Skand Pvt Ltd v. Tata Capital Financial Services Ltd. And 11 ORS

29-IAL-8436-2020 IN CHSL-1505-2016.DOCX Shephali

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO. 8436 OF 2020 IN CHAMBER SUMMONS (L) NO. 1505 OF 2016 IN ARBITRATION PETITION NO. 569 OF 2016 Skand Pvt Ltd ...Applicant In the matter between Tata Capital Financial Services Limited

...Petitioner

Versus

Regal Investment Construction and Holding Private Limited & Ors

...Respondent

Mr Akash Menon, with Ms Bency Ramakrishnan, i/b Akash Menon, for the Applicant.

Mr Nikhil Mehta, i/b KMC Legal Venture, for the Original Petitioner. Mr Vishal Siryan, for Additional Respondent.

Mr DN Kher, Court Receiver present.

CORAM:

G.S. PATEL, J (Through Video Conference) DATED:

6th January 2021 PC:- Shephali Mormare by Shephali Mormare Date: 2021.01.07 10:46:25 +0530 1.

Heard through video conferencing.

6th January 2021

29-IAL-8436-2020 IN CHSL-1505-2016.DOCX 2.

The Interim Application has joined additional Respondents Nos. 1 to 11. They have all filed separate Consent Affidavits. None others can have any objection to the reliefs sought. The Petitioners are represented and have no objection either. 3.

The Interim Application is made absolute in terms of prayer clauses 6(a)(i), 6(a)(ii) and 6(a)(iii).

4.

The Court Receiver will stand discharged in respect of the subject properties without passing any accounts but on payment of his costs, charges and expenses by the present Applicant, Skand Private Limited.

5.

The Interim Application is disposed of in these terms. 6.

Chamber Summonses (L) Nos. 1523 of 2017, 1524 of 2017, 1525 of 2017, 1526 of 2017, 1527 of 2017, 1528 of 2017 and 1529 of 2017 are not on board. Mentioned. Taken on board. 7.

The Chamber Summonses are said to be infructuous and are disposed of as such.

8.

copy of this order.

(G. S. PATEL, J) 6th January 2021