Citation : 2026 Latest Caselaw 1509 Cal/2
Judgement Date : 27 February, 2026
OCD-18
ORDER SHEET
IN THE HIGH COURT AT CALCUTTA
COMMERCIAL DIVISION
ORIGINAL SIDE
AP-COM/161/2026
MITTAL TECHNOPACK PRIVATE LIMITED
VS
NAKUL HIMATSINGHKA
BEFORE:
THE HON'BLE JUSTICE GAURANG KANTH
Date: 27th February, 2026.
Appearance:
Mr. Aniruddha Mitra, Sr. Adv.
Mr. Shatadru Chakraborty, Sr. Adv.
Mr. Debraj Saha, Adv.
Ms. Jyoti Rauth, Adv.
Mr. Bhaskar Dwivedi, Adv.
Ms. Antara Biswas, Adv.
Mr. Tamoghna Saha, Adv.
...for the petitioner
Mr. Rishad Medora, Adv.
Mr. Samriddha Sen, Adv.
Mr. Ramendu Agarwal, Adv.
Ms. Priyanka Dutta, Adv.
Ms. Apoorva Choudhury, Adv.
...for the respondent
The Court: Affidavit of service is taken or record.
This is a petition filed by the petitioner under Section 27 of the
Arbitration and Conciliation Act, 1996 alleging wilful disobedience of the
order dated 28th August, 2025 passed by the learned sole arbitrator Justice
Aloke Chakraboarti (Retired) in the arbitration proceedings.
Learned Counsel for the petitioner submits that in wilful disobedience
of the order dated 28th August, 2025 passed by the learned sole arbitrator,
the respondent operated the Bank Account No.57500000308791 of Ideal
Real Estates Private Limited maintained with HDFC Bank Limited at
Chowringhee Road Branch and withdrew money without maintaining the
minimum balance of Rs.5,85,00,000/-.
It is further submitted by the learned Senior Counsel for the petitioner
that the learned arbitrator vide order dated 18th February, 2026, referred
the present matter to this court, being the appropriate Court, for such
orders as may be deemed fit and proper, including orders imposing
penalties and punishments upon Contemnor No. 1 for the wilful, deliberate
and contumacious violation of the order dated 28th August, 2025 passed by
the arbitral tribunal.
Learned Counsel for the respondent submits that an amount of
Rs.1,43,57,975/- has been withdrawn from the said account and that he
has already deposited an amount of Rs.1,05,00,000/- and undertakes to
deposit the balance amount within a period of ten days.
Learned Counsel for the respondent is directed to file affidavit
explaining why contempt proceedings shall not be initiated against him for
the wilful disobedience of the order dated 28th August, 2025 passed by the
arbitral tribunal, within a period of two weeks. The contemnor shall remain
present in Court on the next date of hearing.
List the matter on 9th April, 2026.
(GAURANG KANTH, J.)
S. A. AR (CR)
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