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 0, Cited by 0]

Delhi High Court - Orders

M/S Associated Forex Services Ltd. And ... vs Gopal Chakraverty And Ors on 18 September, 2023

Author: Purushaindra Kumar Kaurav

Bench: Purushaindra Kumar Kaurav

                                    $~257
                                    *           IN THE HIGH COURT OF DELHI AT NEW DELHI
                                    +           W.P.(C) 12219/2023
                                                M/S ASSOCIATED FOREX SERVICES LTD. AND ORS.
                                                                                                                        ..... Petitioners
                                                                                      Through: Ms. Anita Sahani, Advocate


                                                                                      Versus

                                                GOPAL CHAKRAVERTY AND ORS.                                                 ..... Respondents
                                                                                      Through: None.

                                    CORAM:
                                    HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV
                                                                                      ORDER

% 18.09.2023 CM APPL 48006/2023 (Exemption)

1. Allowed, subject to all just exceptions.

2. The application stands disposed of.

W.P.(C) 12219/2023 & CM APPL 48005/2023

1. Heard learned counsel appearing on behalf of the petitioners.

2. This Court is of the prima facie opinion that after more than 13 years, the petitioners cannot be allowed to challenge the award dated 10.08.2010.

3. At this stage, learned counsel for the petitioner submits that the petitioner may settle the entire dispute with respondent No.1, if respondent No.1 appears before the petitioner and interact for possible amicable settlement.

This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/09/2023 at 22:53:13

4. Keeping in view the submission made by learned counsel for the petitioner, let notice be issued to respondent No.1 by all permissible modes including dasti, returnable on 1st November, 2023. Let the requisites be filed by tomorrow. The dasti notices be handed over the learned counsel for the petitioner within three working days.

5. Subject to deposition of a sum of ₹5,00,000/- by the petitioner within two weeks before the Registrar General of this Court, there shall be stay on the impugned Show Cause Notice dated 01.09.2023 (Annexure P-11).

PURUSHAINDRA KUMAR KAURAV, J SEPTEMBER 18, 2023 p'ma/rs This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/09/2023 at 22:53:13