Baco Metallic Industries v. Egcg Ltd Formally Known As Export Credit Guarantee Corporation Of India Ltd

12-COMEX-7-2026.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL EXECUTION APPLICATION NO. 7 OF 2026 Baco Metallic Industries ...Applicant V/s.

ECGC Ltd. Formally Known as Export Credit Guarantee Corporation of India Ltd.

...Respondent

Mr. Harsh Kesharia for the Applicant.

Mr. Abhishek Mookherjee i/b Shardul Amarchand Mangaldas for the Respondent.

CORAM

:

ABHAY AHUJA, J.

DATE :

20th APRIL, 2026 P.C. :

1.

None for the parties.

2.

On 13th March, 2026, the following order was passed:- "1. When the matter is called out, Mr. Lohiya, learned Counsel appearing for the Applicant and Dr. Saraf, learned Senior Counsel appearing for the Respondent are ad-idem that the disclosure order directed by order dated 16th February, 2026 be vacated as the Respondent would deposit the entire decretal amount including the interest upto the date of deposit in this Court within a period of four weeks. Ordered accordingly

2. List on 20th April, 2026 for compliance."

3.

Although none appears for the parties, the remark column in the cause list indicates that the Respondent has deposited the sum of Rs. Nikita Gadgil 1/2

12-COMEX-7-2026.doc 1,22,05,239/- in this Court on 13th March, 2026. 4.

Just when this Court is about to dispose of the Commercial Execution Application, Mr. Kesharia, learned Counsel appears and submits that the Commercial Execution Application has been worked out in view of the deposit of the amount in this Court and the same be disposed of.

5.

The Commercial Execution Application accordingly to stand disposed.

(ABHAY AHUJA, J.) Digitally signed by NIKITA YOGESH GADGIL Date:

2026.04.20 19:43:07 +0530 NIKITA YOGESH GADGIL Nikita Gadgil 2/2