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Bombay High CourtCAF/4816/2016disposed off

Cogent Enterprises Ltd. Through Its Director-Mr. Girimon Pattupara Thankappan And ORS. v. Shri. Vijay Kumar Jagdishray Chawla And ORS.

2017-02-28Hon'Ble Shri Justice M.S. Sonak1 pages

DSS 926-caf- 4816-16

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 4816 OF 2016 IN FIRST APPEAL NO. 1675 OF 2016 Cogent Enterprises Ltd. Company and ors.

.. Applicants vs.

Vijay Kumar J. Chawla .. Respondent Mr. Deepak Dhingra a/w. S. C. Wakankar for the Applicants. Mr. Saurabh Bhutada i/b Mr. Harshad Sathe for Respondent. CORAM :

M. S. SONAK, J.

DATE : 28 FEBRUARY 2017.

P.C. :- 1] Heard learned counsel for the parties.

2] There shall be a restraint upon the execution of the impugned decree subject to the applicants depositing in this court the entire decreetal amount together with interest and costs within a period of 12 weeks from today. It is made clear that in case the amount is not deposited, this interim relief shall stand vacated without any further reference to the court.

3] Once the aforesaid amount is deposited, the Registry to invest the same in a Nationalised Bank initially for a period of one year and thereafter to renew the same from time to time till decision of the appeal.

4] The civil application for stay is disposed of in the aforesaid terms.

(M. S. SONAK, J.) 1/1