Yes Bank Ltd Through Its Managing Director Prashant Kumar v. Pax Hygiene Pvt Ltd

Neeta Sawant 913-INTERIM APPLICATON NO.8154-2025.docx

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO. 8154 OF 2025 IN CONTEMPT PETITION (ST.) NO. 5495 OF 2025 Ashish Chaturvedi ...Applicant (Orig. Respondent No.2) In the matter between :

Pax Hygiene Pvt. Ltd. & Anr.

... Petitioners : Versus :

Yes Bank Ltd. and Ors.

....Respondents Mr. Zubin Behramkamdin, Senior Advocate, a/w. Mr. Mandar Soman I.by. Mr. Shubham Shinde, for the Petitioners.

Mr. Cyrus Ardeshir, Senior Advocate i/by. Mr. R.L. Motwani for the Respondent Nos.1 to 5.

CORAM : SANDEEP V. MARNE, J.

DATED :

9 MAY 2025.

P.C. :

1) Mr. Behramkamdin, the learned Senior Advocate appearing NEETA SHAILESH SAWANT for the Original Petitioner, on instructions, makes a statement that all NEETA SHAILESH SAWANT Date: 2025.05.09 19:22:05 +0530 goods and articles of the Petitioner shall be removed from the premises on/or before 20 May 2025.

____________________________________________________________________ Page No.

1 of Friday, 9 May 2025

Neeta Sawant 913-INTERIM APPLICATON NO.8154-2025.docx 2) Mr. Ardeshir, the learned counsel appearing for the Applicant submits that access shall be granted to the Petitioner every day from 10.00 a.m. to 6.00 p.m. for removal of goods and articles. Mr. Ardeshir would further submit that in the event of the Petitioner seeking to reconnect the disconnected electricity supply from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the limited purpose of removing all goods and articles, the Applicant shall not raise any objection and shall extend co-operation for such reconnection of electricity supply. It is clarified that in the event of the Petitioner being unable to reconnect the electricity supply, the same cannot be cited as a pretext for seeking extension of time to remove the goods.

3) It is made clear that in the event of inability or failure on the part of the Petitioner to remove any goods or articles by 20 May 2025, the Applicant-Bank shall be at liberty to go ahead with auction process of the premises and if needed, remove any goods and articles of the Petitioner remaining in the premises at the risk and costs of the Petitioner.

4) In view of arrangement agreed between the parties, nothing remains to be adjudicated in the Interim Application. The same is accordingly disposed of.

[SANDEEP V. MARNE, J.] ____________________________________________________________________ Page No.

2 of Friday, 9 May 2025