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Bombay High CourtIA/14353/2024allowed

Mukund Limited v. Nico Extrusion Limited

2025-01-07Hon'Ble Justice Sharmila U. Deshmukh1 pages

12 ia14353-24

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO.14353 OF 2024 IN FIRST APPEAL NO.1773 OF 2024 Mukund Limited ... Applicant.

In the matter between:

Mukund Limited ... Appellant.

Versus

Nico Extrusion Limited ... Respondent.

----- Mr.Prakash Shah a/w. Mr.Durgaprasad Poojari i/by PDS Legal for the Applicant-Appellant.

Mr. Bharat Raichandani (through video conferencing) a/w. Mr.Aman Mishra i/by UBR Legal for the Respondent.

----- Coram : Sharmila U. Deshmukh, J.

Date : January 07, 2025 P. C. :

1.

Interim Application has been preferred seeking stay of the impugned judgment dated 26th June, 2024. Considering that the decree is a money decree, the Application is allowed subject to deposit of the principle amount of Rs.28,95,563/- in this Court. The Registrar (Judicial) is directed to invest the said amount in fixed deposit in a nationalised bank.

2.

Interim relief in terms of prayer clause (a). [Sharmila U. Deshmukh, J.] sa_mandawgad 1 of Signed by: Sanjay A. Mandawgad Designation: PA To Honourable Judge Date: 08/01/2025 14:41:43