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Bombay High CourtAPP/115/2017

Bhatia Industries And Infrastructure Limited v. Asian Natural Resources (India) Limited And ANR.

2016-09-06Hon'Ble Justice Revati Mohite Dere,Hon'Ble Shri Justice V.M. Kanade1 pages

1/1 Index-APPL-794-2015

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL (L) NO.794 OF 2015 IN JUDGES ORDER NO.215 OF 2014 IN EXECUTION APPLICATION NO.240 OF 2011 IN FOREIGN AWARD DATED 17 JANUARY 2011 Bhatia Industries & Infrastructure Limited ....Appellant.

V/s Asian Natural Resources (India) Limited (formerly Bhatia International Limited) & Anr.

....Respondents.

INDEX Sr. No Particulars P. Nos Cause Title & Appearances Summary of the Judgment 2 & 3 Opening para of the judgment Questions which fall for consideration before the Court.

Brief facts and gist of arguments on behalf of the Appellant and Respondent No.2 4 to 7 Question No.1: In which cases corporate veil can be lifted by the Court and whether the concept of lifting of corporate veil is also available in execution proceedings?

7 to 30 Question No.2: Whether the learned Single Judge was justified in lifting the corporate veil in this case and whether the learned Single Judge was further justified in coming to the conclusion that BIIL and BIL was a single economic entity? 30 to 57 Question No.3: Whether any interference is called for in the order passed by the learned Single Judge?