Maharishi Ayurveda Products Pvt Ltd v. Sparsh Builders Pvt Ltd

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + EFA(OS) 4/2019 MAHARISHI AYURVEDA PRODUCTS PVT LTD. ..... Appellant Through:

Mr Harish Malhotra, Senior Advocate with Mr Vishal Gera, Advocates.

versus SPARSH BUILDERS PVT LTD ..... Respondent Through:

Mr Sunil Agarwal, Advocate.

CORAM:

JUSTICE S.MURALIDHAR JUSTICE SANJEEV NARULA

O R D E R

% 08.03.2019 CAV 232/2019

1. Since the learned counsel for the Respondent has put in appearance, the caveat is discharged.

CM 10873/2019 (exemption) 2.Allowed, subject to all just exceptions.

EFA(OS) 4/2019

3. Notice. Notice is accepted by learned counsel for the Respondent. Learned counsel for the Respondent is permitted to file the additional documents at least one week prior to the next date with advance copy to learned counsel for the Appellant.

4. Learned Senior Counsel for the Appellant states that the amount payable in terms of the impugned order of the learned Single Judge, which works out to be Rs.48 lakhs, will be deposited in this Court within two months from today. The amount so deposited, will be kept in the fixed deposit by the

Registry, and it will be kept renewed after every six months till further orders.

5. Subject to depositing the aforesaid amount by the Appellant, the further proceedings in the execution petition shall remain stayed.

6. List on 19th July, 2019.

7. Dasti.

S.MURALIDHAR, J SANJEEV NARULA, J MARCH 08, 2019 rd