Madras High Court
C.S(COMM DIV)/171/2026 of GREEN MALABAR FINANCE VENTURES LIMITED Vs PETROMONEY INNOVATIONS PRIVATE LIMITED and another on 12 October 2026
C.S(COMM DIV) No. 171 of 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 12-10-2026
CORAM
THE HONOURABLE MR.JUSTICE P.B. BALAJI
C.S(COMM DIV) No. 171 of 2026
CNR:{HCMA010772132026}
A No. 1702 of 2026 & OA No. 617 of 2026
Green Malabar Finance Ventures
Limited
Rep by its Authorized Representative
K. R. Vijay,
having its registered office at
No.20C/2A, Sarangapani Street,
T. Nagar, Chennai - 600017
Plaintiff
Vs
1. PETROMONEY INNOVATIONS
PRIVATE LIMITED
(Formerly known as NASM Petro
Innovations Private Limited)
Registered office at No.4,
Morrison 4th Street, M.K.N. Road,
Alandur, Chennai-600 016
2.Srinivasan Narayanswamy
Residing at 68, Arasamara Street,
Peramandur, Villupuram,
Tindivanam,Tamil Nadu - 604 302
Defendant(s)
C.S(COMM DIV) No. 171 of 2026
PRAYER
Civil Suit filed under Order VII Rule 1 CPC read with Order IV Rule 1 of
C.S(COMM DIV) No. 171 of 2026
O.S. Rules, Sections 27, 28, 29, 134 and 135 of the Trademarks Act, 1999 and Section 7 of The Commercial Courts Act, 2015 to grant a judgment and decree on the following terms- (a)
a permanent injunction restraining the Defendants, themselves, their directors, officers, successors-in-business, servants, agents, distributors, dealers, stockists, wholesalers, retailers, shopkeepers, representatives, assigns and all persons claiming through or under them from in any manner using or otherwise dealing with the trademark/logo PETROMONEY or any other mark which is deceptively similar to the Plaintiffs registered trademark amounting to infringement of the Plaintiffs registered trademark PETROMONEY or in any other manner whatsoever; (b)
a permanent injunction restraining the Defendants, their directors, officers, men, servants, agents, distributors, stockists, successors in business, retailers, legal representatives, heirs, assigns or any other person claiming through or under them, from passing off and enabling others to pass off Defendants business/services as and for Plaintiffs services by use of mark/label PETROMONEY name and logo across digital platforms, documents, communications and business operations or any name/mark similar to Plaintiff’s mark/label PETROMONEY or in any other manner whatsoever;
(c)
the Defendants be ordered to surrender to the Plaintiff for destruction all materials, documents, advertisement materials, and business stationary bearing the offending PETROMONEY name and logo or any other
C.S(COMM DIV) No. 171 of 2026
mark similar to Plaintiff’s trademark
(d)
a preliminary decree be passed in favour of the Plaintiff directing the Defendants to render true and faithful account of profits earned by them (specifically for amounts received post 03.11.2025 by use of offending trademark PETROMONEY and a final decree be passed in favor of the Plaintiff for the amount of profits thus found to have been made by the Defendants after the latter have rendered accounts; (e)
Defendant No. 1 be directed to remove the prefix Petromoney from the company name and (f)
Costs for entire costs of the suit.
For Plaintiff
::
Mr.K.R. Ahswinkumar
For Defendants
::
Mr.M.V. Karthik
for M/s. AMS Legal for D1
No appearance for D2
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
J U D G M E N T
Pending suit, the parties have arrived at an amicable settlement and terms of the settlement have been reduced into writing vide Settlement Agreement dated 08.10.2026. A photostat copy of the said agreement, duly signed by the parties to the lis is also forwarded for my approval.
2. Learned counsel on either side state that it would suffice to record the operative provisions of the terms of Settlement Agreement, which have been reduced into writing at clauses 1.1 to 1.4.
C.S(COMM DIV) No. 171 of 2026 P.B. BALAJI,J. nv
3. The suit is decreed in terms of clauses 1.1 to 1.4 of the Settlement Agreement dated 08.10.2026. However, there shall be no orders as to costs. Connected applications are closed. 12-10-2026 nv C.S(COMM DIV) No. 171 of 2026 and A No. 1702 of 2026,OA No. 617 of 2026