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2025 DAILYLAW 24562 (GAU)

M/S PROTECH HOUSING AND 10 ORS v. INDUSIND BANK AND 7 ORS

I.A.(Civil)/1683/2025 · 2025-11-09

Mridul Kumar Kalita

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Judgment text

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Page No.# 1/7 GAHC010112322025 THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Case No. : I.A.(Civil)/1683/2025 M/S PROTECH HOUSING AND 10 ORS A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 2: LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 3: SHILPI ANAND SINGHAL W/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR Page No.# 2/7 ZOOR ROAD GUWAHATI-781024. 4: M/S. PROTECH GRAND A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 5: M/S. PROTECH REALITY A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 6: M/S. PROTECH PLANNERS A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE Page No.# 3/7 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 7: M/S. PRIME PROMOTERS A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 8: M/S PARADISE PROPERTIES A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL Page No.# 4/7 R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 9: M/S. PELICAN BUILDERS A PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OFTHE INDIAN PARTNERSHIP ACT 1932 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 10: M/S. LOKESH ENTERPRISES LLP A LIMITED LIABILITY PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OF THE LIMITED LIABILITY PARTNERSHIP ACT 2008 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. 11: M/S. AERO CITY PROJECT LLP. Page No.# 5/7 A LIMITED LIABILITY PARTNERSHIP FIRM REGISTERED UNDER THE PROVISION OF THE LIMITED LIABILITY PARTNERSHIP ACT 2008 HAVING ITS REGISTERED OFFICE SITUATED AT 604 PROTECH CENTRE 6TH FLOOR GANESHGURI G.S . ROAD GWAHATI IN THE DIST. KAMRUP (M) ASSAM PIN-781006 REP. BY ITS MAJORITY PARTNER SRI LOKESH ANAND SINGHAL S/O. SHRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR P/S. GEETANAGAR ZOOR ROAD GUWAHATI-781024. VERSUS INDUSIND BANK AND 7 ORS REP. BY ITS BRANCH MANAGER GANESHGURI BRANCH GROUND FLOOR PROTECT CENTRE GUWAHATI ASSAM PIN-781006 HAVING ITS GUWAHATI REGIONAL OFFICE AT 2ND FLOOR HOLDING NO. 4 G.S. ROAD BHANGAGARH ULUBARI GUWAHATI ASSAM PIN-781005 AND ITS REG. OFFICE AT 2401 THIMMAYYA RD. (CANTONMENT) PUNE MAHARASHTRA PIN-41101. 2:REGIONAL HEAD INDUS BANK GUWAHATI REGIONAL OFFICE AT 2ND FLOOR HOLDING NO. 4 G.S. ROAD BHANGAGARH Page No.# 6/7 VILL. ULUBARI GUWAHATI-781005. 3:MANOJ KR. JAIN S/O. LT. MAHABIR PRASAD JAIN R/O. GEETA MANSION MG PATH CHRISTIAN BASTI G.S. ROAD GUWAHATI ASSAM PIN-781005. 4:VIVEK ANAND SINGHAL S/O. SRI ASHOK ANAND SINGHAL R/O. 1A MONALISA PATH GEETANAGAR ZOO ROAD GUWAHATI-781024. 5:AERO CITY BUILDCON PVT. LTD. A PRIVATE LIMIDET COMPANY REGD. UNDER THE PROVISION OF THE COMPANIES ACT 1956 AND OR 2013 HAVING ITS REGISTERED OFFICE SITUATED AT PROTECH CENTRE 6TH FLOOR GANESHGURI G.S. ROAD GUWAHATI DIST. KAMRUP (M0 ASSAM PIN-781006. REP BY ITS DIRECTOR. 6:GIRIRAJ DEALCOM BUILDCON PVT. LTD. A PRIVATE LIMIDET COMPANY REGD. UNDER THE PROVISION OF THE COMPANIES ACT 1956 AND OR 2013 HAVING ITS REGISTERED OFFICE SITUATED AT PROTECH CENTRE 6TH FLOOR GANESHGURI G.S. ROAD GUWAHATI DIST. KAMRUP (M0 ASSAM PIN-781006. REP BY ITS DIRECTOR. 7:NATURAL TRADERS PVT. LTD. Page No.# 7/7 A PRIVATE LIMIDET COMPANY REGD. UNDER THE PROVISION OF THE COMPANIES ACT 1956 AND OR 2013 HAVING ITS REGISTERED OFFICE SITUATED AT PROTECH CENTRE 6TH FLOOR GANESHGURI G.S. ROAD GUWAHATI DIST. KAMRUP (M0 ASSAM PIN-781006. REP BY ITS DIRECTOR. 8:TRANSWORLD INFRASTRUCTURE PVT. LTD. A PRIVATE LIMIDET COMPANY REGD. UNDER THE PROVISION OF THE COMPANIES ACT 1956 AND OR 2013 HAVING ITS REGISTERED OFFICE SITUATED AT PROTECH CENTRE 6TH FLOOR GANESHGURI G.S. ROAD GUWAHATI DIST. KAMRUP (M0 ASSAM PIN-781006. REP BY ITS DIRECTOR. ------------ Advocate for : MS. V RAI Advocate for : A K GOGOI (R-1 2) appearing for INDUSIND BANK AND 7 ORS BEFORE HONOURABLE MR. JUSTICE MRIDUL KUMAR KALITA ORDER Date : 10.11.2025 1. Heard Mr. S. P. Roy, learned counsel for the appellants. Also heard Mr. A. K. Gogoi, learned counsel for respondent Nos. 1 and 2 as well as Mr. B. D. Deka, learned counsel for the respondent Nos. 3, 5, 6, 7 & 8. 2. In view of the dismissal of FAO No. 31 of 2025, this interlocutory application is accordingly dismissed. JUDGE Comparing Assistant