Tesa Tapes India Private Limited v. Spacex Composites India Private Limited

O R D E R This application has been filed to issue prohibitory order restraining the second respondent / Garnishee from making payment to the first respondent / defendant to an extent of the suit claims amounting to Rs.5,85,56,366.40 and consequently direct the second respondent / Garnishee to deposit any amount due to the first respondent / defendant to the credit of the suit.

¶2Heard Mr.Narendran Manoharan, learned counsel for the applicant.

¶3A counter had been filed by the second respondent / garnishee indicating that the second respondent had procured certain materials from the first respondent and in this regard, a sum of Rs.10,29,44,540.32 is presently outstanding and is payable to the first respondent as per the ledger maintained Page3 of 4 by the second respondent. In view of the fact that the present suit has been initiated by the applicant / plaintiff for a recovery of a sum of Rs.5,07,64,347.62 and that the application has also been sought for only in respect of the said amount and in view of the specific admission that the second respondent is liable to pay more than the amount involved in the suit, there shall be a direction to the second respondent to deposit a sum of Rs.5,07,64,347.62 to the credit of the suit by drawing Demand Draft in favour of the Registrar General, Madras High Court. On receipt of the Demand Draft, Registry is directed to invest the same in an interest bearing account renewed periodically, pending disposal of the suit.

¶4Accordingly, this Application is closed with the above directions. 01-07-2026 Index: Yes/No Speaking/Non-speaking order vji To The Registrar General, High Court, Madras. A.No.216oofo2026 K.KUMARESHoBABU,oJ. vji ApplicationoNo.216oofo2026 in C.S(COMMoDIV)oNo.12oofo2026 01-07-2026 Page4oofo4

Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 01-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Application No.216 of 2026 in C.S(COMM DIV) No.12 of 2026 Tesa Tapes India Private Limited, Having its registered office at 2101 - 2106, 21st Floor, Kesar Solitaire, Plot No.5, Sector 19, Sanpada, Navi Mumbai, Maharashtra, Thane, India 400 705. Represented by its Authorized Signatory, Mr.Vinod Chandrakant Jha ..Applicant Vs 1. Spacex Composites India Private Limited, Having its Registered Office at 2/1A1, Kathirvedu Village, Ambedkar Street, Madhavaram - 600 066. Tamil Nadu, India. Rep by its Managing Director, Mr.Ranjeet Mahto 2. Nordex India Manufacturing Private Limited, Having its registered office at 51, Rattha Tek Meadows, Tower B Floor 1, Old Mahabalipuram Road, Chennai - 600 119. Rep.by its Managing Director, also at 322/10, Vallal RCK Nagar, Vengal Village, Thiruvallur Taluk, Thiruvallur District - 601 103. Tamil Nadu, India. ..Respondents Page2 of 4 PRAYER : Application filed under Order IV Rule 8 of Original Side Rules, r/w. Order XXI Rules 46 & 46-A of the Code of Civil Procedure, 1908 to issue prohibitory order restraining the second respondent / Garnishee from making payments to the first respondent / defendant to the extent of the suit claims amounting to Rs.5,85,56,366.40 and consequently direct the second respondent / Garnishee to deposit any amount due to the first respondent / defendant to the credit of this suit. For Applicant : Mr.Narendran Manoharan For Respondents : Ms.G.Chanthiraganth for R1 Ms.Srinithi Malavika for R2