Madras High Court
APPEAL(CAD)/45/2026 of Patiala Cargo Carrier Vs M/s.Tube Investments of India Ltd on 10 September 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 10-09-2026
CORAM
THE HON'BLE MR JUSTICE P. VELMURUGAN
AND
THE HON'BLE MR.JUSTICE GK.MUTHUKUMAAR
APPEAL(CAD) Nos.45 to 49 of 2026
and
CMP.Nos.12311, 12340, 12342, 12371 & 12420 of 2026
Patiala Cargo Carrier
Transporter,
Contractor and Commission Agents,
GT Road, Byepass(Ambala Side),
Rajpura 140401, Punjab.
..Appellant in all
Vs
1. M/s.Tube Investments of India Ltd
(Unit of TI Cycles India), Post Bag No 5, Tiruvallur High Road, Ambattur, Tiruvallur, Chennai 600 053.
Rep. by Subrogee and Power agent,
M/s.The New India Assurance Company Ltd., Rep. by its Senior Divisional Manager, Rani Seethai Hall, DO(710300), No.603, Anna Salai, Chennai 600 006.
2. M/s.New India Assurance Company Limited, (Rep. by its Senior Divisional Manager)
Rani Seethai Hall, Do (710300) No. 603,
Anna Salai, Chennai-06.
..Respondents in all
These Appeals are filed under Section 13(1) of the Commercial Courts Act, 2015 r/w Order 41 Rule 1 of the Code of Civil Procedure, to set aside the common judgement and decree dated 07-03-2026 made in COS.Nos.331, 327,
326, 330 and 328 of 2024 on the file of the Additional Commercial Court, Egmore, Chennai.
For Petitioner(s):
in all cases
Mr.S.Syed Mazhar Hayath
For Respondent(s):
in all cases
Ms.S.Radhadevi
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COMMON JUDGMENT
(Judgment of the Court was delivered by P.Velmurugan J.) On 02.07.2026, this Court referred the matter to the mediation centre. When the matter was taken up today, the learned counsel for both sides submitted that the dispute has been amicably settled between the parties and they have produced the settlement agreements dated 01.09.2026, duly signed by the parties.
2. The mediation report received from the mediation centre also reflects that the mediation is complete and the parties have settled the dispute and entered into the settlement agreements.
3. Since the parties have amicably settled their issue and entered into the settlement agreements, these Appeals are dismissed as settled out of Court. The the settlement agreements dated 01.09.2026 shall form part and parcel of the order. The appellants are entitled to a refund of court fee as per the relevant Rules. No costs. Consequently, connected Miscellaneous Petitions are closed. (P.V.,J.) (G.K.M.,J.) 10-09-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No VKR To The Sub Assistant Registrar (Original Side), High Court of Madras.
P.VELMURUGAN, J. AND GK.MUTHUKUMAAR, J. VKR APPEAL(CAD) Nos. 45 to 49 of 2026 10-09-2026