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2025 DAILYLAW 55598 (CAL)

KOTAK MAHINDRA BANK LIMITED v. CHHEDI SAHANI

CC/15/2024 · 2025-07-24

Ravi Krishan Kapur

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

OIPD-6 IN THE HIGH COURT AT CALCUTTA ORIGINAL SIDE Intellectual Property Rights Division CC/15/2024 WITH EC/438/2015 KOTAK MAHINDRA BANK LIMITED VS CHHEDI SAHANI Before: The Hon’ble Justice RAVI KRISHAN KAPUR Date: 24th July, 2025 Appearance: Mr. Jayanta Kumar Pain, Adv. ..for the contemnor. Ms. Shrayashee Das, Adv. Mr. Rohan Kumar Thakur, Adv. Mr. Tridibesh Dasgupta, Adv. ..for the petitioner. The Court: The judgment debtor offers to pay a sum of Rs. 3,50,000/- in installments of Rs. 5,000/- each. It is submitted on behalf of the award holder that they are agreeable to accept the above sum of Rs. 3,50,000/- in 10 installments. This proceeding has been pending for a considerable long time. In view of the peculiar facts and the failure of the award holder to ascertain any other tangible assets belonging to the award debtor, CC/15/2024 along with EC/438/2015 stands disposed of by directing the judgment debtor to pay Rs.5,000/- per month by the 1st of every month commencing from the month of August 2025. Liberty is granted to the award holder to file a fresh application in accordance with law, if the circumstances so warrant. (RAVI KRISHAN KAPUR, J.) Arsad, AR(CR)