Tamil Nadu Industrial Investment Corp Withdraws Suitor Fund

Authority: Supreme Court of India

Order Date: 13-08-2026

Case Overview

• Parties: The Tamil Nadu Industrial Investment Corporation Ltd. & Anr (Petitioner) vs. M/S Packer Sea Food (Pvt) Ltd (Respondent) and Suitor Fund.
• Proceedings: Miscellaneous Application No.2564/2025 filed in CA No.2679/2013, seeking withdrawal of the suitor fund amount lying with the Registry after the appeal was dismissed due to the respondent's absence.
• Counsel Statements: Petitioner's counsel asserted that the amount due and payable to the respondent had already been cleared.
• Court Observation: The Court, after hearing counsel, noted the clearance of the amount and the dismissal of the appeal.

Final Outcome

• The Court ordered that the applicant (Tamil Nadu Industrial Investment Corporation Ltd. & Anr) is permitted to withdraw the suitor fund amount from the Registry.

Topics: Court Order, Suitor Fund Withdrawal, Appeal Dismissal