Megalo Worldwide Logistics Pvt Ltd Formally Known As Ahl Freight India Pvt Ltd v. T Abdul Wahid and Co Rep by Its Partners 1 Mr T Faizan Ahmed and 2 Mr H Mahmood Akhter

ORDER This application has been filed to pass an order directing the respondents to furnish bank guarantee to the value of Rs.1,53,90,988/- till the disposal of the suit.

¶2Heard Mr.M.Ganesan, learned counsel for the applicant.

¶3The applicant/plaintiff had earlier filed a suit in C.S.(Comm.Div.) No.38 of 2021, claiming a sum of Rs.1,37,37,544/- which was referred to mediation and a Memorandum of Compromise was filed between the parties and a settlement was arrived at for a sum of Rs.90,73,116/- towards which the defendants had issued post-dated cheques. However, all the cheques were returned by the respective Banks with the endorsement "Insufficient Funds".

¶4The legal notices that were sent pursuant to the returned cheques were also returned with an endorsement "Left" and hence the present suit had been filed, seeking for recovery of a sum of Rs.1,53,90,988/-. The Court summons in the suit were served upon the defendants and none of the defendants is present before this Court today. Page4 of 5

¶5The conduct of the respondents/defendants in not honouring the Memorandum of Compromise that had been arrived at in the earlier suit reflect their conduct in leaving the plaintiff high and dry, while enriching themselves. Since the respondents have been set ex parte by orders of this Court, the application stands ordered as prayed for. No costs. 02-06-2026 (2/2) Index: Yes/No Speaking/Non-speaking order kak AoNo.o1956oofo2026 K.KUMARESHoBABU,oJ. kak AoNo.o1956oofo2026 in C.So(COMMoDIV).No.253oofo2025 02-06-2026 Page5oofo5

Page1 of 5 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 02-06-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU in C.S (COMM DIV).No.253 of 2025 Megalo Worldwide Logistics Pvt Ltd Formally known as M/s.AHL Freight India Pvt Ltd., Rep.by its Manager Credit Control/Authorized Signatory, Mr.S.T.Ravi Shankar, Having Office at New No 25, The Egmore Benefit Society Building, 3rd Floor Flowers Road, Purasawalkam, Chennai 600 084 ..Applicant(s) Vs 1. M/s.T.Abdul Wahid and Co., Rep by its Partners, [1] Mr.T.Faizan Ahmed & [2] Mr H Mahmood Akhter, Having Office at No.1, Maskur Building 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34. 2. T.Faizan Ahmed One of the Partners of M/S.T.Abdul Wahid and Co Having Office at No.1, Maskur Building 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34 3. H.Mahmood Akhter One of the Partners of M/S.T.Abdul Wahid and Co Having Office at No.1, Maskur Building 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34 4. M/s.Taw Exports Pvt.Ltd Page2 of 5 Rep by its Managing Director, Mr.Faizan Ahmed, Having Office at No.1, Mashkur Building, 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34 5. Mr.Hakim Mahmood Akhtar One of the Directors of M/.TAW Exports Pvt.Ltd., Having Office at No.1, Mashkur Building, 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34 6. Fatimah Zahra Thadey One of the Directors of M/.TAW Exports Pvt.Ltd., Having Office at No.1, Mashkur Building, 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34 7. Mr.Faizan Ahmed The Managing Director of M/s.TAW Exports Pvt.Ltd., Having Office at No.1, Mashkur Building, 3rd Floor, Krishnamma Road, Nungambakkam, Ch-34. And presently all are having office at Old.No.26, New.No.53, Vepery High Road, Peraimet, Chennai-600003 ..Respondent(s) To pass an order directing the respondents to furnish bank guarantee to the value of Rs.1,53,90,988/- till the disposal of the suit. For Applicant(s): Mr.M.Ganesan For Respondent(s): No appearance(Served) Page3 of 5