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Bombay High CourtIA/3637/2024disposed off

Apex Urban Co Operative Bank Of Maharashtra And Goa Ltd v. Silverline Technologies Ltd

2025-07-29Hon'Ble Shri Justice Abhay Ahuja2 pages

45-IA-3637-2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO.3637 OF 2024 IN COMMERCIAL EXECUTION APPLICATION NO.6 OF 2025 Apex Urban Co-operative Bank of Maharashtra and Goa Limited (In Liquidation) ...Applicant V/s.

Silverline Technologies Limited and Others

...Respondents

Ms.Monika Tanna a/w Ms.Dhara Modi, Ms.Nandita Dethe, Mr.Houkinat Kaur i/b Singhania Legal Services, Advocate for the Applicant. Mr.Mithlesh Chalke a/w Ms.Shivangi Goel i/b Rajani Associates, Advocates for the Respondents No.1 and 2.

CORAM

:

ABHAY AHUJA, J.

DATE :

29th JULY, 2025 P.C. :

1.

When the matter is called out, Mr. Chalke, learned Counsel appears for the Respondents No. 1 and 2 and submits that the matter has been settled with the Applicant/Judgment Debtor for Rs. 25.50 crs, out of which Rs. 7 Crs have already been paid. 2.

Ms. Tanna, learned Counsel appears for the Applicant/Judgment Creditor and tenders across the bar a Board resolution of the Respondent No. 1 to settle the dues of the Applicant for Rs. 25.50 Crs. 3.

Ms. Tanna submits that however, the balance amount is yet to be received.

Digitally signed by NIKITA YOGESH GADGIL Date:

2025.07.29 19:23:17 +0530 NIKITA YOGESH GADGIL Nikita Gadgil 1/2

45-IA-3637-2024.doc 4.

Mr. Chalke, learned Counsel for the Respondents submits that he would have to take instructions with respect to the timelines in which the balance amount can be paid.

Accordingly, list on 10th September, 2025. Let instructions be taken by the next date.

(ABHAY AHUJA, J.) Nikita Gadgil 2/2