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Vipin Sanklecha And Anr vs Suntech Realty Ltd
2022 Latest Caselaw 7786 Bom

Citation : 2022 Latest Caselaw 7786 Bom
Judgement Date : 10 August, 2022

Bombay High Court
Vipin Sanklecha And Anr vs Suntech Realty Ltd on 10 August, 2022
Bench: B.P. Colabawalla
                                                                 10-EXA(L)-1142-2018.doc

GANESH
SUBHASH
LOKHANDE
Digitally signed by
                                 IN THE HIGH COURT OF JUDICATURE AT BOMBAY
GANESH SUBHASH
LOKHANDE
Date: 2022.08.10
                                        ORDINARY ORIGINAL CIVIL JURISDICTION
18:12:45 +0530



                                    EXECUTION APPLICATION (L) NO. 1142 OF 2018

                      Vipin Sanklecha & Anr.                           .. Plaintiffs
                                Vs.
                      Sunteck Reality Ltd.                             .. Defendant
                                                       WITH
                                      INTERIM APPLICATION (L) NO. 26255 OF 2021
                                                         IN
                                   EXECUTION APPLICATION (L) NO. 1142 OF 2018


                      Vipin Sanklecha & Anr.                           .. Applicants
                                                                       (Org. Decree Holders)
                      IN THE MATTER BETWEEN:
                      Vipin Sanklecha & Anr.                           .. Decree Holders
                                Vs.
                      Sunteck Reality Ltd.                             .. Judgment Debtor
                              AND
                      Newstar Realty LLP's & Ors.                      .. Respondents
                                                       WITH
                                          CHAMBER SUMMONS NO. 779 OF 2018
                                                         IN
                                   EXECUTION APPLICATION (L) NO. 1142 OF 2018


                      Vipin Sanklecha & Anr.                           .. Applicants
                                                                       (Org. Plaintiffs)


                      Ganesh Lokhande                                             page 1 of 4
                                               10-EXA(L)-1142-2018.doc


IN THE MATTER BETWEEN:
Vipin Sanklecha & Anr.                              .. Plaintiffs
           Vs.
Sunteck Reality Ltd.                                .. Defendant



Dhrumil C. Shah a/w. Mahir Shah i/b. Lex Services for the Decree
Holders.
Tejashree Sarvaiya i/b. Wadia Ghandy & Co. for Judgment Debtor.
Mrs. Parul Merchant on behalf of the Judgment Debtor is present.
Mr.Vipin Kumar Sanklecha is present in Court.
Mr.Vaishali Vipin Sanklecha is present in Court.



                                  CORAM:- B. P. COLABAWALLA,J.

DATE :- 10th AUGUST, 2022.

P. C.:

1. When the above matter is called out, the parties have

tendered the Consent Terms. The learned advocate appearing on behalf

of the Decree Holders as well as the learned advocate appearing on

behalf the Judgment Debtor has stated that the Consent Terms dated

10th August, 2022 executed between the parties settles all the disputes

between them and the Execution Application as well as all interlocutory

applications therein can be disposed of in terms of the Consent Terms.

Ganesh Lokhande page 2 of 4 10-EXA(L)-1142-2018.doc

2. The Consent Terms have been signed by Decree Holder

No.1 and Decree Holder No.2. They are both present in Court today.

They have stated before the Court that they have signed the Consent

Terms after reading and understanding the same as well as the

implications thereof. Similarly, the Consent Terms are also signed by

the authorised signatory of the Judgment Debtor. The authorised

signatory, Mrs. Parul Merchant [who has been authorised by the

Judgment Debtor to sign the Consent Terms pursuant to a resolution

passed on 21st July, 2022], is also present before the Court today. She

has stated that she has signed the Consent Terms on behalf of the

Judgment Debtor after reading and understanding the same as well as

the implications thereof.

3. The Consent Terms are also signed by the advocates for the

Decree Holders and the advocates for the Judgment Debtor.

4. In these circumstances, the Consent Terms dated 10 th

August, 2022 are taken on record and marked "X" for identification. The

undertakings given in the Consent Terms, if any, are accepted as

undertakings given to the Court. There shall be an order in terms of the

Consent Terms and the Execution Application is also disposed of in

terms of the Consent Terms.

Ganesh Lokhande page 3 of 4 10-EXA(L)-1142-2018.doc

5. In view of the disposal of the Execution Application,

nothing survives in Chamber Summons No. 779 of 2018 and Interim

Application (L) No. 26255 of 2021 [wrongly mentioned as IA No. 26255

of 2021 in the Consent Terms] and the same are disposed of

accordingly.

6. This order will be digitally signed by the Personal Assistant

of this Court. All concerned will act on production by fax or email of a

digitally signed copy of this order.



                                            ( B. P. COLABAWALLA, J. )




Ganesh Lokhande                                                    page 4 of 4
 

 
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