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Supreme Court - Daily Orders

South Eastern Coalfields Ltd vs Birla Corporation Ltd on 21 August, 2017

Equivalent citations: AIRONLINE 2017 SC 412

Bench: Kurian Joseph, Mohan M. Shantanagoudar

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                                                                                        NON-REPORTABLE

                                          IN THE SUPREME COURT OF INDIA
                                           CIVIL APPELLATE JURISDICTION

                                       CIVIL APPEAL NO. 10703 OF 2017
                              [@ SPECIAL LEAVE PETITION (C) NO. 579 OF 2016 ]

                         SOUTH EASTERN COALFIELDS LTD                               Appellant (s)

                                                          VERSUS

                         BIRLA CORPORATION LTD & ANR.                               Respondent(s)

                                                J U D G M E N T

KURIAN, J.

1. Leave granted.

2. The appellant approached this Court, aggrieved by the order dated 08.09.2015 passed by the High Court of Calcutta in APOT No. 417 of 2015. The order to the relevant extent reads as follows :-

“In the above circumstances, it would not be justifiable to answer the controversy either in favour of the appellant/plaintiff or in favour of the respondents/defendants. Therefore, we are of the opinion the amount taken by invoking bank guarantee, that is, Rs.91 Lacs and odd, be deposited in the name of the Registrar, Original Side in any nationalised bank in an interest earning deposit pending disposal of the suit so that whoever is ultimately successful in the civil litigation would not lose any interest out of such deposit. Ultimately the amount shall go Signature Not Verified Digitally signed by JAYANT KUMAR ARORA to the party who is successful in the Date: 2017.08.26 11:50:07 IST Reason: litigation.
With these observations, the appeal and the application are disposed of setting aside 2 the impugned order.
The respondents/defendants are permitted to file written statement within four weeks and do all other formalities in accordance with the procedure. List the suit for hearing two weeks after vacation.”

3. When the matter came up before this Court, the following order was passed on 08.01.2016 :-

“Delay condoned.
Issue notice.
In the meantime, there shall be stay of operation and implementation of the impugned Judgment.”

4. Having heard the learned counsel appearing on both sides, we are of the view that it is in the interests of both the parties that the interim order passed by this Court continues till the suit is finally disposed of. Ordered accordingly.

5. In view of the above, the appeal is disposed of.

.......................J. [ KURIAN JOSEPH ] .......................J. [ MOHAN M. SHANTANAGOUDAR ] New Delhi;

August 21, 2017.

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ITEM NO.8                  COURT NO.5                        SECTION XVI

                S U P R E M E C O U R T O F            I N D I A
                        RECORD OF PROCEEDINGS

Petition(s) for Special Leave to Appeal (C)           No(s).     579/2016

(Arising out of impugned final judgment and order dated 08-09-2015 in APOT No. 417/2015 in GA No. 2933/2015 in CS No. 61/2015 passed by the High Court Of Calcutta) SOUTH EASTERN COALFIELDS LTD Petitioner(s) VERSUS BIRLA CORPORATION LTD & ANR. Respondent(s) Date : 21-08-2017 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE KURIAN JOSEPH HON'BLE MR. JUSTICE MOHAN M. SHANTANAGOUDAR For Petitioner(s) Mr. Anupam Lal Das, AOR Mr. Anirudh Singh, Adv.

For Respondent(s) Mr. Ranjan Bachawat, Sr. Adv.

Mr. Sanjay Ginodia, Adv.

Mr. Mayank Mishra, Adv.

Mr. Sidharth Sethi, AOR UPON hearing the counsel the Court made the following O R D E R Leave granted.

The appeal is disposed of in terms of the signed non-reportable Judgment.

Pending interlocutory applications, if any, stand disposed of. (JAYANT KUMAR ARORA) (RENU DIWAN) COURT MASTER ASSISTANT REGISTRAR (Signed non-reportable Judgment is placed on the file)