Bharat Udayog Limited v. Mahrashtra Industrial Devlopment Corporation

44-IA-1796-2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION by KANCHAN PRASHANT DHURI Date:

2024.11.19 19:34:30 +0530 INTERIM APPLICATION NO. 1796 OF 2024 KANCHAN PRASHANT DHURI IN COMMERCIAL EXECUTION APPLICATION NO. 1231 OF 2018 Bharat Udyog Limited ... Applicant

Versus

Maharashtra Industrial Development Corporation ... Respondent WITH INTERIM APPLICATION (L) NO. 4852 OF 2021 IN COMMERCIAL EXECUTION APPLICATION NO. 1231 OF 2018 ------------- Mr. Siddharth Samantray alongwith Mr. Nikhil Patil instructed by Mr. P.M. Jadhav for the Decree-holder/Applicant in IA-1796-2024 and for the Respondent in IAL-4852-2021.

Ms. Shyamali Gadre alongwith Mr. A. Kulkarni instructed by Little & Co., Advocates for the Applicant in IAL-4852-2021 and for the Respondent in IA-1796-2024.

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CORAM

:

ABHAY AHUJA, J.

DATE :

19 NOVEMBER 2024 P.C. :

1.

Pursuant to the order dated 30th September 2024, today when the matter is called out, Ms. Gadre, learned Counsel appears for the Respondent-Maharashtra Industrial Development Corporation (MIDC) and submits that as directed by this Court on the last date, Affidavit has Kanchan Dhuri 1/2

44-IA-1796-2024.doc been filed which contains working on interest on behalf of the MIDC. 2.

Ms. Gadre, learned Counsel also submits that Mr. Anturkar, Senior Counsel, who leads the matter is before the first Court and that the matter be suitably adjourned.

3.

Mr. Samantray, learned Counsel, appears for the Applicant and submits that there is no necessity of filing rejoinder to the Affidavit filed by the MIDC and submits that if an amount of Rs.11,76,23,739.52 is paid to the decree-holders, the matter can be settled and no further amount would be claimed under the present execution proceedings. 4.

Let Ms. Gadre, learned Counsel for MIDC take instructions. 5.

List on 5th December 2024 at 4.15 p.m.

(ABHAY AHUJA, J.) Kanchan Dhuri 2/2