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Legal Heirs Of Deceased Nanalal ... vs Rajkot Nagarik Sahakari Bank Ltd
2026 Latest Caselaw 716 Guj

Citation : 2026 Latest Caselaw 716 Guj
Judgement Date : 24 February, 2026

[Cites 6, Cited by 0]

Gujarat High Court

Legal Heirs Of Deceased Nanalal ... vs Rajkot Nagarik Sahakari Bank Ltd on 24 February, 2026

                                                                                                               NEUTRAL CITATION




                            C/SCA/15210/2025                                    ORDER DATED: 24/02/2026

                                                                                                               undefined




                                   IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                                    R/SPECIAL CIVIL APPLICATION NO. 15210 of 2025

                      ==========================================================
                            LEGAL HEIRS OF DECEASED NANALAL FICHADIYA & ORS.
                                                        Versus
                                  RAJKOT NAGARIK SAHAKARI BANK LTD. & ANR.
                      ==========================================================
                      Appearance:
                      MR .B A PATEL(5281) for the Petitioner(s) No. 1,1.1,1.2,1.3
                      ==========================================================

                        CORAM:HONOURABLE MR. JUSTICE DEVAN M. DESAI

                                                            Date : 24/02/2026

                                                             ORAL ORDER

1. The present petition is filed under Article 226 and 227 of the

Constitution of India, 1950 by the petitioners seeking following

prayers:

"(A) To admit and allow this petition. (B) To quash and set aside the order dated 18.09.2025 passed by the 7 th Additional Chief Judicial Magistrate, Rajkot, in Execution Petition No. 227/2021 below Exhibit - 27 and direct the warrant issued to be cancelled as annexed at Annexure - A to this petition.

(C) Pending admission, hearing and final disposal of this petition, be pleased to stay the implementation and execution of the order dated 18.09.2025 passed by 7th Additional Chief Judicial Magistrate, Rajkot in Execution Petition No. 227/2021 below Exhibit - 27 as annexed at Annexure - A to this petition.

(D) Pass any such other and / or further orders that may be thought just and proper, in the facts and circumstances of the present case."

NEUTRAL CITATION

C/SCA/15210/2025 ORDER DATED: 24/02/2026

undefined

2. Rule. Heard learned advocate Mr. B.A. Patel for the

petitioners.

3. Learned advocate for the petitioners contended that the

respondents herein initiated Arbitration Proceedings before the

learned Arbitrator, Rajkot Nagarik Sahakari Bank Ltd., Rajkot,

being Arbitration Dispute Suit No. 28 of 2005. The learned

Arbitrator, vide award dated 18.03.2016, passed an ex-parte

award directing the respondent herein to pay an amount of

Rs.15,974/-, along with interest at the rate of 19% per annum and

penal interest at the rate of 2% per annum from 01.02.2005 till

realisation, along with other expenses. The respondent - Bank

thereafter filed an Execution Petition seeking execution of the said

award. In the Execution Proceedings, objections were raised by

the present petitioners. It is contended by learned advocate for the

petitioners that the award is fraudulent and that the father of the

petitioners had neither availed any loan nor stood as a guarantor in

the alleged loan transaction. It was contended that the father of the

petitioners was wrongly added as an opponent in the Arbitration

Dispute Suit. The petitioners have also preferred an appeal under

Section 34 of the Arbitration and Conciliation Act, 1996. The same

NEUTRAL CITATION

C/SCA/15210/2025 ORDER DATED: 24/02/2026

undefined

is pending for its adjudication. In the meantime, the respondent -

Bank moved an application seeking issuance of warrant of arrest

against the judgment debtor - petitioner herein. Though a digital

reply was filed by the present petitioners, the learned Court below

allowed the said application on 18.09.2025. Being aggrieved and

dissatisfied with the order passed by the 7 th Additional Chief

Judicial Magistrate, Rajkot in Execution Petition No. 228 of 2021,

the present petitioners are before this Court.

4. Having considered the submissions canvassed by learned

advocate for the petitioners and upon perusal of the papers placed

on record, it appears that the respondent - Bank initiated

proceedings under the Multi-State Cooperative Societies Act, 2002

read with the Arbitration and Conciliation Act, 1996. The sole

Arbitrator vide award dated 18.03.2016, directed the petitioners to

pay an amount of Rs.15,974/-, along with interest at the rate of

19% per annum and penal interest at the rate of 2% per annum

from 01.02.2005 till realisation, along with other expenses. It

appears that the impugned award has been assailed by the

present petitioners under Section 34 of the Arbitration and

Conciliation Act, 1996 and the same is pending adjudication.

NEUTRAL CITATION

C/SCA/15210/2025 ORDER DATED: 24/02/2026

undefined

However, in the Execution Petition, respondent - Bank moved an

application seeking issuance of warrant of arrest against the

present petitioners. The learned Court below, after considering the

provisions contained under Order XXI Rule 30 of the Code of Civil

Procedure, 1908, granted the application. The petitioners herein

have already availed an alternate efficacious remedy by way of an

appeal challenging the impugned award.

5. Considering the aforesaid facts and circumstances, in my

view, the order impugned is not against the settled proposition of

law and nothing contrary could be pointed out during the course of

submissions whereby this Court can exercise its supervisory

powers under Article 227 of the Constitution of India. As the order

impugned is not perversed and the same, being a legal order, this

Court is not inclined to interfere and therefore the present petition

is dismissed. No order as to costs. Rule is discharged.

(D. M. DESAI,J) MUSKAN

 
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