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Bombay High Court

Inditrade Business Consultants ... vs Kotak Mahindra Bank on 27 June, 2024

Author: A.S. Chandurkar

Bench: A.S. Chandurkar

                                                                                                         903-COMAO-9-2024.odt


           Digitally signed
           by KANCHAN
KANCHAN PRASHANT                             IN THE HIGH COURT OF JUDICATURE AT BOMBAY
PRASHANT DHURI
DHURI    Date:
         2024.06.27                                          CIVIL APPELLATE JURISDICTION
           17:54:30 +0530

                                                 COMMERCIAL APPEAL FROM ORDER NO. 9 OF 2024
                               Inditrade Business Consultants Limited                     ...        Appellant
                                         Versus
                               Kotak Mahindra Bank and others                             ...        Respondents
                                                                        WITH
                                                   INTERIM APPLICATION NO. 9812 OF 2024
                                                                        .........

Mr. Mayur Khandeparkar alongwith alongwith Mr. Vishal Pattabiraman, Mr. Anuj Jhaveri, Mr. Nakul Grover and Ms. Ritisha Choudhary instructed by Mr. Anuj Jhaveri for the Appellant. Mr. Nimay Dave alongwith Mr. Abhishek Gupta, Mr. Chirag Naik and Ms. Poornima Eapen instructed by MZM Legal LLP for the Respondent No.1.

.........

                                                                      CORAM :     A.S. CHANDURKAR &
                                                                                  RAJESH S. PATIL, JJ
                                                                      DATED :     27 JUNE 2024

                               P.C. :

1. The learned Counsel for the Respondent No.1 is granted time to file Affidavit-in-Reply by 4 th July 2024. In the meanwhile, issue notice to the Respondent Nos.2 and 3, returnable on 10 th July 2024. Service on Respondent Nos.2 and 3 be effected by all permissible modes.

2. We have perused the initial order dated 2nd February 2024 passed by the Trial Court directing the parties to maintain status-quo. This order continued during pendency of the Notice of Motion before the Trial Court and thereafter, that order has been extended till today.

3. In view of the aforesaid, till 10th July 2024, the initial order dated 2nd February 2024 passed by the Trial Court shall continue.

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903-COMAO-9-2024.odt

4. It is clarified that the order of status-quo would operate only for the subject matter of the present suit.

[ RAJESH S. PATIL, J. ] [ A.S. CHANDURKAR, J. ] Kanchan P Dhuri 2 / 2 ::: Uploaded on - 27/06/2024 ::: Downloaded on - 15/07/2024 01:52:04 :::