← Library
High Court of Punjab and HaryanaCWP/21917/2020dismissed

Rkm Worldwide v. Hbd Financial Services Limited

2022-01-19Mr. Justice M.S. Ramachandra Rao,Mr. Justice Jasjit Singh Bedi9 pages

V VISHAL 2022.01.25 10:13   

        



!

"#$%&&

#$#'$( "#$%&&  

            

 # )*% #$+,- & './( &0&)*)(1)$" ))# #$+,- & './( )2/.0/$31 "/      !

 "#



$ #% !

 "#

 

&0&)*)(1)$" ))#4 & ,)(53 #'$"6)(. &'(

 

#

 

+ " $ * 

 *"%,  # &-( 

  ./ * "

   % 0  /$ "

* 

$ 

 &1(

 

#

 "   * 



0 " 1 23 44 4516.  +  /$      7874-7'2 &8( ! 

  

0   * "     /$

%**



 &9(     /

 '57 :$  %# 0

 % "'90 ;8 75 3386.

%# &3( ) !$*$ -7'4#

  %#

 

 %  *$  0/$ #$"   * /  %0 #  $ "<)  $  0# => "# %#"

%/  ?/  @ %/  -7'4

  &2(   $ " #

  

  @.

 "% *! &@!(78'-'-7'4 &5( "   -47'-7-7$

 '1&-(" !!=>! -77-&"#A# !B( $ #

/0

%

*1 4' 9' 1996.>#  

% " '3 97 5926.  * 0  "% #

   .

#* ;82-C$



   $

 &4( ?/D 

 "

 /0 #

  #  

   *    /$# %

  $

 '1&8("# ! $ 7372-7-7 &'7(

  7272-7-7"  "#  $  / "> $  7'7'-7'4

 * # =   &''(

 #  "

 E.'7'-1.-7-7  #  E$ * 

&'-( ?'272-7-7 "% 



 "1772-7-7



'4 #

#

   /  -'72-7-7    $/D   $#

  #



 0  

  $   &'1( 

06""

  "

 /0 

$ %  /

0 " #

 

 " #     0  / #

 &'8( ? '275-7-7 #  #  %   E$   "#

"# %$"'4 # $$  %

 

 '272-7-7     #  " #    --8 #



   ##

$ $/ 

#  *   #  #*  "

   $  E?>.'4

 &'9( ! # *  $  " 

 ""

 # " #



# 

 % 

     "  

$ 

%



 &'3( E$

  '25-7-7



  %    "      

     

     0    

    0* #



 &'2( ? -875-7-7      "   %

 /0 #

#

&'5( ? -975-7-7  

   #

 # #

B 

  -875-7-7 $ $  / %

$# 0 (./#$#67 ././#$ +7 #7#)-,8.1 7#$"

$.#$&9& &'4( "  -275-7-7 #   " %

/0 #

   /0 

 

%  -275-7-7 &'8( &-7( ># 

.%

 ##  $"

 #  $  @!  78'--7'4 

D$



* $

 #  ! >   # #

B  :$  " % $%  /     % $% 

/ # / "

# 0

##



  % % " *#F##

# "

%  "

  



/0 0  

# 

#  *

F ##  "  # #*



    *

/



 &-'(

  %

 #  ""

  "

 " 0 "$#      % " #  %

  " #

 " #  $

  "  $  " #   $

 71 0 "

# #    #

  $

*$

! 0:  :

 6/- " ,8 7 ././#$  , 6#  .1   ,.  (#!

8 /,'$)- &--(

"

!.9'.-7-7&'9(/ ).> E#

*#/$# %  -8''-7-7 &-1( ) /$ #

## 

* 0%% /0

 #* *" /0



*

 &-8(  

  # *  /0 #

 /  /  0!

) /$ $

 '5"# ! 77-/()./#$,8 7#$"

$.'$"

0 (&;#6.1 (. &-9( 

.# "



 $

 '8" !/   *  ,  # &-3(

E.'7'-1.-7-7 -174-7-7

# / 0    

 -275-7-7   /0



B   "

 /$.)$. /.

././#$ &-2( ?'8'--7-7 #   #/

"

 # *    " 

 "

 

 $

   '8 " #  !     # *

0 -275-7-7 $  /0 

 

B ""

 " >

#  #

 # * 

-47'-7-7 $ $

 '1&-("# !  7372-7-7

$ $

 '1&8("# !  

