Small Industries Development Bank Of India And ORS. v. Electrocoating And Insulation Technologies Pvt. Ltd.Through Its Managing Director Mr.Ravindra S. Ra

Shridhar Sutar 1 927-caf-4443-16.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 4443 OF 2016 IN FIRST APPEAL NO. 472 OF 2014 Small Industries Development Bank of India and others ... Applicants

Versus

Electrocoating & Insulation Technogies Pvt.

Ltd.

... Respondent .....

Mr. Balraj Kulkarni, Advocate i/b PRS Legal for the Applicants. Mr. Sagar Kursija, Advocate i/b Mr. T. D. Deshmukh, Advocate for the Respondent.

.....

CORAM : A. S. CHANDURKAR, J.

DATE : 13th DECEMBER, 2018.

P. C.:

CIVIL APPLICATION NO. 4443 OF 2016 1.

Considering the reasons mentioned in the application, the conditional order dated 25th April, 2014 with regard to filing of private paper-book is partly modified.

2.

The private paper-book is now directed to be filed within a period of two weeks from today. A copy be served upon the Counsel for the respondent.

Shridhar Sutar 2 927-caf-4443-16.doc 3.

The decreetal amount of Rs.5,00,000/- along with interest, if not deposited, shall be deposited within a period of four weeks from today.

4.

The civil application is accordingly allowed in terms of prayer clauses (a) and (c).

FIRST APPEAL NO. 472 OF 2014 1.

It is submitted by the learned Counsel for the respondent that the First Appeal No. 1809 of 2013 filed by the respondent has been transferred to the District Court on account of enhancement of pecuniary jurisdiction.

2.

The office to verify the same and after examining the claim made in the present proceedings, appropriate steps be taken. ( A. S. CHANDURKAR, J. )