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 1, Cited by 0]

Madras High Court

M/S.Gimpex Ltd vs M/S.Kalika Cement Ltd on 4 September, 2020

Author: N.Sathish Kumar

Bench: N.Sathish Kumar

                                                                                A.No.313 of 2013 &
                                                                                 A.No.6020 of 2016

                                 IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                   DATED:      04.09.2020

                                                        C O RAM

                                 THE HON'BLE MR.JUSTICE N.SATHISH KUMAR

                                                Application No.313 of 2013
                                              and Application No.6020 of 2016

                          Application No.313 of 2013

                          M/s.Gimpex Ltd.,
                          rep. by its Authorised Signatory
                          Mr. Uma Shankar                                         ... Applicant

                                                              Vs

                          1. M/s.Kalika Cement Ltd.,
                             rep. by its Managing Director,
                             Mr. Manoj Goel

                          2. State Bank of India,
                             A/c. No.3149n4829 375
                            Nethaji Subash Road, Kolkata,
                             West Bengal-700 001.

                          3. Karur Vysya Bank Ltd.,
                             A/c. No.3101 2230 0000 0424,
                             Burra Bazaar,
                             Kolkata – 700 007.




                          1/10
http://www.judis.nic.in
                                                                 A.No.313 of 2013 &
                                                                  A.No.6020 of 2016


                          4. Gujarat Ambuja Cement
                             Elegant Business Part,
                             MIDC Cross Road 'B',
                             Off Andheri Kurla Road,
                             Anderi (E) Mumbai-400 059.

                          5. Prism Cement
                             “Rahejas”, Main Avenue,
                             Vallabhai Patel Road,
                             Santacruz (W), Mumbai-400 054.

                          6. Rashmi Cement (16650.860 MT)
                             No.13B, Orbit Garstin Place,
                             Kolkata GPO, Kolkata – 700 001.

                          7. Burnpur Cement (9965.760 MT)
                             “Gujarat Mansion”,
                             No.14, Bentick St., 2nd Floor,
                             Suit No.7, Kolkata-700 001.

                          8. Riju Cement (7698.4 MT)
                             Surpi More, Ukhra,
                             Post-durgapur,
                             Dist-burdwan 713 201,
                             Durgapur, West Bengal.

                          9. Shrishti Cement (5969.670 MT)
                             No.6, Braboune Road,
                             Vaishno Chamber, Room-303,
                             3rd Floor, Kolkata-700 001.

                          10. Millennieum Cement (4030 530 MT)
                              Chruch RD, Siliguri-734401.



                          2/10
http://www.judis.nic.in
                                                                                 A.No.313 of 2013 &
                                                                                  A.No.6020 of 2016


                          11. Bansal Cement (2828.730 MT)
                              No.33-A, Chatterjee International
                                Centre, No.6, Jawaharlal Nehru Road,
                              (near Maidan Metro),
                              Midleton Row, Kolkata-700 071.

                          12. Pragati Cement (India) Private Limited
                               (2333.71 MT)
                              Development House, 3rd Floor,
                              24, Park Street, Kolkata-700 016.

                          13. Stylish Cement (2217.98 MT)
                              10, Clive Row, 2nd Floor,
                              Kolkata-700 001.

                          14. Darjeeling Cement (2056.5 MT)
                              J P House, Nehru Road,
                             Silguri Bazar, Silguri-734 005.

                          15. Satwik Cement (1375.33 MT),
                              7A, Bentinck St.,
                              Kolkata GPO,
                              Kolkata-700 001.                                     ... Respondents

                          PRAYER : Application filed under Order XIV Rule 8 of Original Side
                          Rules r/w Section 9(ii)(d) of the Arbitration and Conciliation Act, 1996
                          praying to     pass a prohibitory order against a Garnishees 2 to 15,
                          restraining and prohibiting them from paying any amount to the tune of
                          Rs.30,00,000/- (Rupee thirty lakhs only) to the 1st respondent and direct
                          the said Garnishees to deposit the said amount to the credit of this
                          application.

                          3/10
http://www.judis.nic.in
                                                                A.No.313 of 2013 &
                                                                 A.No.6020 of 2016



                          Application No.6020 of 2016

                          M/s. Aanchal Cement Limited,
                          formerly known as
                          M/s. Kalika Cement Ltd.,
                          rep. by its Managing Director
                            Mr. Manoj Goel,
                          No.23-A, N.S. Road, Suit 5,
                          7th Floor, Kolkatta-700 001.            .. Applicant

                                                    Vs.

                          1. M/s.Gimpex Ltd.,
                             rep. by its Authorised Signatory
                             Mr. Uma Shankar
                             No.282, Linghi Chetty Street,
                             Chennai-600 001.


                          2. State Bank of India,
                             A/c. No.3149n4829 375
                            Nethaji Subash Road, Kolkata,
                             West Bengal-700 001.

