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Calcutta High Court

Padma Logistics And Khanji Pvt. Ltd vs Ideal Unique Realtors Pvt. Ltd on 4 January, 2022

Author: Ravi Krishan Kapur

Bench: Ravi Krishan Kapur

ODC - 4
                                     ORDER SHEET

                                    IA No.GA/1/2021
                                           In
                                      CS/221/2021

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


                    PADMA LOGISTICS AND KHANJI PVT. LTD.
                                   -VS-
                      IDEAL UNIQUE REALTORS PVT. LTD.


  BEFORE:
  The Hon'ble JUSTICE RAVI KRISHAN KAPUR

Date : January 4, 2022. [Via video conference] Appearance:

Mr. Anuj Singh, Adv.
                                                            Mr. Tilak Kumar Bose, Sr.    Adv.
                                                                   Mr. Paritosh Sinha,   Adv.
                                                                   Mr. Shaunak Mitra,    Adv.
                                                            Mr. Saubhik Chowdhury,       Adv.
                                                                Mr. Dripto Majumdar,     Adv.
                                                                    Mr. Debottam Das,    Adv.




The Court : A shocking fact has been revealed by the Advocate on behalf of the plaintiff. It is submitted by the plaintiff that the particulars of the flats which had been furnished by the defendant before this Court on 22nd December, 2021 as an alternate security are non-existing. In any event, a substantial portion of the subject complex has been mortgaged with Yes Bank Limited under a Mortgage Deed dated 10th May, 2019. 2
The defendant is not in a position to controvert the aforesaid facts. Liberty is granted to the plaintiff to initiate appropriate proceedings in accordance with law against the defendant company and/or then responsible officers, if so advised, on the basis of an undated letter written by the defendant furnished before this Court on 22nd December, 2021.
In so far as GA No.1 of 2021 in CS No.221 of 2021 is concerned, hearing of the application stands concluded.
C.A.V. (RAVI KRISHAN KAPUR, J.) RS