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2021 Supreme(Del) 10

MUKTA GUPTA
Altico Capital India Limited – Appellant
Versus
Sare Gurugram Private Limited – Respondent


Advocate Appeared:
For the Appellant :Gopal Jain, Sr. Advocate, Amit K. Mishra, Akshat Hansaria, Manasi Chatpalliwar, Etisha Srivastava, Tushar Bhatnagar, Astha Ahuja, Advocates.
For the Respondent:Rajshekhar Rao, Pooja Mehra Saigal, Amit Singh Chauhan, Gauri Puri, Anandh Venkataramani, Hemant Chauhan, Krishanu Barua, Sahil Monga, Ashim Sood, Prabhav Shroff, Apoorva Gupta, Rhythm Buariah, Vijay Nair, Manoranjan Sharma, Advocates.

JUDGMENT :

I.A. 17846/2018 (under Order XXXIX Rule 1 and 2 CPC)

I.A. 199/2019 (under Order XXXIX Rule 4 CPC-by defendant No.4)

I.A. 10/2020 (under Order VII Rule 11 CPC-by defendant No.4)

1. This suit has been filed by Altico Capital India Ltd. (in short ‘Altico’) impleading 14 defendants, that is, SARE Gurugram Pvt. Ltd. (in short ‘SARE Gurugram’); Ramprastha SARE Landholding Company Two Pvt. Ltd. (in short ‘SARE Ramprastha Two’), Ramprastha SARE Landholding Company Five Pvt. Ltd. (in short ‘SARE Ramprastha Five’); SARE Public Company Ltd. (Cyprus) (in short ‘SARE Cyprus’); Avon Infracon Pvt. Ltd. (in short ‘Avon’); Brilliant SARE Realty Pvt. Ltd. (in short ‘SARE Brilliant’); Impact SARE Magnum Townships Pvt. Ltd. (in short ‘SARE Impact’); SARE Realty Projects Pvt. Ltd. (in short ‘SARE Realty’); SARE (Cyprus) SPV (No.4) Ltd. (in short ‘SARE Cyprus SPV-4’); SARE (Cyprus) SPV (No.11) (in short ‘SARE Cyprus SPV-11’); SARE Cyprus Ltd. (in short ‘SARE Cyprus Ltd.’); SARE Realty Singapore Lte Ltd. (in short ‘SARE Singapore’) (all group companies of SARE Group); Axis Trustee Services Ltd. (in short ‘Axis Trustee’) and Vistra ITCL (India) Limited (in short ‘Vistra’) as defendant Nos. 1 to 14

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