Extracted from the PDF above. The PDF is authoritative.
OCD 4
ORDER SHEET IA NO. GA-COM/1/2025 In AP-COM/657/2024 IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE
UNION OF INDIA AND ORS Vs RAHUL KUMAR THAKUR
BEFORE:
The Hon'ble JUSTICE SHAMPA SARKAR Date: 9th July, 2025.
Appearance: Ms. Amrita Pandey, Adv. . . .for the Union of India.
Mr. Debrup Bhattacharya, Adv. Mr. Amit Chowdhury, Adv. . . .for the respondent/award-holder.
The Court: This is an application for modification of the judgment dated March 5, 2025. The said order was passed directing the applicants/award debtors to deposit an amount of Rs.49,16,42,425/- for stay of enforcement of the award. The applicants sought to challenge this order before the Hon’ble Apex Court, but was advised not to do so by the learned Additional Solicitor General. Such averments are available at paragraphs 3 and 4 of this application. Under such circumstances, this application has been filed for extension of time, to enable the award-debtors to deposit the amount by way of demand draft. Such prayer is allowed. The demand draft for an amount of Rs.49,16,42,425/- shall be deposited before the learned Registrar, Original Side, High Court at Calcutta.
2 The learned Registrar shall encash the amount and deposit the same in an auto renewable interest bearing fixed deposit with any nationalized bank. Such deposit shall be made by the petitioner within a week from date. In case of default, the execution case shall proceed. The application is accordingly, disposed of.
(SHAMPA SARKAR, J.)
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