Lyka Labs Ltd. And ORS. v. Khushbu Impex Through Its Sole Prop. Mr. Bhupesh Sevantilal Shah

25:BHC-AS:6-DB Megha 23_ia_9061_2025.docx

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO.9061 OF 2025 IN COMMERCIAL FIRST APPEAL NO.18 OF 2025 Lyka Labs Limited and Ors.

...Applicants V/s.

Khushbu Impex

...Respondent

______________ Mr. Rohit Gupta with Mr. Ronak K. Parekh i/b. M/s. Arete Juris for the Appellants.

Mr. Sahil Mahajan for the Respondent.

______________ CORAM: ALOK ARADHE, CJ. & SANDEEP V. MARNE, J.

Dated: 8 JULY 2025.

P.C.:

1.

Heard the learned counsel appearing for the Applicants and the Respondent.

2.

The Application is filed seeking stay of the suit filed by the Respondent for sum of Rs.27,76,627/- alongwith interest @24% per annum, which was decreed by the Commercial Court. 3.

After hearing the learned counsel appearing for the parties, it is directed that in case the Applicants deposit the Page No.

1 of 8 July 2025

Megha 23_ia_9061_2025.docx amount decreed within a period of 6 weeks from today, execution of the impugned decree will be stayed.

4.

The Interim Application stands disposed of.

[SANDEEP V. MARNE, J.] [CHIEF JUSTICE] Signed by: Megha S. Parab Designation: PA To Honourable Judge Date: 09/07/2025 16:31:55 Page No.

2 of 8 July 2025