Calcutta High Court
Known As Chokhani Securities Ltd.) vs Redwood Infra Projects Pvt Ltd. And Ors on 18 July, 2022
Author: Shekhar B. Saraf
Bench: Shekhar B. Saraf
ODC 1
ORDER SHEET
AP/298/2022
IA NO: GA/1/2022
IN THE HIGH COURT AT CALCUTTA
ORDINARY ORIGINAL CIVIL JURISDICTION
COMMERCIAL DIVISION
M/S UGRO CAPITAL LIMITED (FORMERLY
KNOWN AS CHOKHANI SECURITIES LTD.)
VS
REDWOOD INFRA PROJECTS PVT LTD. AND ORS
BEFORE:
The Hon'ble JUSTICE SHEKHAR B. SARAF
Date: 18th July, 2022.
Appearance:
Ms. Shrayshee Das. Adv.
Mr. Jishnujit Roy, Adv.
Mr. Sankar Nath Mukherjee, Adv.
Mr. Niraj Gupta, Adv.
Mr. Srikantha Mitra, Adv.
RE: AP/298/2022.
The Court: Heard counsel appearing on behalf of the parties.
After hearing of the parties I am of the view that as on date there are
certain instalments that are due and payable. The respondent has categorically
stated in Court that he is not willing to make payment of these instalments. Accordingly, I prima facie find that certain protection is required to be granted to the petitioner.
Accordingly, let there be order in terms of prayer (a) of the Notice of Motion. 2 RE: GA/1/2022.
This is an application for dismissal of the Section 9 application on the ground that the same is not maintainable. Let affidavits be exchanged in this matter. Let affidavit in opposition be filed within four weeks from date; reply thereto, if any, be filed within one week thereafter.
Parties are at liberty to mention.
(SHEKHAR B. SARAF, J.) sp/