Bank Of Baroda (Erstwhile Dena Bank),Mumbai v. Mahendra Babulal Parikh And ORS.

18-COMFA.4.2024 Jvs.

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION COMMERCIAL FIRST APPEAL NO. 4 OF 2024 WITH INTERIM APPLICATION (ST) NO. 4501 OF 2025 Bank of Baroda } (Erstwhile Dena Bank) } Appellant

Versus

Mahendra Babulal Parikh & Ors.

} Respondents Ms. Akshaya Puthran with Mr. Rhythm Rathod i/b. S K Singh & Partners LLP for appellant.

Digitally signed by JAYANT VISHWANATH SALUNKE Date:

2025.02.10 18:31:43 +0530 JAYANT VISHWANATH SALUNKE Mr. Rohaan Cama i/b. Mr. Jaywant S. Gaikwad for respondents.

CORAM: ALOK ARADHE, CJ. & BHARATI DANGRE, J.

DATE:

FEBRUARY 10, 2025 PC:

1.

This appeal under section 13(1-A) of the Commercial Courts Act, 2015 has been filed against the judgement and order dated 22nd August 2022, by which the appellant has been directed to release balance shares as set out in Exhibit 17 within a period of two months.

2.

Learned counsel for the appellant, after arguing the matter to some extent, prays for time in order to enable her to state before this Court the market value of the remaining seven shares which are available with the bank.

3.

List on 18th February 2025.

(BHARATI DANGRE, J.) (CHIEF JUSTICE)