Kotak Mahindra Bank Limited v. Chhedi Sahani

OIPD-6

IN THE HIGH COURT AT CALCUTTA

ORIGINAL SIDE Intellectual Property Rights Division CC/15/2024 WITH EC/438/2015 KOTAK MAHINDRA BANK LIMITED VS CHHEDI SAHANI Before:

The Hon'ble Justice RAVI KRISHAN KAPUR Date: 24th July, 2025 Appearance:

Mr. Jayanta Kumar Pain, Adv.

..for the contemnor.

Ms. Shrayashee Das, Adv.

Mr. Rohan Kumar Thakur, Adv.

Mr. Tridibesh Dasgupta, Adv.

..for the petitioner.

The Court: The judgment debtor offers to pay a sum of Rs. 3,50,000/- in installments of Rs. 5,000/- each.

It is submitted on behalf of the award holder that they are agreeable to accept the above sum of Rs. 3,50,000/- in 10 installments. This proceeding has been pending for a considerable long time. In view of the peculiar facts and the failure of the award holder to ascertain any other tangible assets belonging to the award debtor, CC/15/2024 along with EC/438/2015 stands disposed of by directing the judgment debtor to pay Rs.5,000/- per month by the 1st of every month commencing from the month of August 2025. Liberty is granted to the award holder to file a fresh application in accordance with law, if the circumstances so warrant. (RAVI KRISHAN KAPUR, J.) Arsad, AR(CR)