Summary: The Madras High Court handled a case about a dispute over unpaid diesel between R. Magesh and Vel and Co. The court decided to seize some properties because of the unpaid money.
R. Magesh, who runs GPR Agency in Arakkonam, Vellore District, was in a legal fight with Vel and Co, a business partnership. The partners, C.K. Velu and J. Gajendran, were at the center of this dispute.
Magesh sold diesel to Vel and Co on credit. By March 31, 2018, they owed him over 38 lakh rupees. Even with this debt, he kept supplying diesel, and the amount grew to over 1.5 crore rupees. They gave him a cheque on September 10, 2018, but it bounced the next day because the account was closed.
"The cheque was returned as 'account closed'," said Magesh.
Magesh wanted the court to take properties owned by Vel and Co’s partners and their family members, thinking they were trying to avoid paying by moving their assets.
Tamil Nad Mercantile Bank asked to remove the property seizure, claiming they had an interest in the properties. On August 4, 2025, the court agreed, making Magesh’s case more complicated.
Justice R. Sakthivel decided on December 9, 2025:
The court allowed Magesh to seize some properties to cover the unpaid diesel debt, but not all properties he wanted. This means Magesh might finally get some of the money he's owed, although it hasn't been an easy process.
