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.
CNR: HCMA010126872026
Filing Number
OSA(CAD)/9210/2026
Filing Date
19-01-2026
Registration No
OSA(CAD)/47/2026
Registration Date
18-03-2026
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
01st June 2026
Nature of Disposal
Contested--PARTLY ALLOWED
Acts & Sections
Petitioner(s)
E.C.Bose And Company Private Limited J.RAVIKUMAR, R. Dwarakesh,R. Chandrasekar
Respondent(s)
Sugesan Transport Pvt. Ltd
Adv. Akash Srinanda .V For Caveator,Anirudh A Sriram 1123
Hearing History
Judge: Honourable Mr Justice P. VELMURUGAN , Honourable Mrs.Justice K. GOVINDARAJAN THILAKAVADI
FOR ADMISSION - OSA CAD
FOR ADMISSION - OSA CAD
| Date | Purpose |
|---|---|
| 24-03-2026 | FOR ADMISSION - OSA CAD |
| 21-04-2026 | FOR ADMISSION - OSA CAD |
Orders
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.
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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