Negolice India Limited Through Its Authorised Representative D.N. Singh v. Nina Concrete Systems Pvt. Ltd Through Its Directors K.K. Parikh And M.K.Parikh

21-EXA-1906-2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY AND ORIGINAL CIVIL JURISDICTION EXECUTION APPLICATION NO.1906 OF 2024 NEGOLICE INDIA LIMITED THROUGH ITS ) AUTHORIZED REPRESENTATIVE D.N.SINGH )...APPLICANT V/s.

NINA CONCRETE SYSTEMS PVT. LTD.

) THROUGH ITS DIRECTORS K.K.PARIKH AND ) M.K.PARIKH )...RESPONDENT WITH NOTICE (L) NO.25559 OF 2024 IN EXECUTION APPLICATION NO.1906 OF 2024 Ms.Kiran P. Chandorkar a/w. Mr.Prasad Apte, Advocate for the Applicant.

Mr.Sahil Mahajan a/w. Mr.Saurabh Godbole and Ms.Siddhi Patil, Advocate for the Judgment Debtor.

Mr.Mehul Kirit Parikh and Mr.Kaushal Kirit Parikh, Directors of the Judgment Debtor present in Court.

Mr.D.N.Singh, Authorised Representative of the Applicant.

CORAM

:

ABHAY AHUJA, J.

DATE :

24th DECEMBER 2025 P.C. :

1.

When the matter is called out, Mr.Sahil Mahajan, learned Counsel, appears for the Respondent and at the outset submits that as ARTI VILAS KHATATE directed by this Court, the directors of the Respondent are present in by ARTI VILAS KHATATE Date:

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21-EXA-1906-2024.doc Court. Mr.Mahajan also submits that against the award in execution, there is a Petition under Section 34 of the Arbitration and Conciliation Act, 1996, that has been filed before the Tis Hazari Court at Delhi, and that this Court may, therefore, suitably adjourn the matter. 2.

Ms.Kiran Chandorkar, learned Counsel, appears for the Applicant and submits that since the Respondent is represented and also the directors are present in Court and there has been no explanation on record furnished with regard to the satisfaction of the decree, this Court may make the Notice absolute and direct that the execution proceed as per law.

3.

Having heard the learned Counsel and having considered the submissions, this Court is of the view that the Notice under Order XXI Rule 22 of the Code of Civil Procedure, 1908 ("CPC") be made absolute.

4.

Execution to proceed in accordance with law.

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