E.C.Bose And Company Private Limited J.RAVIKUMAR, R. Dwarakesh,R. Chandrasekar vs Sugesan Transport Pvt. Ltd — OSA(CAD)/47/2026

Case under U/s 13 Commercial Courts, Commercial Division and Com.appellate Division of the High Courts Act,2015 Section 1. Disposed: Contested--PARTLY ALLOWED on 01st June 2026.

Case disposed

CNR: HCMA010126872026

Filing Number

OSA(CAD)/9210/2026

Filing Date

19-Jan-2026

Registration No

OSA(CAD)/47/2026

Registration Date

18-Mar-2026

Judge

Honourable Mr Justice P. Velmurugan , Honourable Mrs.Justice K. Govindarajan Thilakavadi

Coram

Honourable Mr Justice P. Velmurugan , Honourable Mrs.Justice K. Govindarajan Thilakavadi

Bench Type

Division Bench

Category

Commercial Appellate Division ( 182 )

Judicial Branch

JUDICIALSECTION

Decision Date

01-Jun-2026

Nature of Disposal

Contested--PARTLY ALLOWED

Last updated 02-Jun-2026

Acts & Sections

U/s 13 Commercial Courts, Commercial Division and Com.appellate Division of the High Courts Act,2015 Section 1

Petitioner(s)

  1. 1.E.C.Bose And Company Private Limited J.RAVIKUMAR, R. Dwarakesh,R. Chandrasekar

Respondent(s)

  1. 1.Sugesan Transport Pvt. Ltd

    Adv. Akash Srinanda .V For Caveator,Anirudh A Sriram 1123

Case History

  1. Case disposedDisposed

  2. 01-Jun-2026

    Honourable Mr Justice P. VELMURUGAN,Honourable Mrs.Justice K. Govindarajan ThilakavadiView PDF

    Summary: E.C. Bose & Company Pvt. Ltd. v. Sugesan Transport Pvt. Ltd. (OSA(CAD) No. 47/2026) The High Court of Madras partly allowed the appeal, holding that E.C. Bose must repay Rs. 2.50 Crores to Sugesan Transport but WITHOUT interest, reversing the single judge's award of 12% interest. The court found the 2015 Memorandum of Understanding was a mixed financial and joint business arrangement (not purely a loan) intended for both a cargo handling project and equipment provision, though the project ultimately failed due to joint inability to perform obligations. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 21-Apr-2026

    For Admission - Osa Cad

    Honourable Mr Justice P. Velmurugan , Honourable Mrs.Justice K. Govindarajan Thilakavadi

  4. 24-Mar-2026

    First hearing

    Initial hearing scheduled

  5. 19-Jan-2026

    Case filed

    Registration No. OSA(CAD)/47/2026

casestatus.in Summary

Summary: E.C. Bose & Company Pvt. Ltd. v. Sugesan Transport Pvt. Ltd. (OSA(CAD) No. 47/2026) The High Court of Madras partly allowed the appeal, holding that E.C. Bose must repay Rs. 2.50 Crores to Sugesan Transport but WITHOUT interest, reversing the single judge's award of 12% interest. The court found the 2015 Memorandum of Understanding was a mixed financial and joint business arrangement (not purely a loan) intended for both a cargo handling project and equipment provision, though the project ultimately failed due to joint inability to perform obligations. This case analysis is maintained by casestatus.in based on publicly available court records.

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