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Gunina Ventures India Pvt. Ltd vs National Cooperative Consumers ...
2024 Latest Caselaw 470 Bom

Citation : 2024 Latest Caselaw 470 Bom
Judgement Date : 9 January, 2024

Bombay High Court

Gunina Ventures India Pvt. Ltd vs National Cooperative Consumers ... on 9 January, 2024

Author: R.I. Chagla

Bench: R.I. Chagla

                                                                 27-ia-2816-2023.doc

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

                       INTERIM APPLICATION NO.2816 OF 2023
                                       IN
                     EXECUTION APPLICATION (L) NO.682 OF 2020

       Gunina Ventures (India) Pvt. Ltd.                     ...Applicant /
                                                             Petitioner

               Versus

       National Cooperative Consumers Federation of          ...Respondent
       India Ltd.

                                        ----------
       Mr. Nitesh Bhutekar for the Applicant / Petitioner.
                                        ----------

                                        CORAM : R.I. CHAGLA J.

                                        DATE         : 9TH JANUARY, 2024.

       ORDER :

1. By this Interim Application, the Applicant / Decree

Holder has sought attachment of the bank accounts of the

Respondent as well as appointment of Court Receiver for taking

possession of the properties of the Judgment Debtor and for handing

over the same to the Decree Holder for selling the same by private

treaty or public auction and recover the outstanding dues as per

award.

27-ia-2816-2023.doc

2. The learned counsel appearing for the Applicant /

Decree Holder states that the Respondent / Judgment Debtor has

been served and tenders an Affidavit of Service dated 21st August,

2023 which is taken on record. The Affidavit of Service shows that

the Respondent / Judgment Debtor has been served by RPAD and the

tracking report of the consignment from the website of Indian Post

bears the remark "Item Delivered Confirmed". Further, the

Respondent has also been served through email which is mentioned

on the official website of the Respondent. However, inspite of service,

the Respondent / Judgment Debtor has not made an appearance.

3. The learned Counsel for the Applicant / Decree Holder

has sought attachment of the bank accounts of the Respondents as

mentioned in Column J of the Execution Application which are two

bank accounts being Account No.1051864124 of Central Bank of

India, Mumbai 400 011 and other bank Account No.34827894847 of

State Bank of India, New Delhi.

4. The learned Counsel for the Applicant / Decree Holder

has also referred to the award which was passed by the learned

Arbitrator on 13th September, 2019, the operative part of which

27-ia-2816-2023.doc

mentions that the amounts payable by the Respondent are

Rs.52,70,817/-, Rs.19,56,147/- and 2,90,65,870/- from 1st April,

2009, 1st April, 2010 and 1st April, 2011 together with interest @

12% p.a. from 1st April, 2011 respectively till the payment and / or

realization.

5. The learned Counsel for the Applicant / Decree Holder

has in the Interim Application at Exhibit A set out the table showing

the gross total due from the Respondent / Judgment Debtor and

which amounts to Rs.14,36,02,634/- which is due and payable till

30th June, 2023. He has further submitted that the Respondent /

Judgment Debtor has not made any payment in satisfaction of the

award which has become a decree of this Court.

6. Considering that none appears for the Respondent /

Judgment Debtor, as and by way of last chance, the matter is being

stood over to 17th January, 2024. The Advocate for the Applicant /

Decree Holder shall serve notice of this Order on the Respondent /

Judgment Debtor and file Affidavit of Service on or before next date.

[ R.I. CHAGLA J. ]

 
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