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Sri Abhijit Debnath vs Sri Prabir Kumar Majumder And Others
2025 Latest Caselaw 1050 Tri

Citation : 2025 Latest Caselaw 1050 Tri
Judgement Date : 30 April, 2025

Tripura High Court

Sri Abhijit Debnath vs Sri Prabir Kumar Majumder And Others on 30 April, 2025

                                  Page 1 of 5




                      HIGH COURT OF TRIPURA
                            AGARTALA
                             CRP No.26 of 2025

Sri Abhijit Debnath
                                                         ......... Petitioner(s).
                             VERSUS
Sri Prabir Kumar Majumder and others
                                                      ......... Respondent(s).

For Petitioner(s) : Mr. Purusuttam Roy Barman, Sr. Advocate, Mr. Dipjyoti Paul, Advocate.

For Respondent(s) : Mr. Bibhal Nandi Majumder, Sr. Advocate, Mr. Debalay Bhattacharya, Sr. Advocate, Mr. Debasish Datta, Advocate, Mr. K. De, Advocate, Mr. Rajib Saha, Advocate.

HON'BLE THE CHIEF JUSTICE MR. APARESH KUMAR SINGH

Order 30/04/2025

The instant revision petition is directed against the judgment

dated 17.02.2025 passed in Misc. Appeal No.01/2023 by the learned District

Judge, South Tripura, Belonia under order XLIII Rule 1(r) whereby the

learned appellate Court has set aside the order of temporary/interim

injunction granted by the learned trial Court vide dated 05.09.2023 in Civil

Misc. (Injunction) No.03/2023.

Petitioner under an agreement for sale with the defendant No.1-

owner claims to be running M/s. P.K. Petroleum Agency, the dealership of

which was allotted in favour of the defendant No.1 by the Indian Oil

Corporation (IOC, for short). It is the case of the plaintiff that in order to

ward off the threat of forfeiture of his mortgaged property against a loan

taken from IDBI Bank, the respondent No.1 entered into the agreement for

sale of the land along with the petrol pump for a consideration of

Rs.4,00,00,000/- (Rupees Four Crores) only. Out of that Rs.50,00,000/-

(Rupees Fifty Lakhs) only was paid as advance, and till date

Rs.2,02,88,904/- (Rupees Two Crore Two Lakh Eighty-Eight Thousand

Nine Hundred and Four) only has been paid in total. In the meantime, the

plaintiff came to know that the respondent has floated the mortgaged

property over which the petrol pump is situated for sale on OLX.Com.

Being concerned, he approached the learned trial Court in T.S. No.5/2023

and also prayed for interim injunction through Civil Misc. (Inj.)

No.03/2023. By order dated 05.09.2023, the learned trial Court granted a

temporary injunction framed in the following manner after hearing the

defendant No.1, IOC and the Banks:

"33. Accordingly, the application of the plaintiff-petitioner for temporary injunction is hereby allowed with the following declarations:

(i) That the defendant-Ops No. 4 and 5 are hereby directed to authorize the plaintiff-petitioner to operate the Bank account No. 0405050010290 of Punjab National Bank, Sabroom Branch, IFSC Code No. PUNB0040520 in the name of M/S P. K Petroleum Agency, IOC(AOD), and withdraw Cash and Cheque(s) by putting his signature(s) for and on behalf of the defendant-Op No. 1 in terms of the Authorization Affidavit, dated 28.09.2022, till disposal of the instant suit,

(ii) That the defendant-Op No. 1 is restrained from alienating the suit property to anyone else than the plaintiff-petitioner, in terms of the Agreement for Sale, dated 16.09.2022, till disposal of the instant suit,

(iii) That the defendant-Ops No. 6, 7 and 8 are hereby directed to allow the plaintiff petitioner to run the petroleum pump under the name & style of M/S P.K Petroleum Agency, by reconstituting the dealership of the said petrol pump in favour of the plaintiff-petitioner, on the strength of the Agreement for Salem, dated 16.09.2022 and Irrevocable General Power of Attorney, dated 28.09.2022 executed by the defendant-Op No. 1 in favour of plaintiff-petitioner,

(iv) That the defendant-Ops No. 4 and 5 are further directed to act in terms of the Authorization Affidavit, dated 28.09.2022, by allowing the plaintiff-petitioner to operate the Bank account No. 0405050010290 of Punjab National Bank, Sabroom Branch, IFSC Code No. PUNB0040520 in the name of M/S P. K. Petroleum Agency, IOC(AOD), and withdraw Cash and Cheque(s) by putting his signature(s) for and on behalf of the defendant-Op No. 1, along with all other incidental powers flowing from the said Authorization Affidavit, dated 28.09.2022.

34. Thus, the case is disposed of on contest.

35. Make necessary entry in the relevant trial register."

The business of the petrol pump is being operated with the

Punjab National Bank (PNB, for short) in an arrangement between the

plaintiff and defendant No.1. The defendant No.1 approached the learned

appellate Court in Misc. Appeal No.01/2023. The learned appellate Court

has allowed the appeal by setting aside the interim injunction inter alia on

the ground that there is absence of prima facie case in favour of the plaintiff

and even if the plaintiff succeeds he can be compensated in terms of money

or refund of the earnest money. The plaintiff has therefore approached this

Court in the present petition under Article 227 of the Constitution of India.

Mr. Purusuttam Roy Barman, learned senior counsel for the

plaintiff-petitioner assisted by Mr. Dipjyoti Paul, submits that the petrol

pump is a running concern on the basis of the agreement for sale undertaken

between the plaintiff and defendant No.1-owner and the accounts of the

petrol pump are being managed under the understating between the two

parties with the intention to repay the outstanding loan amount of the

defendant No.1. The learned trial Court finding a prima facie case in his

favour and also the other two ingredients having been fulfilled, granted a

temporary injunction allowing the plaintiff to operate the bank account in

the PNB.

Learned senior counsel for the petitioner submits that if the

agency is not allowed to operate the petrol pump during pendency of the

litigation, not only the plaintiff but the defendant No.1 would also suffer as

the bank will proceed to recover the outstanding loan amount in a

proceeding under Securitisation and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002. He also submits that that

plaintiff is ready to come forth with a concrete proposal to pay the total loan

amount of defendant No.1 with respondent IDBI Bank in a time bound

phased manner. Therefore, the impugned judgment may be stayed for the

time being so that the issue can be resolved, if possible, by a concrete

settlement between the parties.

Mr. Debalay Bhattacharya, learned senior counsel for the

defendant No.1, has strongly opposed the prayer. He submits that the

plaintiff has not abided by the terms of the agreement for sale. The bank, in

such a situation, may proceed to auction sale the suit property and in the

process, the defendant No.1 would be the ultimate loser.

Mr. Bibhal Nandi Majumder, learned senior Counsel for the

respondent-IOC submits that the dealership was granted in favour of the

defendant No.1 and as per their inspection conducted from time to time they

have not found any irregularity in the operation of the dealership.

Let notice be issued upon respondent No.2, 3, 4 and 5 under

ordinary process and speed post for which requisites be filed by Friday

(02.05.2025).

Notice is made returnable on 20.06.2025.

The Caveat filed by respondent No.1 is discharged.

Vakalatnama has been filed.

In the meantime, the impugned judgment dated 17.02.2025

passed in Misc. Appeal No.01/2023 by the learned District Judge, South

Tripura, Belonia shall remain stayed.

(APARESH KUMAR SINGH), CJ

Munna S MUNNA SAHA

Date: 2025.05.05 15:55:34 +05'30'

 
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