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2025 DAILYLAW 57168 (CAL)

SREI EQUIPMENT FINANCE LTD v. VISTA MINING PVT LTD

EC/261/2023 · 2025-01-21

Shampa Sarkar

body2025

Judgment text

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OCD-74 ORDER SHEET EC/261/2023 IN THE HIGH COURT AT CALCUTTA ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL DIVISION ORIGINAL SIDE SREI EQUIPMENT FINANCE LIMITED VS VISTA MINING PRIVATE LIMITED BEFORE: The Hon'ble JUSTICE SHAMPA SARKAR Date: 21stJanuary, 2025. Appearance: Mr. Swatarup Banejee, Adv. Mr. Sariful Haque, Adv. Mr. Rajib Mullick, Adv. Ms. Sonia Mukherjee, Adv. …for the award-holder Mr. Ayan Dutta, Adv. …Receiver The Court:Affidavit of service is taken on record. Despite service none appears on behalf of the respondent. The matter has appeared today for direction upon the learned receiver to transfer the money lying with the receiver after confirmation of sale by the Court. Learned receiver submits that the claim with interest amounting to Rs.29,32,091/-is lying in the fixed deposit with the Punjab National Bank, High Court Branch. 2 EC 261 of 2023 is disposed of by directing the learned receiver to transfer the money to the petitioner as full and final settlement of the dues against the judgment-debtor. The award-holder shall pay a remuneration of Rs. 50,000/- to the learned receiver within a fortnight from date. After the afore-mentioned exercise, the award-debtor shall stand discharged. (SHAMPA SARKAR, J.) TR/