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Gujarat High Court

Religare Finvest Limited vs Shukan Corporation Private Limited & 8 on 24 September, 2015

Author: R.D.Kothari

Bench: R.D.Kothari

         C/AO/341/2014                                              ORDER




         IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                APPEAL FROM ORDER NO. 341 of 2014


                                  With
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                  CIVIL APPLICATION NO. 9034 of 2014
                                    In
                 APPEAL FROM ORDER NO. 341 of 2014
                                  With
                 CIVIL APPLICATION NO. 10213 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11577 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11578 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11579 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11580 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11581 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11582 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014


                                Page 1 of 7

HC-NIC                       Page 1 of 7      Created On Fri Sep 25 03:05:24 IST 2015
          C/AO/341/2014                                              ORDER



                                  With
                 CIVIL APPLICATION NO. 11583 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11585 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11586 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11677 of 2014
                                    In
                  CIVIL APPLICATION NO. 9034 of 2014
                                  With
                 CIVIL APPLICATION NO. 11107 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11087 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11093 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11532 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11537 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11550 of 2014


                                Page 2 of 7

HC-NIC                       Page 2 of 7      Created On Fri Sep 25 03:05:24 IST 2015
          C/AO/341/2014                                             ORDER



                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 11551 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 11552 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 11553 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 11792 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 12293 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 12298 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 12635 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 13273 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014
                                 With
                 CIVIL APPLICATION NO. 13821 of 2014
                                   In
                 APPEAL FROM ORDER NO. 380 of 2014


                               Page 3 of 7

HC-NIC                      Page 3 of 7      Created On Fri Sep 25 03:05:24 IST 2015
          C/AO/341/2014                                              ORDER



                                  With
                 CIVIL APPLICATION NO. 13822 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 13823 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 13824 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 13825 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 13826 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 14129 of 2014
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                   CIVIL APPLICATION NO. 172 of 2015
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014
                                  With
                 CIVIL APPLICATION NO. 11109 of 2014
                                    In
                 CIVIL APPLICATION NO. 11087 of 2014
                                  With
                 CIVIL APPLICATION NO. 11567 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11568 of 2014


                                Page 4 of 7

HC-NIC                       Page 4 of 7      Created On Fri Sep 25 03:05:24 IST 2015
          C/AO/341/2014                                              ORDER



                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11569 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11570 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11571 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11572 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11573 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11574 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11576 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                 CIVIL APPLICATION NO. 11676 of 2014
                                    In
                 CIVIL APPLICATION NO. 10213 of 2014
                                  With
                   CIVIL APPLICATION NO. 901 of 2015
                                    In
                 APPEAL FROM ORDER NO. 380 of 2014


                                Page 5 of 7

HC-NIC                       Page 5 of 7      Created On Fri Sep 25 03:05:24 IST 2015
                      C/AO/341/2014                                                 ORDER



         ==========================================================
                      RELIGARE FINVEST LIMITED....Appellant(s)
                                    Versus
              SHUKAN CORPORATION PRIVATE LIMITED & 8....Respondent(s)
         ==========================================================
         Appearance:
         SINGHI & CO, ADVOCATE for the Appellant(s) No. 1
         MR GM JOSHI, ADVOCATE for the Respondent(s) No. 5
         MR VIMAL A PUROHIT, ADVOCATE for the Respondent(s) No. 6 - 9
         NOTICE SERVED for the Respondent(s) No. 1 - 3
         NOTICE SERVED BY DS for the Respondent(s) No. 4
         SERVED BY AFFIX(N) for the Respondent(s) No. 4
         ==========================================================

                   CORAM: HONOURABLE MR.JUSTICE R.D.KOTHARI

                                         Date : 24/09/2015


                                           ORAL ORDER

1. Attention of the Court was drawn to the order passed by this  Court   on   24.09.2014   and   later   on   order   dated   07.10.2014.  Attention was drawn to the relevant part of the order, which reads  as follows : ­ "The Receiver is further directed to properly comply with   the   order   dated   24/9/2014   so   as   to   protect   the  possession of the suit property from third parties and   trespassers,   if   any.     For   the   purpose,   Receiver   may  appoint or engage appropriate security agency."

2. Upon considering the submission of learned advocates for the  parties,   it   appears   that   it   will   be   just   and   proper   that   proper  security agency be appointed to protect the property.   Receiver is  hereby   directed   to   take   appropriate   steps   for   appointing   or  engaging security agency, so that, there may not be disturbance by  Page 6 of 7 HC-NIC Page 6 of 7 Created On Fri Sep 25 03:05:24 IST 2015 C/AO/341/2014 ORDER third party or trespassers.  It is further expected that this formality  for appointing agency to be carried out expeditiously.

3. Matters are adjourned to 05.10.2015.

4. Before the above order signed and at the time of rising i.e. at  5:00 pm, learned Senior Advocate Mr. Shalin Mehta, mentions that  they have purchased some of the properties by registered sale deed  and they are in possession of the property.  He also submitted that  Court  Commissioner   has  found that  the  purchaser  -  respondents  Nos.6   to   9,   to   whom   learned   Senior   Advocate   represents   are   in  possession   of   the   property.     Learned   Senior   Advocate   prays   to  adjourn the matters on 28.09.2015.  

6. Accordingly,   at   his   request,   instead   of   05.10.2015,   the  matters are kept on 28.09.2015.  

(R.D.KOTHARI, J.)  Amar Page 7 of 7 HC-NIC Page 7 of 7 Created On Fri Sep 25 03:05:24 IST 2015