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madras High Court · 2026-06-25

STATE INDUSTRIES PROMOTION vs M/S.SULOCHANA ENTERPRISES

Court
madras High Court
Petitioner
STATE INDUSTRIES PROMOTION
Respondent
M/S.SULOCHANA ENTERPRISES
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Judgment text excerpt

O.P.No.560 of 2014 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 25-06-2026 CORAM THE HON'BLE DR.JUSTICE A.D.MARIA CLETE OP No. 560 of 2014 State Industries Promotion Corporation Of Tamilnadu Limited, Rep By Its Chairman & Managing Director ..Petitioner(s) Vs 1. M/s.Sulochana Enterprises (p) Ltd., No.65, Alinjivakkam Village, Periyapalayam Road, Sholavaram, Chennai - 600 067 2. R.Premalatha W/o.K.P.D.Rajendran No.127, Trivendram Road, Tirunelveli - 627 002 3. Ponni W/o.K.P.D.Suresh Kumar Flat No.58, S.K.Nagar, Seelanayakanpatti, Salem 4. K.P.D.Rajendran S/o.K.P.Dharmarajan No.127, Trivendram Road, Palayamkottai, Tirunelveli - 627 002 5. M/s.The Tamil Nadu Industrial Investment Corporation Ltd., Thiruvallore Branch, No.86, C & D, Ii Main Road, Ambattur Industrial Estate, Chennai - 600 058 ..Respondent(s) 1/4 https://www.mhc.tn.gov.in/judis ( Uploaded on: 27/06/2026 03:54:46 pm ) O.P.No.560 of 2014 PRAYER: a)Determining the liabilities of the respondents and directing the respondents 2 to 4 jointly and severally to pay the petitioner a sum or Rs.1,45,88,278/- together with interest 15% p.a. from 29.02.2012 till the date of realization failing which to proceed against personally an