Citation : 2025 Latest Caselaw 3463 Cal/2
Judgement Date : 16 December, 2025
OCD-13
In the High Court at Calcutta
Commercial Division
Original Side
EC-COM/516/2025
IA NO: GA-COM/1/2025
A J FINANCE PRIVATE LIMITED
VS
WILLIAMSON FINANCIAL SERVICES LIMITED
BEFORE:
The Hon'ble JUSTICE ANIRUDDHA ROY
Date : December 16, 2025.
Appearance:
Mr. Rabindra Kumar Mitra, Adv.
Mr. Sidhartha Sharma, Adv.
MD. Danish Taslim, Adv.
Mr. Rishav Dutta, Adv.
... for the plaintiff.
Mr. Soumabho Ghose , Adv.
Mr. Ritoban Sarkar, Adv.
Mr. Barnik Ghosh, Adv.
... for the judgment debtor.
The Court : Under the said consent decree dated March 15, 2021
the principle decretal amount was for a sum or Rs.1,00,00,000/- (One
Crore).
The judgment debtor has made substantial payment under the
decree though in protanto satisfaction of the decree. The parties jointly
submit that a sum of Rs.3,15,000/- (Three Lakhs Fifteen Thousand) is
now due and payable by the judgment debtor on account of principal.
However, the decree holder submits that the interest payable under the
consent decree is Rs.65,70,192/- (Sixty Five Lakhs Seventy Thousand
One Hundred and Ninety Two).
2
The Judgment debtor has taken out an application being I.A. No:
G.A.-COM/1/2025 raising a question of jurisdiction of this Court.
Considering the above, the judgment debtor is directed to deposit a
sum of Rs.3,15,000/- (Three Lakhs Fifteen Thousand) with the learned
Registrar, Original Side positively by January 5, 2026.
In the event such deposit is made, learned Registrar, Original Side
shall keep the said amount in the interest bearing fixed deposit account
with any Nationalized Bank of his choice and shall file a Report before this
Court on the next date.
The decree holder shall file affidavit-in-opposition on or before
January 20, 2026. Reply, if any thereto, shall be filed by February 10,
2026.
The matter shall appear under the heading "Chamber Application
for Final Disposal" on February 19, 2026.
However, pendency of this proceeding shall not preclude the
parties to arrive at a settlement and to report this Court.
(ANIRUDDHA ROY, J.)
S. A.
AR (CR)
EC-COM/516/2025
A.R., J.
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