Citation : 2023 Latest Caselaw 2448 Cal/2
Judgement Date : 1 September, 2023
OD-49
IN THE HIGH COURT AT CALCUTTA
ORDINARY ORIGINAL CIVIL JURISDICTION
ORIGINAL SIDE
EC/156/2019
VEERVANI SALES PVT LTD
VS
RITU BERI DESIGNS PVT LTD
BEFORE:
The Hon'ble JUSTICE RAVI KRISHAN KAPUR
Date : 1st September, 2023.
Appearance:
Mr. Vinayak Chaubey, Adv.
Mr. N. Islam, Adv.
Ms. S. Kundu, Adv.
Mr. Amritam Mandal, Adv.
Ms. A. Chakrabroty, Adv.
Ms. Shipra Naskar, Adv.
The Court : This is an application for execution of a decree dated 2
November, 2016. There is an amount of approximately Rs.11 crores which is due
and payable under the decree. Admittedly, no amount of the decretal dues have
been paid till date.
It is submitted on behalf of the judgment debtor that the company
practically is defunct for all practical purposes and save and except some old
stocks there are no other assets of the judgment debtor. There are two directors
namely one Ms. Indu Beri and Ritu Beri.
Repeated adjournments have been taken and the award debtor is unable to
suggest any viable mode of satisfaction of the decree.
The Affidavit of Assets have been filed by the award debtor. The directors of
the company are directed to furnish their credit card details. Such details must be
furnished by both the directors of the judgment debtors i.e. Ms. Indu Beri and Ritu
Beri by 5 September, 2023. The award debtor is directed to communicate the
particulars of the credit card to the award holder prior to the returnable date.
Mr. Mondal appearing on behalf of the judgment debtor fairly submits that
he shall take steps to sell all the clothe, garments of the company (in liquidation)
to realize the decretal dues.
Let this matter appear on 6 September, 2023.
(RAVI KRISHAN KAPUR, J.)
SK.
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