V.KAMESWAR RAO
CITICORP INTERNATIONAL LTD. – Appellant
Versus
SHIV-VANI OIL & GAS EXPLORATION – Respondent
V. KAMESWAR RAO, J.
1. By this order, I shall decide EA (OS) Nos. 700/2014, 526/2015, 864/2015, 195/2016, 142/2016 and 250/2016.
2. EA (OS) 700/2014 is filed by the judgment debtor namely Shiv-Vani Oil and Gas Exploration Services Ltd. EA (OS) 526/2015 is filed by the ICICI Bank U.K. PLC; EA (OS) 864/2015 is filed by the Standard Chartered Bank acting in its capacity as a security trustee for and on behalf of 8 banks/financial institutions and EA (OS) Nos. 195/2016, 142/2016 and 250/2016 are filed by IL&FS Trust Company Ltd. the receiver.
EA (OS) No. 700/2014
3. This is an application filed by the judgment debtor for modification of order dated 28th July, 2014 to the extent of excluding the rigs owned by subsidiaries. It is averred in the application and contended by Mr. Pawan Sharma, learned counsel appearing on behalf of the judgment debtor that the order dated 28th July, 2014 inter-alia restraining the judgment debtor from selling the rigs owned by the subsidiaries of the judgment debtor could not have been passed in these execution proceedings against the judgment debtor.
4.
United Bank of India vs. Naresh Kumar and Ors. 1996 (6) SCC 660
Infrastructure Healing and Financial Services Ltd vs. BPL Ltd. 2015 (3) SCC 363
SMS Tea Estates Pvt. Ltd vs. Chandmari Tea Company Pvt. Ltd. 2011 (14) SCC 66
M.V. Al Quamar vs. Tsavliris Salvage (International) Ltd. & Ors. 2000 (8) SCC 278
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.