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Karnataka Power Corporation ... vs M/S Aryan Energy Private Limited
2022 Latest Caselaw 1991 Kant

Citation : 2022 Latest Caselaw 1991 Kant
Judgement Date : 8 February, 2022

Karnataka High Court
Karnataka Power Corporation ... vs M/S Aryan Energy Private Limited on 8 February, 2022
Bench: Ashok S.Kinagi
IN THE HIGH COURT OF KARNATAKA AT BENGALURU

    DATED THIS THE 8TH DAY OF FEBRUARY 2022

                      BEFORE

       THE HON'BLE MR.JUSTICE ASHOK S. KINAGI

 WRIT PETITION NO.22832 OF 2021 (GM-CPC)

BETWEEN:

KARNATAKA POWER CORPORATION LIMITED
A GOVERNMENT COMPANY INCORPORATED
UNDER THE COMPANIES ACT
HAVING OFFICE AT NO.82, SHAKTHI BHAVAN
RACE COURSE ROAD
BANGALORE-560001.
REPRESENTED BY ITS AUTHORISED SIGNATORY
MR. D GANGE GOWDA
                                     ...PETITIONER
(BY SRI. AJAY J NANDALIKE, ADVOCATE)

AND:

M/S. ACB (INDIA) LIMITED
A COMPANY INCORPORATED UNDER THE PROVISIONS OF
THE INDIAN COMPANIES ACT 1956
HAVING ITS OFFICE AT 7TH FLOOR
AMBIENCE CORPORATE TOWER,
AMBIENCE MALL, AMBIENCE ISLAND
NH-8, GURGAO-122010

BRANCH OFFICE AT HIGH POINT
PALACE ROAD
BANGALORE-560001
                               2




REPRESENTED BY
ITS GENERAL MANAGER (MARKETING)
MR. BALAJI RAMAMURTHY
                                            ....RESPONDENT

(BY SRI. S.H. PRASHANTH, ADVOCATE FOR C/R)

     THIS WRIT PETITION IS FILED UNDER ARTICLE 226
AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO
SET ASIDE THE ORDER DATED 9.12.2021 PASSED BY THE
HON'BLE COMMERCIAL COURT IN EX.38/2020 ATTACHING
THE BANK ACCOUNTS OF THE PETITIONER VIDE
ANNEXURE-A.

     THIS  WRIT   PETITION     COMING   ON   FOR
PRELIMINARY HEARING THIS DAY, THE COURT MADE THE
FOLLOWING:

                         ORDER

The petitioner aggrieved by the order dated

9.12.2021 passed in Com.Execution No.38/2020 by

the LXXXII Additional City Civil and Sessions Judge

(CCH 83) Bengaluru has filed this writ petition.

2. The respondent filed a suit in

O.S.No.25577/2012 seeking for recovery of money

along with interest. The said suit was transferred to

Commercial Court and the same as renumbered as

Com. O.S.No.25577/2012. The Commercial Court

after full fledged trial, partly decreed the suit of the

respondent vide judgment and decree dated

13.12.2019. The petitioner aggrieved by the

judgment and decree passed in the aforesaid suit,

preferred Commercial Appeal 14/2020. The said

appeal came to be allowed in part and the judgment

and decree passed by the Trial Court was modified

only to the extent of interest portion.

3. The respondent filed Execution Petition

38/2020 before the Commercial Court for execution of

the judgment and decree passed in the aforesaid suit.

In the said Com. Execution, the respondent has filed

an application to issue attachment warrant of the

bank accounts as mentioned in the application. The

said application is opposed by the respondent. The

Trial Court passed the order on 9.12.2021 issuing

attachment warrant of the bank accounts as

mentioned in the application. Hence, the petitioner

filed this writ petition.

4. Heard the learned counsel for the petitioner

and also the learned counsel for the respondent.

5. Learned counsel for the petitioner submits

that the Trial Court without assigning any reasons has

proceeded to pass the impugned order. He further

submits that the impugned order passed by the

Executing Court is a cryptic order. Hence, prays to

allow the writ petition.

6. Per contra, learned counsel for the

respondent supports the impugned order.

7. It is not in dispute that the respondent has

filed the suit for recovery of money against the

petitioner before the Commercial Court. The

Commercial Court after full fledged trial decreed the

suit of the respondent. The petitioner aggrieved by

the judgment and decree passed by the Commercial

Court preferred an appeal. The Appellate Court

allowed the appeal in part and modified the judgment

and decree passed by the Commercial Court.

8. The respondent filed the Execution Petition in

EP No.38/2000. In the said Execution Petition, the

respondent filed an application seeking attachment of

the bank accounts of the petitioner and also filed an

application under Order VI Rule 17 CPC seeking

amendment of the Execution Petition. Further the

petitioner has also filed an application for dismissal of

the Execution Petition under Order XXI Rule 28 r/w

Section 151 CPC. The Trial Court has not passed any

order on the application filed by the respondent for

amendment of the Execution Petition and also has not

passed any order on the application filed by the

petitioner for dismissal of the Execution Petition under

Order XXI Rule 28 r/w 151 CPC. The Trial Court has

proceeded to pass the impugned order attaching the

bank account of the petitioner. The Trial Court while

passing the impugned order has not assigned any

reasons. The order passed by the Trial Court is a

cryptic order Further the Trial Court has not applied

its mind and proceeded to pass the impugned order.

The impugned order passed by the Trial Court is

arbitrary and capricious and the same is liable to be

set aside.

9. In view of the above discussion, the following

order is passed :

ORDER

i) The writ petition is allowed;

ii) The impugned order dated 9.12.2021 passed

in Execution Petition No.38/2020 is set aside.

iii) The Executing Court is directed to reconsider

the applications filed by the parties and pass

appropriate order in accordance with law.

SD/-

JUDGE

rs

 
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