Citation : 2021 Latest Caselaw 17657 Bom
Judgement Date : 20 December, 2021
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INTERIM APPLICATION NO.2296 OF 2021
IN
COMMERCIAL EXECUTION APPLICATION (L) NO.709 OF 2019
Vinod Lalji Nandu & Ors. .. Applicants/Decree Holders/
Org.Plaintiffs
v/s.
Mohammad Imtiaz Yunus Khan & Ors. .. Judg.Debtors/Org.Defendants
Ms. Prajakta Sakpal for the applicants.
Mr. Kaustubh Gupte for the defendants.
CORAM : A. K. MENON, J.
DATED : 20TH DECEMBER, 2021.
P.C. :
1. The applicants have filed IA seeking disclosure of assets of the
judgment debtors including statutory dues in terms of prayer
clauses (a) and (b) and also for appointment of Court Receiver to
take possession of the properties to be disclosed.
2. On behalf of the respondents, the learned counsel undertakes to
Digitally signed by SANDHYA enter appearance within one week from today. He submits that SANDHYA BHAGU BHAGU WADHWA WADHWA Date:
2021.12.22 15:43:56 +0530
26.ia-2296-21.doc wadhwa talks are underway to settle the claim of the applicants-plaintiffs.
Considering the fact that the decree is of February 2019 and no
appeal has been filed, the decree having become executable, an
order of disclosure is justified. Accordingly, I am of the view that
the respondents and each of them are required to disclose their
assets.
3. In view thereof, I pass the following order;
(i) Vakalatnama on behalf of respondents to be filed within one
week from today.
(ii) There will be an ad-interim order in terms of prayer clauses
(a) and (b).
(iii) Disclosure shall be complete in all respects.
(iv) Disclosure affidavits to be filed by the respondents separately
disclosing assets of the individual as well as of the partnership
firm. If there are any other partners other than respondent nos.1
& 2, such partners shall also file their affidavits of disclosure.
Disclosure affidavits shall be personally verified by the
respondent nos.1 & 2.
(v) Disclosure shall be filed within three week from today.
(vi) Copies of all documents in support of disclosure shall be
26.ia-2296-21.doc wadhwa furnished in advance to the other side. Copies shall not be filed in
court without leave of the court.
(vii) List for compliance on 10th January, 2022.
(A. K. MENON, J.)
26.ia-2296-21.doc wadhwa
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