Daily Status
Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh
Case No : COS - 222/2017
Diary No : 3653605001792017
M/s.Photon Energy Systems Ltd., Rep. through its CEO and Executive Director Sri Gowtham Kumar Nalamada, VS Sri Dileep Padgaonkar
Listing Date : 10/01/2024
Date 10/01/2024   Court No. 1
Proceedings Summery Notice affixed on the notice board of this court. Judgment pronounced in the open court (VSJ) In the result the suit is partly decreed as under. 1.The defendant no.1 is directed to pay an amount of Rs.2,00,00,000/- to the plaintiff along with interest @ 12% PA from 01.06.2012 to till the date of filing the suit i.e. 29.05.2015. 2.The defendant no.1 is directed to pay interest @6% PA on the principal sum of Rs,.2.00 crores to the plaintiff from the date of filing of the suit to till the date of its realization. 3.The plaintiff is entitled for the costs of the suit. 4.The suit against the defendant no.s 2 to 4 is dismissed. Stage Of Case For Judgment