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Kotak Mahindra Bank Ltd vs Machindra Laxman Rode
2023 Latest Caselaw 3988 Bom

Citation : 2023 Latest Caselaw 3988 Bom
Judgement Date : 21 April, 2023

Bombay High Court
Kotak Mahindra Bank Ltd vs Machindra Laxman Rode on 21 April, 2023
Bench: B.P. Colabawalla
                                                                                                      21.IAL.3554.23.DOC




                                 IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                     ORDINARY ORIGINAL CIVIL JURISDICTION
ANJALI Digitally signed by
       ANJALI TUSHAR
TUSHAR ASWALE
       Date: 2023.04.25
ASWALE 11:50:30 +0530                   INTERIM APPLICATION(L)NO. 3554 OF 2023
                                                         IN
                                        EXECUTION APPLICATION NO. 2677 OF 2023


                               Kotak Mahindra Bank Ltd                  ..Applicant/Orig.Plaintiff

                               Versus

                               Machindra L. Rode & Ors                ..Judgment Debtors



                                 Tikshta Modi i/b Akhil Modi & Associates, Advocates for
                                 the Applicant/Plaintiff.


                                                        CORAM         : B. P. COLABAWALLA, J
                                                        DATE          : APRIL 21, 2023

                              P.C.
                                               The above Interim Application is filed seeking the

                              following reliefs:-

                                       a)        That the Judgment Debtor be directed to deposit
                                       Decreetal amount of Rs. 18,26,335/- (Rupees Eighteen Lakhs
                                       Twenty Six Thousand Three Hundred Thirty Five Only) with
                                       further interest on Rs. 18,26,35/- from 27.02.2015 @ 24 % p.a
                                       till payment and/or realisation thereof;

                                       b)      That the Judgment Debtor 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 since the
                                       Decree/ Award dated 25.02.2016 passed by the Learned
                                       Arbitral Tribunal has remained unsatisfied for more than 30
                                       days from the date of its passing;

                                       c)      That the Judgment Debtor be detained in the 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


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                                                                  APRIL 21, 2023
                              Aswale




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          Hon'ble Court in terms of prayer clause (b) herein-above;

          d)      That this Hon'ble Court be pleased to direct this
          Chamber Summons to appear on board of this Hon'ble Court
          after the period of 15 days from the date of passing order
          under prayers (a) and (b) herein-above for the following
          further reliefs;

          e)     That pending the hearing and final disposal of the
          Interim Application the order of injunction restraining the
          Judgment Debtor 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
          Judgment Debtor on affidavit as prayed in 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
          Judgment Debtor as prayed for in prayer clause (b) above;

          g)       That the Judgment Debtor be directed to disclose
          their means on affidavit for satisfying the Decree of the
          Decree Holder under execution as per Section 51 of the Code
          of Civil Procedure;

          h)        That the Judgment Debtor be arrested and detained
          in civil prison as per the provisions of section 51 of the Code of
          Civil Procedure;

          i)      This Hon'ble Court be pleased to issue precept under
          Section 46 of Code of Civil Procedure, 1908 attaching the
          properties belonging to Judgment Debtor and disclose by the
          Judgment Debtor under order XXI rule 41 of C.P.C. and which
          are not within the jurisdiction of this Hon'ble Court

          j)      The properties and salary of the Judgment Debtor be
          attached and the Decree Holder be allowed to recover their
          dues from the same;

          k)      The Judgment Debtor be arrested and detained in the
          Civil prison after issuing show cause notice as per the
          provision of Order XXI Rule 37 as the Decree for payment of
          money of Decree Holder is not satisfied by the Judgment
          Debtor;

          l)     The Judgment Debtor 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;

          m)      The Judgment Debtor be arrested and shall be
          brought before the Hon'ble Court as per the order XXI Rule
          38 of the Code of Civil procedure;

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                                     APRIL 21, 2023
 Aswale




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                                                                     21.IAL.3554.23.DOC




 2                The learned counsel appearing on behalf of the

 Applicant has tendered an affidavit of service dated 17 th April,

 2023 evidencing the service of the above Interim Application on

 all the Respondents. Despite service, none have appeared on their

behalf.

3 In the present circumstances, I am satisfied that the

Applicant is entitled to ad-interim reliefs in terms of prayer

clauses (b) and (g) reproduced above.

4 In these circumstances, there shall be ad-interim

relief against the Respondents in terms of prayer clauses (b) and

(g). The affidavit as contemplated under prayer clauses (b) and (g)

shall be filed by the Respondents within a period of four weeks

from the date of service of this order on the said Respondents.

5 Place the above matter on Board for further reliefs on

20th June, 2023.

6 This order will be digitally signed by the Private

Secretary/ Personal Assistant of this Court. All concerned will act

APRIL 21, 2023 Aswale

21.IAL.3554.23.DOC

on production by fax or email of a digitally signed copy of this

order.

[ B. P. COLABAWALLA, J ].

APRIL 21, 2023 Aswale

 
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