Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 2, Cited by 1]

Delhi High Court - Orders

Canara Bank vs Mahanagar Telephone Nigam ... on 30 August, 2022

Author: Prateek Jalan

Bench: Prateek Jalan

                          $~20 & 21
                          *    IN THE HIGH COURT OF DELHI AT NEW DELHI

                          +      OMP (ENF.) (COMM.) 147/2022

                                 CANARA BANK                                  ..... Decree Holder
                                                Through: Mr.       Amish          Ram      Dabas,
                                                           Ms. Shreya S. Dabas, Advocates.
                                                       versus
                                 MAHANAGAR TELEPHONE NIGAM
                                 LIMITED(MTNL) & ANR.                  ..... Judgement Debtors
                                                Through: Mr. Balbir Singh, ASG with
                                                           Ms. Rashmi Malhotra, Mr. Amit
                                                           Meharia, Mr. Sameer Jain,
                                                           Mr. Abinash                   Agarwal,
                                                           Mr. Shalinder Saini, Mr. Suvigya
                                                           Awasthi, Ms. Jayashree Parihar,
                                                           Mr. Vivek Joshi, Mr. Rohan
                                                           Gulati, Ms. Anu Sua, Advocates
                                                           for JD-MTNL [9953676030].
                                                           Mr.    Anil       Kumar       Chandel,
                                                           Advocate for R-2.
                          +      OMP (ENF.) (COMM.) 155/2022

                                 CANBANK FINANCIAL SERICES LIMITED ..... Decree Holder
                                              Through: Mr.      Anil       Kumar    Chandel,
                                                         Advocate.
                                                     versus
                                 MAHANAGAR TELEPHONE
                                 NIGAM LIMITED & ANR.                ..... Judgement Debtors
                                              Through: Mr. Balbir Singh, ASG with
                                                         Ms. Rashmi Malhotra, Mr. Amit
                                                         Meharia, Mr. Sameer Jain,
                                                         Mr. Abinash               Agarwal,
                                                         Mr. Shalinder Saini, Mr. Suvigya
                                                         Awasthi, Ms. Jayashree Parihar,
                                                         Mr. Vivek Joshi, Mr. Rohan
                                                         Gulati, Ms. Anu Sua, Advocates
                                                         for JD-MTNL [9953676030].

Signature Not Verified
Digitally signed          OMP (ENF.) (COMM.) 147/2022 & OMP (ENF.) (COMM.) 155/2022     Page 1 of 2
By:SHITU NAGPAL
Signing Date:31.08.2022
15:19:45
                                                                      Mr.    Amish      Ram     Dabas,
                                                                     Ms. Shreya S. Dabas, Advocates.
                          CORAM:
                          HON'BLE MR. JUSTICE PRATEEK JALAN
                                            ORDER

% 30.08.2022

1. Mr. Balbir Singh, learned Additional Solicitor General, appears on behalf of the judgment debtor- Mahanagar Telephone Nigam Limited ["MTNL"], and submits that the judgment debtor is in the process of making an application seeking stay of the award under enforcement. It may be noted that the judgment debtor has already filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 being O.M.P. (COMM) 312/2022 [Mahanagar Telephone Nigam Limited vs. Canara Bank & Anr.], in which no stay application was filed. Notice in the petition was issued on 03.08.2022, and no stay application has been filed even for a period of three weeks thereafter.

2. Learned counsel for the decree holder submits that in the absence of any order of stay, the judgment debtor be directed to deposit the entire awarded amount alongwith the interest accrued thereupon.

3. Mr. Singh seeks an adjournment of one week, and undertakes that, in the event no order of stay has been passed by the Court on the petitioner's application by that date, the judgment debtor will deposit the entire awarded amount, alongwith interest accrued thereupon, within two weeks thereafter.

4. List on 07.09.2022.

PRATEEK JALAN, J AUGUST 30, 2022/'Bhupi'/ Click here to check corrigendum, if any Signature Not Verified Digitally signed OMP (ENF.) (COMM.) 147/2022 & OMP (ENF.) (COMM.) 155/2022 Page 2 of 2 By:SHITU NAGPAL Signing Date:31.08.2022 15:19:45