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Popley Buildcon Private Limited vs Samarth Erectors And Developers
2025 Latest Caselaw 5373 Bom

Citation : 2025 Latest Caselaw 5373 Bom
Judgement Date : 8 September, 2025

Bombay High Court

Popley Buildcon Private Limited vs Samarth Erectors And Developers on 8 September, 2025

Author: Abhay Ahuja
Bench: Abhay Ahuja
                                                              45-IA-2350-2025.doc


               IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                ORDINARY AND ORIGINAL CIVIL JURISDICTION
                        IN ITS COMMERCIAL DIVISION

             INTERIM APPLICATION NO. 2350 OF 2025
                              IN
      COMMERCIAL EXECUTION APPLICATION (L) NO. 8474 OF 2025

 POPLEY BUILDCON PRIVATE LIMITED                       )...APPLICANT
                               IN THE MATTER BETWEEN
 POPLEY BUILDCON PRIVATE LIMITED                       )...APPLICANT
          V/s.
 SAMARTH ERECTORS AND DEVELOPERS AND )
 OTHERS                              )...RESPONDENTS

 Mr.Piyush Raheja a/w. Mr.Abhishek Adke, Advocate for the Applicant/
 Decree Holder.
 Mr.Milan Desai a/w. Mr.A.A.Shaikh, Advocate for the Respondents.

                                 CORAM    :    ABHAY AHUJA, J.
                                 DATE     :    8th SEPTEMBER 2025

 P.C. :


1. When the matter is called out, Mr.Raheja, learned Counsel,

appears for the Decree holder and submits that despite four Consent

Terms, there is an outstanding of Rs.66,00,00,000/- as on date, and

that, this Court not only grant disclosures in terms of prayer clauses (d)

and (e) but also an injunction in terms of prayer clause (g).

45-IA-2350-2025.doc

2. Mr.Milan Desai, learned Counsel, appearing for the Judgment

Debtors submits that while he has no objection if the prayer clauses

seeking disclosures are granted, however, this Court may, for the time

being, postpone the grant of restraint, as that would bring a complete

standstill to the business of the Judgment Debtors.

3. Mr.Raheja vehemently objects to the same submitting that it is

only after injunctive orders that the said Respondents made payments

and draws this Court's attention to the order dated 29 th January 2020

in support.

4. Having heard the learned Counsel and having considered the

submissions, this Court is of the view that not only disclosures be

granted but the Judgment Debtors no.1 to 4 and 6 also be restrained in

any manner whatsoever in dealing with their assets.

5. Accordingly, disclosure in terms of prayer clauses (d) and (e) be

made which read thus :

"(d) to pass an order under directing the Judgment Debtor Nos.1 to 4 and 6 to disclose on affidavit within such time as this Hon'ble Court may deem fit complete and proper particulars of all assets and properties (immovable, movable, tangible and/or intangible);

45-IA-2350-2025.doc

(e) to pass an order directing the Judgment Debtor Nos.1 to 4 and 6 to disclose on affidavit within such time as this Hon'ble Court may deem fit and proper, the particulars of all debts and/or amounts due and payable by any third parties to Judgment Debtor Nos.1 to 4 and 6 (whether recoverable in present or in future) along with all details and particulars in respect thereof including the nature of debt, amount, names and addresses of debtors, date of accrual of debt, any decree / award / executable order in favour of Judgment Debtor Nos.1 to 4 and 6 and all documents and papers in relation to and particularizing such debts;"

6. Let affidavit of disclosure on oath in terms of Prayer clauses (d)

and (e) be filed by the Respondents within a period of four weeks.

7. List on 17th November 2025.

8. Until the next date, the Judgment Debtors no.1 to 4 and 6 not to

in any manner, whatsoever, deal with or dispose of any of their

assets/properties, movable or immovable, tangible or intangible.

(ABHAY AHUJA, J.)

ARTI VILAS KHATATE

Digitally signed by ARTI VILAS KHATATE Date:

2025.09.08 21:01:26 +0530

 
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