Axis Bank Ltd vs Md.Rizwan Khan & Anr
2023 Latest Caselaw 2795 Cal/2

OD-7,8 & 24
                      IN THE HIGH COURT AT CALCUTTA
                    ORDINARY ORIGINAL CIVIL JURISDICTION
                                ORIGINAL SIDE



                                    EC/608/2018

                                  AXIS BANK LTD
                                        VS
                              MD.RIZWAN KHAN & ANR.

                                    EC/610/2018

                                AXIS BANK LIMITED
                                       VS
                              MD RIZWAN KHAN & ANR

                                    EC/607/2018

                                AXIS BANK LIMITED
                                        VS
                                RIZWAN KHAN & ANR


  BEFORE:
  The Hon'ble JUSTICE RAVI KRISHAN KAPUR

Date : 4th October, 2023.

Appearance:

Mr. Priyankar Saha, Adv.

Ms. Srijani Mukherjee, Adv.

Mr. L.R. Mondal, Adv.

...for judgment debtor.

The Court : By an order dated 8 August, 2023, a Receiver had been

appointed in respect of the subject vehicles. From the Report filed by the Receiver,

it appears that the Receiver is in actual physical possession of the subject vehicles.

Pursuant to the order dated 8 August, 2023, that matter had been heard on

different occasions. The award remains unsatisfied till date.

In such circumstances, the Receiver is directed to take steps for sale of all

the subject vehicles by way of public auction and also file a Report on the

returnable date.

The sale would be subject to final confirmation by this Court and any

expenses incurred by the Receiver for sale of the vehicles shall be borne by the

award holder at the first instance.

Let this matter appear for hearing on 12 October, 2023.

(RAVI KRISHAN KAPUR, J.) SK.