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Ajay Lohia vs Taksha Spaces Pvt Ltd And 5 Ors
2021 Latest Caselaw 9807 Bom

Citation : 2021 Latest Caselaw 9807 Bom
Judgement Date : 27 July, 2021

Bombay High Court
Ajay Lohia vs Taksha Spaces Pvt Ltd And 5 Ors on 27 July, 2021
Bench: G.S. Patel
                                                    7-IA524-2021-IN-S41-2021.DOC




 Shephali



     IN THE HIGH COURT OF JUDICATURE AT BOMBAY
            ORDINARY ORIGINAL CIVIL JURISDICTION
              INTERIM APPLICATION NO. 524 OF 2021
                                        IN
                               SUIT NO. 41 OF 2021


 Naozad Realty Pvt Ltd                                                  ...Plaintiff
      Versus
 Taksha Spaces Pvt Ltd & Ors                                       ...Defendants

                            WITH
                  APPEAL (L) NO. 10514 OF 2021
                              IN
              INTERIM APPLICATION NO. 524 OF 2021
                                      WITH
            INTERIM APPLICATION (L) NO. 10515 OF 2021
                             IN
              INTERIM APPLICATION NO. 524 OF 2021
                            WITH
            INTERIM APPLICATION (L) NO. 12872 OF 2021
                                        IN
                          SUIT (L) NO. 12865 OF 2021
                                      WITH
            INTERIM APPLICATION (L) NO. 12875 OF 2021
                                        IN
                          SUIT (L) NO. 12866 OF 2021
                                      WITH



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          INTERIM APPLICATION (L) NO. 12876 OF 2021
                                      ION
                          SUIT (L) NO. 12867 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 12877 OF 2021
                                       IN
                          SUIT (L) NO. 12868 OF 2021
                                    WITH
         INTERIM APPLICATION (L) NO. 12878 OF 2021
                                       IN
                          SUIT (L) NO. 12870 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 12879 OF 2021
                                       IN
                          SUIT (L) NO. 12874 OF 2021
                                    WITH
         INTERIM APPLICATION (L) NO. 12882 OF 2021
                                       IN
                          SUIT (L) NO. 12873 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 12883 OF 2021
                                       IN
                          SUIT (L) NO. 12871 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 13056 OF 2021




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                                       IN
                         SUIT (L) NO. 13050 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 13057 OF 2021
                                       IN
                         SUIT (L) NO. 13049 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 13058 OF 2021
                                       IN
                          SUIT (L) NO. 13054 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 13062 OF 2021
                                       IN
                          SUIT (L) NO. 13052 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 13063 OF 2021
                                       IN
                          SUIT (L) NO. 13053 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 15955 OF 2021
                                       IN
                          SUIT (L) NO. 15952 OF 2021
                                    WITH
          INTERIM APPLICATION (L) NO. 15956 OF 2021
                                       IN




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                          SUIT (L) NO. 15954 OF 2021


 Mr Zubin Behramkamdin,with Nitya Shah, Kinnar Shah & Aneesha
      Munshi, i/b Divya Shah Associates, for the Plaintiffs in
      IAL/12875, 12878 & 13056 of 202 and IA/524/2021 in
      S/41/2021.
 Mr Mayur Khandeparkar,with Vikramjit Garewal, Paresh Shah,
      Pooj Bhatia & Meghna Mehta, i/b M/s. Shah & Sanghavi, for
      Defendant No. 3 in IAL/15955/2021 in SL/15952/2021 and for
      Defendant No. 2 in other matters.
 Mr Chirag Mody, with Nitya Shah, Kinnar Shah & Aneesha Munshi,
      i/b Divya Shah Associates, for the Plaintiffs in IAL/12872,
      13057, 13058, 13062 & 13063 of 2021.
 Mr Vyom Shah, with Nitya Shah, Kinnar Shah & Aneesha Munshi, i/
      b Divya Shah Associates, for the Plaintiffs in IAL/12876, 12877,
      12879, 12882 & 12883 of 2021.
 Mr Chirag Mody, with Pariket Shah, for Defendants Nos. 7 to 22 in
      IA/524/2021 in S/41/2021.
 Mr Zal Andhyarujina, Senior Advocate, with Maithili Parikh,
      Punit Damodar, Nikita Vardhan & Vishal Tiwari, i/b Kanga &
      Co, for Defendant No. 6-ICICI Bank Ltd.


                               CORAM: G.S. PATEL, J
                                      (Through Video Conferencing)
                               DATED: 27th July 2021
 PC:-


 1.

I have concluded the hearing in the matters. I have taken on record the Written Submissions filed. The Plaintiffs and the society however request that judgment not be pronounced for some time as they are exploring the possibility of a settlement. All agree that they may require the assistance of the Court in that settlement. They are at liberty to apply should the need arise. If a settlement is arrived at,

27th July 2021

7-IA524-2021-IN-S41-2021.DOC

and within a reasonable time, they should inform the Court Associate so that the matter can be listed for appropriate orders. Equally, if no settlement is possible, they should inform the Court Associate and I will then proceed with the judgment.

2. For this reason, and at the request of the parties, no date is yet fixed for pronouncement. At this stage, the matter is not yet reserved for judgment.

3. All concerned will act on production of an ordinary copy of this order.

(G. S. PATEL, J)

27th July 2021

 
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