Anchor Investments Private Limited vs TCI Finance Limited

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2022 Supreme(Cal) 1330

KRISHNA RAO
Anchor Investments Private Limited – Appellant
Versus
TCI Finance Limited – Respondent

Advocates:
Advocate Appeared:
For the Plaintiff : Mr. Rajarshi Dutta, Adv., Mr. Debargha Basu, Adv., Mr. V.V.V. Sastry, Adv.
For the Defendant : Mr. Aritra Basu, Adv. Mr. Abhijit Sarkar, Adv.

JUDGMENT :

Krishna Rao, J.

1. The plaintiff has filed the instant application for final Judgment and Decree for a sum of Rs. 83,46,507/-against the defendant under the provisions of Chapter XIIIA of the Original Side Rules of this Court.

2. The plaintiff had initially filed the instant suit before the Ordinary Original Civil Jurisdiction. Subsequent to filing of the suit, the plaintiff had filed an application being GA 5 of 2021 praying for transfer of the instant suit along with the pending applications before this Court (Commercial Division) vide order dt. 19.07.2022, this Court has allowed the prayer (a) to (c) of the Master’s summons.

3. The plaintiff had also filed an application being GA 2198 of 2019 but vide order dt. 26.11.2019, the said application was withdrawn. Vide order dt. 18.08.2020, when the suit was proceeded with the Ordinary Original Civil Jurisdiction, the Court had passed an interim order directing the defendant to furnish security for the sum of Rs. 83,46,507/-to the satisfaction of Registrar High Court within a period of two weeks from the date of passing the

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2022 Supreme(Cal) 1330

KRISHNA RAOAnchor Investments Private Limited – AppellantVersusTCI Finance Limited – Respondent

Cases Referred (3)

KRISHNA RAO
Anchor Investments Private Limited – Appellant
Versus
TCI Finance Limited – Respondent