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Kotak Mahindra Bank Ltd vs Vijay Basappa Shilin And Ors
2023 Latest Caselaw 1078 Cal/2

Citation : 2023 Latest Caselaw 1078 Cal/2
Judgement Date : 26 April, 2023

Calcutta High Court
Kotak Mahindra Bank Ltd vs Vijay Basappa Shilin And Ors on 26 April, 2023
ODC 21
                             ORDER SHEET
                              EC/73/2023
                    IN THE HIGH COURT AT CALCUTTA
                  ORDINARY ORIGINAL CIVIL JURISDICTION
                         COMMERCIAL DIVISION


                        KOTAK MAHINDRA BANK LTD.
                                    VS
                       VIJAY BASAPPA SHILIN AND ORS.


  BEFORE:
  The Hon'ble JUSTICE SHEKHAR B. SARAF

Date: 26th April, 2023.

Appearance:

Mr. Paritosh Sinha, Adv.

Mr. Soubhik Chowdhury, Adv.

The Court: This is an application for enforcement of an award dated 26th

September, 2017. The award is for a sum of Rs.26,88,290.71/-. It is submitted

on behalf of the decree holder that the award has become final, binding and

enforceable and remained unsatisfied till date. By an order dated 1st February,

2023, the Department was directed to issue a notice under Order 21 Rule 22(1)

of the Code of Civil Procedure. It appears from the report filed by the Department

that service has been effected on the judgment debtor nos. 1 and 2.

In view of the aforesaid, let there be an order in terms of prayer (a) of the

Tabular Statement as against judgment debtor nos.1 and 2.

The judgment debtors are directed to file their affidavit of assets within a

period of twelve weeks from date.

It is made clear that in default of filing of such affidavit of assets,

appropriate orders for issuance of warrant of arrest would be issued against the

judgment debtors.

None appears on behalf of the judgment debtors nor is any accommodation

sought for on their behalf.

The decree holder is directed to effect service on the judgment debtors and

file an affidavit of service on the returnable date.

Let this matter appear fourteen weeks hence.

(SHEKHAR B. SARAF, J.)

sp/

 
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