Citation : 2023 Latest Caselaw 386 Cal/2
Judgement Date : 9 February, 2023
OD 2
ORDER SHEET
EC No.230 of 2015
IN THE HIGH COURT AT CALCUTTA
ORDINARY ORIGINAL CIVIL JURISDICTION
ORIGINAL SIDE
MJUNCTION SERVICES LTD.
VERSUS
BIJOY KUMAR GUPTA
BEFORE:
The Hon'ble JUSTICE BIBHAS RANJAN DE
Date:9th February, 2023.
Appearance:
Mr. Swarnendu Ghosh, Adv.
Ms. Suchismita Chatterjee Ghosh, Adv.
Mr. Malay Kumar Seal, Adv.
. . .for the decree-holder.
Ms. Monika Kalra, Adv.
Mr. Farhan Gaffar, Adv.
Mrs. Prerana Vishwas, Adv.
Mr. Yashashwi Sundariya, Adv.
. . .for the judgment debtor.
The Court:-Judgement debtor is present.
This is an execution case arose out of a decree of money to the tune of
Rs.6,81,63,991/-. The judgement debtor has been examined and it is found from
the evidence of the judgement debtor as well as affidavit of assets that at this
moment the judgement debtor has no means to satisfy the decree.
Learned Advocate-on-record on behalf of the judgement debtor has
submitted that he will satisfy the entire decretal amount when he would be in a
position to do the same. Learned Advocate-on-record on behalf of the judgement
debtor has further submitted that judgement debtor is ready and willing to pay
off Rs.15,000/- per month for six months. In the meantime, if possible, the
judgement debtor will make an effort to satisfy the decretal amount.
Learned advocate on behalf of the decree-holder opposes the prayer but left
it to the discretion of the Court subject to satisfaction of the decretal money by
the judgement debtor.
Considering the huge amount of the decretal amount, I do not find any
reason to pass any order sending the judgement debtor to civil prison at this
stage without giving a last opportunity to satisfy the decree.
In the aforesaid view of the matter, this Court directs the judgement debtor
to pay a sum of Rs.15,000/- per month for six months towards decretal amount
and in the event of any default for two consecutive months it will be open for the
decree-holder to take appropriate steps in this execution proceeding.
The Judgement debtor is also directed to pay a sum of Rs.15,000/- for the
month of February, 2022 within this month and in respect of the subsequent
instalment the judgement debtor is directed to pay a sum of Rs. 15,000/- within
seventh day of each succeeding month.
List the execution case after six months.
Liberty to mention.
(BIBHAS RANJAN DE, J.)
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