Madras High Court
OSA(CAD)/120/2026 of VEES Properties Ltd. Vs Casagrand Exotia Pvt Ltd. on 26 October 2026
OSA(CAD) No. 120 of 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 26-10-2026
CORAM
THE HON'BLE MR JUSTICE N. SATHISH KUMAR
AND
THE HON'BLE MR.JUSTICE GK.MUTHUKUMAAR
OSA(CAD) No. 120 of 2026
CNR:{HCMA012516012026}
AND
CMP NO. 28760 OF 2026
VEES Properties Ltd.,
Rep by its Authorized Signatory,
having its registered office at
No.10, Srushtissthai,
II Cross Street, R.A. Puram,
Chennai 028.
..Petitioner(s)
Vs
Casagrand Exotia Pvt Ltd.,
Rep.by its Authorized Signatory,
having its registered office at
NPL Devi, New No.111, O.No.59,
L.B. Road, Thiruvanmiyur,
Chennai 041.
..Respondent(s)
Original Side Appeal filed under Order XXXVI Rule 9 of the Original Side Rules read with Section 37(1)(b) of the Arbitration and Conciliation Act, 1996 and Section 13(1A) of the Commercial Courts Act, 2015 to set aside the order dated 28.09.2026 passed by this Court in O.A No.1169 of 2025.
For Petitioner(s):
Mr.R.Parthasarathy
Senior counsel
for Mr.Rahul Balaji
OSA(CAD) No. 120 of 2026
For Respondent(s):
Ms.Vasutha Thiagarajan
for Mr.R.Thiagarajan
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JUDGMENT
(Judgment of the Court was delivered by N.Sathish Kumar J.) Today, when the appeal was taken up, an affidavit dated 24.10.2026 has been filed on behalf of the appellant stating that the appellant and the respondent have arrived at the consensus to settle the dispute. The relevant portion of the affidavit reads as follows: "8. The Appellant and GRN will execute and register 7 sale deeds sent as draft sale deeds by the Respondent, in its email dated 19.09.2026, for a total of 35.23 acres, i.e.27.28 acres by the Appellant and 7.95 acres by GRN, on a date to be specified by the Respondent and agreeable by GRN and the Appellant. The survey numbers and extents are given in Parts A and B of the Schedule below.
9. Within 60 days from today, the Appellant will transfer 2.78 acres to GRN and GRN will in turn convey 2.75 acres to the Respondent, as per the list sent with the email dated 23.10.2026. The survey numbers and extents are given in Parts C and D of the Schedule below.
10. With this, the Respondent will get a total of 37.98 acres from the Appellant and GRN.
11. The Respondent has agreed to buy the balance 35.74 acres of third- party lands mentioned in the Amendment Agreement, directly from the third parties as its own expense. The Appellant will not in any manner obstruct or jeopardise any such purchase by the Respondent.
OSA(CAD) No. 120 of 2026
12. The Respondent will cancel the sale agreement registered as Document No.5063 of 2022 in so far as the 1.60 acres in S.Nos.141/3 and 141/10 belonging to the Appellant and as mentioned in Clause 5 of the Amendment Agreement dt.24.10.2024 as early as possible and in any event, within 60 days from the date of registration of sale deeds by the Appellant.
13. The Respondent will hand over to the Appellant all the original title deeds in its custody for the remaining lands belonging to the Appellant, within 60 days from the date of registration sale deeds by the Appellant.
14. The Respondent will not object to any paper publication by other buyers for lands of the Appellant or other third parties for lands other than those covered in the Amendment Agreement dt.24.10.2024.
15. I state that the present affidavit is being filed without prejudice to the rights of the Appellant in the main Appeal, if this settlement between the Appellant and Respondent were to fail."
2. The above affidavit is taken on record and the Original Side Appeal is disposed of on the above terms. The affidavit dated 24.10.2026 shall form part of the decree. There shall be no order as to costs. Consequently, the connected miscellaneous petition is closed. (N.S.K.,J.) (G.K.M.,J.) 26-10-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No gpa
OSA(CAD) No. 120 of 2026
N.SATHISH KUMAR J. AND GK.MUTHUKUMAAR J. gpa OSA(CAD) No. 120 of 2026 & CMP No. 28760 of 2026 26-10-2026