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Kotak Mahindra Bank Ltd vs Hindustan Enterprises
2023 Latest Caselaw 4012 Bom

Citation : 2023 Latest Caselaw 4012 Bom
Judgement Date : 21 April, 2023

Bombay High Court
Kotak Mahindra Bank Ltd vs Hindustan Enterprises on 21 April, 2023
Bench: B.P. Colabawalla
                                                                                                         18.IA.1524.23.DOC




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

                                           INTERIM APPLICATION NO.1524 OF 2023
                                                           IN
                                         EXECUTION APPLICATION(L)NO.6827 OF 2023


                                 Kotak Mahindra Bank Ltd                        ..Applicant/Plaintiff

ANJALI   Digitally signed by
         ANJALI TUSHAR           Versus
TUSHAR   ASWALE
         Date: 2023.04.25
ASWALE   11:51:34 +0530


                                 Hindustan Enterprises & Anr                    ..Defendants



                                   Ms.Nikita Pawar, with Nehal Deshmukh, Anand Poojari
                                   i/b S.I. Joshi & Co, Advocates for the Applicant.


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

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

                                following reliefs:-


                                     a) "that the Defendants be directed to deposit decreetal amount
                                         of Rs. 44,40,488.69 ps.with further interest on Rs.17,40,183/-
                                         from 23.02.2023 @24% p.a till payment and/or realization
                                         thereof;

                                     b) that the Defendants abovenamed 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 25.04.2017 passed by the Learned Arbitral Tribunal
                                         has remained unsatisfied for more than 30 days from the
                                         date of its passing;

                                     c) that the Defendants 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;

                                                                    Page 1 of 3
                                                                   APRIL 21, 2023
                                Aswale




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                                                                         18.IA.1524.23.DOC




      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) hereinabove for the following further
          reliefs;

      e) that pending the hearing and final disposal of the Interim
          Application the order of Injunction restraining the
          Defendants 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
          Defendants 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
          Defendants as prayed for in prayer clause (b) above;

      g) that the Defendants be directed to disclose their means on
          affidavit for satisfying the decree of the Plaintiffs under
          execution as per Section 51 of the Code of Civil Procedure;

      h) that the Defendants 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 Defendants and disclose by the Defendants
          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 Defendants be attached and
          the Plaintiffs be allowed to recover their dues from the same;

      k) the Defendants be arrested and detained in the Civil prison
          after issuing show cause notice as per the provisions of Order
          XXI Rule 37 as the decree for payment of money of Plaintiffs
          is not satisfied by the Defendants;

      l) The Judgment Debtor Defendants 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;

 2                The learned counsel appearing on behalf of the

 Applicant has tendered an affidavit of service dated 3 rd April, 2023

                                    Page 2 of 3
                                   APRIL 21, 2023
 Aswale




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                                                                      18.IA.1524.23.DOC




 evidencing the service of the above Interim Application on the

 Defendants / Judgment Debtors.            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

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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