Poonawalla Fincorp Limited vs Manoj Kumar Tamboli And Ors

Citation : 2022 Latest Caselaw 2083 Cal/2
Judgement Date : 28 July, 2022

Calcutta High Court
Poonawalla Fincorp Limited vs Manoj Kumar Tamboli And Ors on 28 July, 2022
ODC 14
                                  ORDER SHEET
                                   EC/256/2022
                         IN THE HIGH COURT AT CALCUTTA
                       ORDINARY ORIGINAL CIVIL JURISDICTION
                              COMMERCIAL DIVISION


                          POONAWALLA FINCORP LIMITED
                                     VS
                         MANOJ KUMAR TAMBOLI AND ORS


  BEFORE:
  The Hon'ble JUSTICE SHEKHAR B. SARAF

Date: 28th July, 2022.

Appearance:

Mr. Paritosh Sinha, Adv.

Mr. K.K. Pandey, Adv.

Ms. Enakshi Saha, Adv.

The Court: This is an application for execution of an award dated 31st March, 2021. It is submitted on behalf of the decree holder that the award has become final, binding and enforceable. There was no challenge to the same. The award is for a sum of Rs.19,72,683/-. In view of the fact that the award has become final, binding and enforceable, the judgment debtors are directed to file their Affidavit of Asset in Form No.16A, Appendix-E of the Code of Civil Procedure, 1908. In default of filing of such Affidavit of Assets, appropriate orders for issuance of Warrant of Arrest would be issued against the judgment-debtors.

Let this matter appear after ten weeks.

The decree holder is directed to forthwith serve a notice on the judgment debtors and inform them of the returnable date and file an affidavit of service in Court.

(SHEKHAR B. SARAF, J.) sp/