in both OSAs)         Mr.Rajmakesh

                                                             Mr.Dominic S.David for R1
                                      For Respondent
                                                         :
                                      (in both OSAs)         Mr.Chevanan Mohan
                                                             for M/s.King & Partridge for R3


                                                 COMMON JUDGMENT

(Delivered by M.M.SUNDRESH,J) These appeals are directed against the order dated 11.03.2019 made in A.Nos.3048 and 3049 of 2018 in E.P.Nos.11 and 12 of 2017.

2.When the matter is taken up for hearing today, it is submitted by the learned counsel appearing for the appellant that 18% of the decree amount has been paid and the remaining amount will also be paid as per the terms placed before the learned Single Judge. Page 2 of 4 http://www.judis.nic.in O.S.A.Nos. 73 & 74 of 2019

3. The submission of the learned counsel appearing for the appellant is not disputed by the learned counsel appearing on behalf of the respondent.

4. In such view of the matter, we are of the view that there is no need for the order to arrest.

5. The Original Side Appeals stand allowed by setting aside the order of arrest passed by the learned Single Judge. However, we make it clear that in the event of non-compliance by the appellant, it is open to the respondents to make a mention and get the appeals restored. Consequently, the Registry is directed to return the passport to the learned counsel appearing for the appellant. No Costs. C.M.P.Nos.7042 & 7046 of 2019 are closed.

                                                                       (M.M.S.,J.)    (K.R.,J.)
                                                                             14.02.2020
                      Index     : Yes/No
                      ssm
                      To

                      The Sub Assistant Registrar
                      Original Side
                      High Court, Madras.



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                                        O.S.A.Nos. 73 & 74 of 2019

                                           M.M. SUNDRESH,J.
                                                       AND
                                      KRISHNAN RAMASAMY,J.


                                                           (ssm)




                                    O.S.A.Nos. 73 & 74 of 2019




                                                     14.02.2020




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