SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2024 Supreme(Cal) 994

BISWAJIT BASU
Pegasus Assets Reconstruction Private Limited – Appellant
Versus
Debjyoti Bhattacharjee – Respondent


Advocates Appeared:
For the Petitioner: Mr. Jishnu Saha, Sr. Adv., Mr. Rohit Das, Ms. Chitra Rentala, Ms. Richa Bharti, Ms. Kishwar Rahman, Ms. Sristi Roy, Ms. Rishav Mazumdar.
For the Opposite Parties : Mr. Sakya Sen, Mr. Sudipta Kumar Bose, Mr. Falguni Bandyopadhyay, Ms. Sohini Bhattacharyya, Ms. Lipika Nath, Mr. Aniruddha Bandyopadhyay.

JUDGMENT :

(Biswajit Basu, J.) :

1. The instant application under Article 227 of the Constitution of India is directed against the Order No. 26 dated June 11, 2024 passed by the learned Judge, Commercial Court at Alipore, District: 24 Parganas (South) in Money Suit No. 04 of 2023.

2. The defendant no. 1, the petitioner herein by an application under Order VII Rule 11 of the Code of Civil Procedure threw a challenge to the maintainability of the said suit and prayed rejection of its plaint on the grounds that the dispute sought to be raised in the suit is not a ‘commercial dispute’ within the meaning of Section 2(1)(c) of the Commercial Courts Act, 2015 (hereinafter referred to as the ‘the said Act of 2015’ in short ) and that the cause of action of the suit is barred by limitation; the learned Trial Judge by the order impugned has dismissed the said application.

3. Mr. Jishnu Saha, learned senior advocate for the petitioner submits that the cause of action to file the suit is based on the allegation that a third party, to secure loan from the bank, had practiced fraud upon the predecessor-in-interest of the plaintiffs in putting his property as a collateral security to the said loa

      Click Here to Read the rest of this document
      1
      2
      3
      4
      5
      6
      7
      8
      9
      10
      11
      SupremeToday Portrait Ad
      supreme today icon
      logo-black

      An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

      Please visit our Training & Support
      Center or Contact Us for assistance

      qr

      Scan Me!

      India’s Legal research and Law Firm App, Download now!

      For Daily Legal Updates, Join us on :

      whatsapp-icon telegram-icon
      whatsapp-icon Back to top