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Calcutta High Court

Magma Fincorp Limited vs Jmd Mega And Infrastructutes Ltd. & on 13 June, 2018

Author: Soumen Sen

Bench: Soumen Sen

                                 EC No.140 of 2018

                        IN THE HIGH COURT AT CALCUTTA
                    Ordinary Original Civil Jurisdiction
                                ORIGINAL SIDE


                                     MAGMA FINCORP LIMITED

                                            -Versus-

                                     JMD MEGA AND INFRASTRUCTUTES LTD. &
                                     ORS.
                                                                      Appearance:
                                                       Mr. Satarup Banerjee, Adv.
                                                         ...for the award-holder.

                                                            Mr. Mainak Bose, Adv.
                                                          Mr. Supratim Laha, Adv.

                                                               Ms. M. Patra, Adv.
                                          ...for Aristo Pharmaceuticals Pvt. Ltd.
       BEFORE:
       The Hon'ble JUSTICE SOUMEN SEN

Date : 13th June, 2018.

The Court : Since the award-debtor has failed to pay a sum of Rs.15 laks till this date, the receiver shall collect month by month a sum of Rs.2,07,200/- from the Aristo Pharmaceuticals Pvtg. Ltd. until further orders. The rent for the month of June, 2018 payable by Aristo Pharmaceuticals shall be paid by way of a bank draft in favour of the award-holder. All the future rent shall be paid by bank draft by 7th of each succeeding months in favour of the award-holder. The award-debtors are directed to file affidavit of assets in Form no.16A of Appendix-E of the Code of Civil Procedure within two weeks from date.

The matter stands adjourned four six weeks.

(SOUMEN SEN, J.) A/s.