                          3. Karur Vysya Bank Ltd.,
                             A/c. No.3101 2230 0000 0424,
                             Burra Bazaar,
                             Kolkata – 700 007.

                          4. Gujarat Ambuja Cement
                             Elegant Business Part,
                             MIDC Cross Road 'B',
                             Off Andheri Kurla Road,

                          4/10
http://www.judis.nic.in
                                                                       A.No.313 of 2013 &
                                                                        A.No.6020 of 2016

                             Anderi (E) Mumbai-400 059.

                          5. Prism Cement
                             “Rahejas”, Main Avenue,
                             Vallabhai Patel Road,
                             Santacruz (W), Mumbai-400 054.

                          6. Rashmi Cement (16650.860 MT)
                             No.13B, Orbit Garstin Place,
                             Kolkata GPO, Kolkata – 700 001.

                          7. Burnpur Cement (9965.760 MT)
                             “Gujarat Mansion”,
                             No.14, Bentick St., 2nd Floor,
                             Suit No.7, Kolkata-700 001.

                          8. Riju Cement (7698.4 MT)
                             Surpi More, Ukhra,
                             Post-durgapur,
                             Dist-burdwan 713 201,
                             Durgapur, West Bengal.

                          9. Shrishti Cement (5969.670 MT)
                             No.6, Braboune Road,
                             Vaishno Chamber, Room-303,
                             3rd Floor, Kolkata-700 001.

                          10. Millennieum Cement (4030 530 MT)
                              Chruch RD, Siliguri-734401.

                          11. Bansal Cement (2828.730 MT)
                              No.33-A, Chatterjee International
                                Centre, No.6, Jawaharlal Nehru Road,
                              (near Maidan Metro),
                              Midleton Row, Kolkata-700 071.

                          5/10
http://www.judis.nic.in
                                                                                A.No.313 of 2013 &
                                                                                 A.No.6020 of 2016




                          12. Pragati Cement (India) Private Limited
                               (2333.71 MT)
                              Development House, 3rd Floor,
                              24, Park Street, Kolkata-700 016.

                          13. Stylish Cement (2217.98 MT)
                              10, Clive Row, 2nd Floor,
                              Kolkata-700 001.

                          14. Darjeeling Cement (2056.5 MT)
                              J P House, Nehru Road,
                             Silguri Bazar, Silguri-734 005.

                          15. Satwik Cement (1375.33 MT),
                              7A, Bentinck St.,
                              Kolkata GPO,
                              Kolkata-700 001.                                    ... Respondents

                          PRAYER : Application filed under Order XIV Rule 8 of Original Side
                          Rules r/w Section 9(ii)(d) of the Arbitration and Conciliation Act, 1996
                          praying to vacate the interim order dated 24.01.2013 granted in
                          Application No.313 of 2013.
                                      For Applicant
                                      in A. No.313 of 2013     : Mr.Abdul Hameed

                                      For Respondents
                                      in A. No.313 of 2013 : Mr.K. Ravi
                                                             for M/s.Rugan & Arya for R1


                          6/10
http://www.judis.nic.in
                                                                                A.No.313 of 2013 &
                                                                                 A.No.6020 of 2016

                                                               Mr.A.V.Radhakrishnan for R3



                                      For Applicant
                                      in A. No.6020 of 2016    : Mr.K.Ravi,
                                                                 for M/s. Rugan and Arya

                                      For Respondents
                                      in A. No.6020 of 2016 : Mr.Abdul Hameed
                                                              for M/s.Anand Abdul
                                                                   & Vinodh for R1

                                                               Mr.A.V.Radhakrishnan for R3

                                                               Ms. Deepika Devi
                                                               for M/s.S.Vasudevan for R4



                                                        ORDER

The interim order has been already passed by this Court prohibiting the garnishee from making any payment to the 1st respondent.

However, the learned counsel appearing for respondents 8, 10 and 12 was present. The learned counsel appearing for 1st respondent submitted that they have paid the entire amount and no amount is due. His submission is recorded.

7/10

http://www.judis.nic.in A.No.313 of 2013 & A.No.6020 of 2016

2. In such view of the matter, no further order is required in this application. It is well open for the applicant to withdraw the amount within a period of three weeks from the date of receipt of the copy of this order. Till such time, the interim order already passed shall continue, thereafter, the same shall stand vacated.

3. With the above observations, this application is closed.

04.09.2020 rpp 8/10 http://www.judis.nic.in A.No.313 of 2013 & A.No.6020 of 2016 N.SATHISH KUMAR,J rpp Application No.313 of 2013 and Application No.6020 of 2016 9/10 http://www.judis.nic.in A.No.313 of 2013 & A.No.6020 of 2016 04.09.2020 10/10 http://www.judis.nic.in