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Mudhit Gupta And Anr vs Sussanne Khan
2021 Latest Caselaw 7432 Bom

Citation : 2021 Latest Caselaw 7432 Bom
Judgement Date : 7 May, 2021

Bombay High Court
Mudhit Gupta And Anr vs Sussanne Khan on 7 May, 2021
Bench: R. I. Chagla
                                                          6-ial-11184-2021.doc

jsn

                IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                   ORDINARY ORIGINAL CIVIL JURISDICTION
                        IN ITS COMMERCIAL DIVISION

                   INTERIM APPLICATION (L) NO.11184 OF 2021
                                        IN
                  EXECUTION APPLICATION (L) NO.2508 OF 2018


       Mudhit Gupta & Anr.                                ... Applicants

       Sussanne Khan                                      ... Judgment
                                                          Creditor

               Versus

       Mudhit Gupta & Anr.                                ...Respondents

                                     ----------
       Ms. Pooja Tidke and Ms. Krushi N.B. for the Judg. Creditor /
       Petitioner.
       Minal Chandnani with Jairam Chandnani i/b. Lexim Associates
       for the Applicant / Judgment Debtor (Ori. Respondents)
                                     ----------

                                     CORAM :          R.I. CHAGLA J.

                                     DATE         :   7TH MAY, 2021.
                                                      (V.C.)

       ORDER :

1. Heard learned Counsel for parties.

2. By this Application the Applicants are seeking a

declaration that the period of restrictions / lockdown imposed

6-ial-11184-2021.doc

by Government of Maharashtra / Goa and India as force-

majeure. Further respective dates of payment as contained in

paragraph no.4 of Consent Minutes of Order be extended for a

period corresponding to period of restrictions / lockdown

imposed by Government of Maharashtra / Goa and India.

3. By an order of this Court dated 5th March, 2021 passed

by (Coram :- B.P. COLABAWALLA,J.) it was recorded that the

parties have tendered Consent Minutes of Order which were

really in the nature of the Consent Terms under which parties

had settled their disputes. It was further recorded that since

the amounts are being paid in an expeditious manner, the

Judgment Creditor has agreed to receive a lesser amount of

Rs.5,65,48,457.84 (settlement amount) in full and fnal

settlement of the arbitral award subject to the terms and

conditions more particularly set out in the Minutes of the

Order.

4. The learned Counsel for the Applicants has sought for

variation of clause 4 of the Consent Terms which is the

payment schedule since the deposit of Rs.50 lakhs which was to

be made within 30 days from the date of preceding payment i.e.

on 12th April, 2021 could not be made in view of the lockdown.

6-ial-11184-2021.doc

5. The learned Counsel for the Respondents has vehemently

opposed the application and has stated that the Applicant has

defaulted in making payment as per the payment schedule and

in view thereof the Respondents seeks to proceed with the

Execution Application (L) No.2508 of 2018 for execution of the

award.

6. Considering the submissions of the learned Counsel for

parties, it is clear from the perusal of order dated 5th March,

2021 that the minutes of order are in the nature of Consent

Terms by which the parties settled their disputes. Further, it is

made clear in paragraph 2 of the said order that with a view to

receive the amounts in an expeditious manner, the Judgment

Creditor has agreed to receive a lesser amount of

Rs.5,65,48,457.84 (settlement amount) in a full and fnal

settlement of the Arbitral award subject to the terms and

conditions more particularly set out in the Minutes of the

Order.

7. In view thereof, it is for the Respondents to consent to

any variation in the Minutes of the Order by extending the

respective dates of payment in the payment schedule contained

6-ial-11184-2021.doc

in clause 4 of the Consent Minutes of Order. It is further noted

that the Consent Minutes of the Order had been entered

between the parties during the Covid 19 pandemic and

therefore, it is now not open for the learned Counsel for the

Applicant to contend that the period of restriction / lockdown

imposed by Government of Maharashtra / Goa and India as

force-majeure. Considering that there is no consent of the

Respondents to the variation of Clause 4 of the Consent Terms,

there is no merit in the Interim Application and accordingly no

relief as sought for is required to be granted.

8. The Interim Application is accordingly dismissed with no

order as to costs.

9. The Execution Application (L) No.2508 of 2018 shall be

placed on board on 10th June, 2021.

[R.I. CHAGLA J.]

 
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