Citation : 2025 Latest Caselaw 4578 Tel
Judgement Date : 7 April, 2025
THE HON'BLE JUSTICE MOUSHUMI BHATTACHARYA
AND
THE HON'BLE JUSTICE B.R.MADHUSUDHAN RAO
COMMERCIAL COURT APPEAL NO.10 OF 2025
Mr. Pasham Mohith, learned counsel appearing for the appellants.
Mr. Shiva Ram Sharma B, learned counsel representing Mr. P Rajagopal Reddy,
learned counsel appearing for the respondent Nos.1 to 3.
JUDGMENT:
(Per Hon'ble Justice Moushumi Bhattacharya)
1. Learned counsel appearing for the respondent Nos.1 to 3
submits that the Trial Court may be directed to dispose of the
C.O.P. filed by the appellants herein within a certain time frame,
upon the respondents being given an opportunity to present their
defense to the C.O.P.
2. We note that the appellants were granted interim protection
pending the Appeal by this Court on 05.03.2025, in the form of the
respondent No.1 being restrained from further alienating the
property/subject matter of the Arbitration in favour of their
assignees/legal-heirs and nominees.
3. Considering the fact that the C.O.P. filed by the appellants
remains with the Commercial Court and the respondents are yet to
file their counters in the said C.O.P., we deem it fit to dispose of the
Appeal by directing the Trial Court to permit the parties to file their
counters and applications, as the case may be, and to dispose of
the C.O.P. within 8 weeks from 15.04.2025.
4. None of the parties shall seek any adjournments from the
Trial Court.
5. The order passed by us on 05.03.2025 shall remain in place
till 2 weeks after the Trial Court pronounces its order in the said
C.O.P.
6. C.O.M.C.A.No.10 of 2025, along with all connected
applications, is disposed of in terms of the above.
7. We further make it clear that none of the respondents before
the Trial Court shall take any steps in terms of the subject matter
of the section 9 of The Arbitration and Conciliation Act, 1996,
proceedings to render the said proceedings infructuous.
8. The appellants shall serve the papers in the C.O.P. to the
respondents' counsel, who is present in Court today, by tomorrow,
i.e., 08.04.2025.
All connected applications are dismissed. There shall be no
order as to costs.
__________________________________ MOUSHUMI BHATTACHARYA, J
_____________________________ B.R.MADHUSUDHAN RAO, J
Date: 07.04.2025 NDS
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