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Neo Growth Credit Pvt Ltd vs Gotiz Health Care Ltd And 3 Ors
2022 Latest Caselaw 12345 Bom

Citation : 2022 Latest Caselaw 12345 Bom
Judgement Date : 29 November, 2022

Bombay High Court
Neo Growth Credit Pvt Ltd vs Gotiz Health Care Ltd And 3 Ors on 29 November, 2022
Bench: B.P. Colabawalla
                                                                                         10.exa(l).336.2022.doc
UTKARSH
KAKASAHEB
BHALERAO
Digitally signed by
UTKARSH KAKASAHEB
BHALERAO
Date: 2022.11.30
                             IN THE HIGH COURT OF JUDICATURE AT BOMBAY
19:50:01 +0530

                                     ORDINARY ORIGINAL CIVIL JURISDICTION


                                  INTERIM APPLICATION (L) NO. 1256 OF 2022
                                                               IN
                                 EXECUTION APPLICATION NO. (L) 336 OF 2022
                                                               IN
                                 ARBITRATION CASE NO. NEO/VSA/ARB/17/7/9


                      Neo Growth Credit Private Limited                       ...Applicant
                                                                         (Org. Decree Holder)

                               Vs.

                      Gotiz Health Care Limited & Ors                           .. Respondents


                      Adv. Bijal Gogri a/w Adv. Shivangi Dixit i/b GNP Legal for the
                      Applicant.


                                                            CORAM:- B. P. COLABAWALLA,J.

DATE :- NOVEMBER 29, 2022.

P. C.:

1. The above Interim Application is filed seeking the following

reliefs:

"(a) That the Respondents be directed to deposit decretal amount of a sum of Rs.59,08,360/- with further interest on Rs.59,08,360/- @ 18% p.a. from 31/03/2018 till payment and/or realization thereof;

                           Utkarsh                                                              page 1 of 4
                                                                10.exa(l).336.2022.doc



   (b)    That the Respondents above named be required by an order of

this Hon'ble Court to file their Affidavit stating particulars of their properties etc., as provided under Order 21 Rule 41 of the Code of Civil Procedure, 1908.

(c) That the Respondents be detained in civil prison as per Order 21 Rule 41 Sub-rule 3 of the Code of Civil Procedure for non- compliance of the order passed by this Hon'ble Court in terms of prayer clause (b) hereinabove;

(d) That the Respondents be directed to disclose their means on affidavit for satisfying the decree of the Applicant under execution as per Section 51 of the Code of Civil Procedure;

(e) That pending the hearing and final disposal of the Interim Application the order of injunction restraining the Respondents their servants and agents or any persons claiming through them from transferring and / or creating any third-party rights on the properties disclosed by the Respondents on affidavit as prayed in the prayer clause (b) above;

(f) Pending the hearing and final disposal of this Interim Application the Court Receiver High Court Mumbai be appointed as a Receiver on the properties disclosed by the Respondents as prayed for in prayer clause (b) above;

(g) That the Respondents be arrested and detained in civil prison as per the provisions of the section 51 of the Code of Civil Procedure;

(h) This Hon'ble Court be pleased to issue precept under section 46 of the Code of Civil Procedure 1908 attaching the properties belonging to Respondents and disclosed by the Respondents under Order XXI Rule 41 of Code of Civil Procedure and which are not within the jurisdiction of this Hon'ble Court.

(i) The properties and salary of the Respondents be attached and the Applicant be allowed to recover their dues from the same by issuing Warrant for Sale under Order XXI Rule 64 of the Code of Civil Procedure 1908 thereof;

(j) The Respondents be arrested and detained in the civil prison after issuing show cause notice as per the provisions of Order

Utkarsh page 2 of 4

10.exa(l).336.2022.doc

XXI rule 37 as the decree for payment of money of plaintiff is not satisfied by the Respondents;

(k) The judgment Debtors Respondents be arrested by issuing a Warrant for arrest as per the provision of Order XXI Rule 37 Sub-Rule 2 of the Code of Civil Procedure;

(l) The judgment debtor be arrested and shall be brought before the Hon'ble Court as per the Order 21 Rule 38 of the Code of Civil Procedure;"

2. The learned counsel appearing on behalf of the Applicant

brought to my attention the affidavit of service dated 6 th March, 2022 in

which it is stated Respondent No.1 was duly served by hand service, as

more particularly set out in the said affidavit. After perusing the

affidavit, I am satisfied that Respondent No.1 is duly served.

3. In the above Execution Application, an Arbitral Award

dated 31st March, 2018 is sought to be executed under which the

Respondents were directed to pay to the Applicant a sum of Rs.

59,08,360/- together with further interest @18% p.a. from 31/03/2018

till payment and/or realization. At the ad-interim stage, the learned

counsel appearing on behalf of the Applicant presses the above

application in terms of prayer clause (b) reproduced above.

4. Having heard the learned counsel appearing on behalf of

the Applicant, I do not see any impediment in granting the aforesaid

Utkarsh page 3 of 4

10.exa(l).336.2022.doc

relief, especially considering that there is not stay of the Arbitral Award

which is sought to be executed in the present proceedings.

5. In these circumstances, there will be ad-interim relief in

terms of prayer clause (b) reproduced above only against the

Respondent No.1. The disclosure affidavit shall be filed by Respondent

No.1 within a period of four weeks from today. The Advocates for the

Applicant are directed to serve a copy of this order by hand delivery on

the Respondent No.1.

6. Stand over to 10th January, 2023.

7. This order will be digitally signed by the Private

Secretary/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. )




     Utkarsh                                                      page 4 of 4
 

 
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