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Kotak Mahindra Bank Limited vs Ashok Kumar Uttarsingh Mohapatra
2023 Latest Caselaw 3991 Bom

Citation : 2023 Latest Caselaw 3991 Bom
Judgement Date : 21 April, 2023

Bombay High Court
Kotak Mahindra Bank Limited vs Ashok Kumar Uttarsingh Mohapatra on 21 April, 2023
Bench: B.P. Colabawalla
                                                                                                      27.IA.301.23.DOC

          Digitally signed
          by ANJALI
ANJALI TUSHAR
       ASWALE
TUSHAR Date:
ASWALE 2023.04.25
       11:55:12
          +0530




                                 IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                     ORDINARY ORIGINAL CIVIL JURISDICTION
                                          INTERIM APPLICATION NO. 301 OF 2023
                                                         IN
                                        EXECUTION APPLICATION NO. (L) 314 OF 2023
                                                         IN
                                            ARBITRATION CASE NO. 872 OF 2011


                              KOTAK MAHINDRA BANK LIMITED                         ...APPLICANT
                                  VS.
                              ASHOK KUMAR UTTARSINGH
                              MOHAPATRA & ANR.                                    ...RESPONDENTS

Ms. Bijal K. Gogri along with Ms.Shiny Roy i/b O M GUJAR LAW CHAMBERS, 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 Respondents be directed to deposit decretal amount of a sum of Rs. 12,38,541/- with further interest on Rs.12,38,541/- @ 18% p.a. from 29.01.2012 till payment and/or realization thereof;

(b) That the Respondents above named be required by an order of this Hon'ble Court to file his Affidavit stating particulars of his properties etc., as provided under Order 21 Rule 41 of the Code of Civil Procedure, 1908.

(c)That the Respondents abovenamed be required to issue notice under Order XXI Rule 22 of CPC

(d) That the Respondents 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 Hon'ble Court in terms of prayer clause (b) hereinabove;

APRIL 21, 2023 Aswale

27.IA.301.23.DOC

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

(f) That pending the hearing and final disposal of the Interim Application the order of injunction restraining the Respondents and his servants, agents and assigns from in any manner dealing with, disposing of, alienating, encumbering or transferring any of their assets or properties whether movable or immovable until full and final satisfaction of Award dated 29/01/2012.

(g) 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;

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

(i) 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.

(j) 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;

(k) The Respondents be arrested and detained in civil prison after issuing show cause notice as per the provisions of Order XXI rule 37 as the decree for payment of money of plaintiff is not satisfied by the Respondents;

(l) 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;

(m) 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;

(n) The Hon'ble Court direct to all banks governed by Reserve Bank of India to disclose the details of bank accounts,

APRIL 21, 2023 Aswale

27.IA.301.23.DOC

including lockers/fixed deposit operated by Respondents either single/ jointly, details of loans / advances and direct to freeze/attachment of bank accounts deposits/receivables including future receivables of Respondents by marking debt/lien of the accounts by attachment of PAN - AMSPM3047K."

2. The learned counsel appearing on behalf of the Applicant brought

to my attention the affidavit of service dated February 10, 2023 in which

it is stated that the Respondents are duly served, as more particularly

set out in the said affidavit. After perusing the affidavit, I am satisfied

that the Respondents are duly served.

3. In the above Execution Application, an Arbitral Award dated

29.01.2012, is sought to be executed under which the Respondents

were directed to pay to the Applicant as sum of Rs. 12,38,541/-

together with further interest @18% p.a. from 29.01.2012 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 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. The disclosure affidavit shall be

filed by the Respondents within a period of four weeks from today. The

APRIL 21, 2023 Aswale

27.IA.301.23.DOC

Advocates for the Applicant are directed to serve a copy of this order by

hand delivery on the Respondent No. 1 & 2.

6. Stand over to 20th June, 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 ].

APRIL 21, 2023 Aswale

 
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