-8''-7-7  /0# ).>E# * #!

"%#

" #

   

* 

"% *0  

$

!   



* .$$ *"#   $ "# % $% "# %#",$ ,$ 0 !$*$ -7-7  $ "# $% $%* /0

"# %#"# !

 0 -7-7 <!

$.)6.

6/-/$3#6.1  /.

././#$ &-5( ?'5'--7-7 # E$



'9 #

-

"%#  $#

 

# #  #  /   0 " #   * "    

 *  #

 #$ "#

  + "#  * &-4( % $

 D$% 727'-7-'  -37--7-' # E$



"$# %$ "'5 # &17( 

 #

 0%$"5 '2 1-56. "  /$0 -7-'

% 0 

  (#$.

$./#$#6 7#$"

$. &1'( E$ "

 #'8'--7-' #   $

8 11 15 2-76.   %$

28 37 '3797 #

% %* $

"# "#

  " $ "#

# * 

").

> E#

*# !.9'.-7-7/ !) .%

 /0

"

-37--7-' #

/ * 0

" &1-( >   #-2''-7-7 #   *  ,  ##  

$

 '8"# !

%

  #0     "#

 #$ "#

> 

##

B 0 " *$  * *

 $   /  

      $  

@!  /  *# 0 *$  $ *

/0

0    %$ 

 #  > *$

 $    $  *$   %

" 

 " 0   %"# 

*$

>  ##

% 0$/  

 #  0 /

0 0"$#  &11( >   # 

%

"%7375-7'4 -772-7-7 #

# /

*   0  #

0 1771-7-7 $  /0 #    /D "

$

 '1.!/$  

-275-7-7

B

  &18( >    # # *$ 0 *  $  /0 # < % ">

#$*#>$"# E?>.'4



  

0  #

  

B  $

   

  @!  78'--7'4  %$# /  # #  " -57--7-7

> 

  * "E?>.'4

 2#/$"

#6.1 7 ././#$ &19( ! D

"



  

> ##

#   0

$%" ' 14 33 3776.   #

  /

$$ * # * " #   $  >      # #

 #  %$"-5 ##  ""

" #  

    

 8 5- 32-6. /0 0 "

% " /$#



 (#$/"

)./#$,8.1 #' . &13(  #   "/#

 &12( %#

 "# 

   #

 7874-7'2 "1 23 44 4316.  /$  $ " #

  0   => 

B $  

@!78'--7'4

*$

!# /

* #

/0 $ *" $

 '1&-("# !-47'-7-7

%



0

37 01 4' 94 1996. &15( !

0  " 1 %#  #    =>

# /

%

"# %#"

%/   ?/  @ %/  -7'4 &14(  B /D  "

  '971-7-7  #   '1&-(

1771-7-7

  &87(

"9%# !$*$ -7-7

E.'7'-1.-7-7 $

0"# 



 --87 #   

 

 "  # ?)""

"#

-875-7-7  -275-7-7 &8'( # 

"

*  % 

 0 

 " '9 #  '5'--7-7  /$

#  #

 *    

  "$#  $% " '5 #-37--7-' #

 05 '2 1-56. &8-( )#$    "  !$*$  -7'4    &" /$ -5 %#( #

#

 0--87 #H'9 #H 5 '2 1-56.  *$%"89 92 1-56. #$*# 0%# 0

 % 

*#

8 75 3386. &81( !  # !  -8''-7-7 #

 

0/ !)#$*## !

) /$   "$     #  "

 

  *# 0  %/  -7-7 &88( !

*  #

  #    $

*   '8'--7-'  8 11 15 2-76.     % 28 37 '376. &89(  * * #   "#



 %  " $/   %$ 

 "   !$*$  -7'4 "% #

 "-0   / %

"

B :$ " %

%

 &83(

 #  /

 /   #  /  $ # #$*##

#

"$

><$

#

  *   #    # *  % $%  #

*"$ 0

%

&82(  "

0

* 0$ / 

 "#

*  "%#

$

 "# ! &85( !

* 0 #  

%   &84( @ &0&)*)(1)$" ))#

'"3 '47'-7--  )2/.0/$31 "/

'"3