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2004 Supreme(Cal) 749

SUBHRO KAMAL MUKHERJEE
ICICI BANK LIMITED – Appellant
Versus
COVENTRY COIL-O-MATIC (HARYANA) LIMITED. – Respondent


SUBHRO KAMAL MUKHERJEE, J.


( 1 ) THE plaintiff institutes this suit, inter alia, for declaration that the promoters shares as undertaken to be pledged with the plaintiff are charged in favour of the plaintiff for declaration that any pledge and/or charge of shares of the promoters of the defendant No. 1 is void, perpetual injunction restraining the defendants from dealing with, encumbering or creating any third party interest or from creating any charge in respect of the promoters shares of the defendant No. 1 or any assets or securities as mentioned in the loan documents or owned by the defendants as, also, various units of the defendants, mandatory direction upon the defendants to deposit the sale proceeds of their properties, for mandatory direction upon the defendant to pledge shares in favour of the plaintiff as was undertaken by the defendants, for specific performance of pledge convenants, promises, assurances given by the defendants to the plaintiff.

( 2 ) THE said suit was filed, inter alia, with the following allegations:- (A) The plaintiff at the instance of the defendants provided various loans to the defendant No. 1 in accordance with the documents executed and/or sec















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