M/S Ugro Capital Limited vs Viva International And Ors
2024 Latest Caselaw 2843 Cal/2

Calcutta High Court

M/S Ugro Capital Limited vs Viva International And Ors on 5 September, 2024

Author: Sabyasachi Bhattacharyya

Bench: Sabyasachi Bhattacharyya

OCD-34
                              ORDER SHEET

                              EC/361/2023

                   IN THE HIGH COURT AT CALCUTTA
                    Ordinary Original Civil Jurisdiction
                             ORIGINAL SIDE
                          (Commercial Division)


                      M/S UGRO CAPITAL LIMITED
                                 VS
                     VIVA INTERNATIONAL AND ORS.


  BEFORE:
  The Hon'ble JUSTICE SABYASACHI BHATTACHARYYA

Date : 5th September, 2024.

Appearance:

Mr. Ranjit Singh, Adv.

Ms. Pooja Sett, Adv.

Mr. Ratul Deb Banerjee, Adv.

...for the petitioner

Mr. Shiv Ratan Kakrania, Adv.

Mr. Ratul Das, Adv.

Mr. Karanjeet Sharma, Adv.

Ms. Shreya Goenka, Adv.

...for judgment-debtor no.3

The Court: Learned counsel having instruction to appear on behalf of

the award-debtors submits that he will be able to file the Vakalatnama for

award-debtor no.3 during the course of the day and make endeavour to file

the Vakalatnama for the other award-debtors within a week from date.

Learned counsel for the award-debtors hands over a print-out of a

settlement offer issued by the award-debtor no.3 to the award-holder. The

same be kept on record.

The award-holder shall consider the said proposal and inform the

Court as to the outcome of such consideration on the next returnable date.

In the meantime, the award-debtors shall file their affidavits of assets

within a fortnight from date. Copies of the said affidavits shall be handed

over to the learned advocate for the award holder also within a fortnight.

The matter shall next be listed on September 26, 2024 for passing

further orders.

The warrant of arrest stands suspended till October 4, 2024 or until

further order, whichever is earlier.

(SABYASACHI BHATTACHARYYA, J.)

bp/R.Bhar