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Bhupendra Jethmal Kakka And 3 Ors vs Nikunj Enterprises And 4 Ors
2017 Latest Caselaw 6170 Bom

Citation : 2017 Latest Caselaw 6170 Bom
Judgement Date : 16 August, 2017

Bombay High Court
Bhupendra Jethmal Kakka And 3 Ors vs Nikunj Enterprises And 4 Ors on 16 August, 2017
Bench: Naresh H. Patil
                                                                           7.956.16 scn


          IN THE HIGH COURT OF JUDICATURE AT BOMBAY
             ORDINARY ORIGINAL CIVIL JURISDICTION
                SHOW CAUSE NOTICE NO. 956 OF 2016
                              IN
                      APPEAL NO. 118 OF 2015
                             WITH
            NOTICE OF MOTION (APPEAL) No. 1205 OF 2017
                              IN
                SHOW CAUSE NOTICE NO. 956 OF 2016
                             WITH
                      APPEAL NO. 118 OF 2015
                              IN
              NOTICE OF MOTION (SUIT) NO. 498 OF 2013


Bhupendra Jethmal Kakka and Ors                    ....     Applicants/Appellants
     Vs.
Mikunj Enterprises and Ors                         ....     Respondents

Mr. Deepak Lulia for the Applicants
Ms. Sanjukta Dey i/b Hitesh Dabhi for Respondent nos. 1 to 3
Dr. M. S. Deshpande, Court Receiver present.

                                      CORAM : NARESH H. PATIL &
                                              Z. A. HAQ, JJ.
                                      DATE :  16th AUGUST 2017.

P.C.

1      We have perused the order passed on 20/10/2015 by the Division Bench

of this Court directing respondent nos. 1 to 3 to deposit Rs. 1,30,00,000/- within

4 weeks. Appellants were permitted to withdraw the said amount on furnishing

security. Date of order is 20/10/2015 and since last two years, on number of

times, matter was heard and adjourned. The Hon'ble Apex Court by an order

dated 07/12/2015 passed following order:



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                                                                           7.956.16 scn

              "Upon hearing the counsel the Court made the following
                                             ORDER

Learned senior counsel appearing for the petitioners submits that the matter is listed before the High Court on 15 th December, 2015, and seeks permission to withdraw the special leave petitions.

Permission granted.

The special leave petitions are, accordingly dismissed as withdrawn."

2 Respondents applied for modification of the order 20/10/2015. By an

order dated 05/02/2016, request for modification of order was declined by the

Division Bench of this court. It is submitted that Special Leave Petition was

again preferred by the respondents. The Hon'ble Apex Court has passed

following order on 30/6/2016:

"Upon hearing the counsel the Court made the following ORDER Taken on Board.

The learned counsel appearing on behalf of the petitioners seek permission to withdraw the special leave petitions so as to approach the High Court. He submits that the petitioners have made some arrangement for making further payment and the petitioners would like to state the said fact to the High Court.

If in fact more amount is actually deposited / paid, we are sure that the High Court may reconsider the case upon knowing the facts.

Permission is granted.

The special leave petitions are, accordingly, disposed of as withdrawn."

3 So far Appellants have deposited Rs. 85,00,000/- out of which

Rs. 60,00,000/- has been withdrawn. Rs. 23,00,000/- is said to be lying with the

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7.956.16 scn

Registry of this Court.

4 Counsel appearing for the respondents, on instructions from parties who

are present in the court, submits that within 2-3 months, remaining amount will

be deposited in this Court. The counsel appearing for the appellants submits

that in the similar way, the matter has been dragged. The Court Receiver has

already taken symbolic possession of three flats i.e. 1401, 1402 and B-11 as

described in the order passed on 31/07/2017. The dispute is in respect of

purchase of flat by the appellants from respondents towards part consideration

of amount of Rs. 1,14,00,000/- which was already paid.

5 We find that no useful purpose would be served by adjourning the matter.

We therefore direct the respondent nos.1 to 3 to deposit remaining amount of

Rs.45,00,000/- within 4 weeks from today.

6 The counsel appearing for the respondents, on instructions, submits that

out of 3 flats, flat nos. B-11 and 1402 were mortgaged with banks. The Court

Receiver shall take physical possession of Flat nos. 1401 and 1402 forthwith.

7 Respondents to co-operate with the Court Receiver and remain present on

site on giving intimation. Respondents to remain present in the Court on the

next date.

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                                                                           7.956.16 scn




8     Court Receiver to take steps and submit the report.



9     Stand over to 13/09/2017.



      [Z. A. HAQ, J.]                             [NARESH H. PATIL, J.]




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