Samartha Development Corporation v. Municipal Corporation Of Greater Mumbai

6. IA 804-24 in EXAL 5358-24.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 804 OF 2024 IN EXECUTION APPLICATION (L) NO. 5358 OF 2024 Samartha Develpment Corporation ...Applicant V/s.

Municipal Corporation of Gr. Mumbai

...Respondents

Mr. Kunal Dwarkadas with Mr. Shanay Shah, Mr. Amit Mehta, Mr. Danish Qureshi and Mr. Vedant Rane i/b Mahimtura & Co. for the Applicants.

Mr. R. V. Govilkar, Senior Advocate with Ms. Jyoti Mhatre i/b Ms. Komal Punjabi for the MCGM.

Mr. Akshay Pawar i/b Mr. Kunal Bhanage for the Respondent No.5.

CORAM

:

ABHAY AHUJA, J.

DATE :

21st JULY, 2025 P.C. :

1.

This matter has been listed for compliance today. 2.

When the matter is called out, Mr. Dwarkadas, learned Counsel appearing for the Applicant/Judgment Creditor submits that the principal amount of Rs. 2,22,12,900/- has been received, however, interest is yet to be received.

3.

Mr. Govilkar, learned Senior Counsel appearing for the Municipal Corporation submits that the balance amount of Rs. 2,50,05,943.96 Digitally signed by NIKITA YOGESH GADGIL Date:

2025.07.21 18:57:00 +0530 NIKITA YOGESH GADGIL would be paid within a period of four weeks.

Nikita Gadgil 1/2

6. IA 804-24 in EXAL 5358-24.doc 4.

Mr. Dwarkadas submits that if the said amount is going to be paid with the interest he has no objection.

5.

Let the balance amount of Rs. 2,50,05,943.96, subject to arithmetical verification to be paid within a period of no later than four weeks.

6.

List on 18th August, 2025 for further compliance. (ABHAY AHUJA, J.) Nikita Gadgil 2/2