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2022 Supreme(Del) 1686

C. HARI SHANKAR
Goyal Mg Gases Private Limited – Appellant
Versus
Neelachal Ispat Nigam Limited (ninl) And Another – Respondent


Advocates appeared:
Abhishek Puri, Advocate, Surbhi Gupta, Advocate, Shaurya Dhoundiyal, Advocate, Dhananjaya Mishra, Advocate, Reyna Shruti, Advocate, Akhil Sachar, Advocate, Sunanda Tulsyan, Advocate, Navin Bainsla, Advocate

JUDGMENT

EX.aPPL.(OS) 607/2021

1. The precise scope of Order XXI Rule 46(1) of the Code of Civil Procedure, 1908 (CPC), the concept of 'debt' within its meaning, the extent of the onus on the judgement debtor who seeks to invoke the provision, and the position, in law, in a situation in which the garnishee disputes the debt of which the judgement-debtor seeks attachment, are seminal issues which arise for consideration in this application.

    46. attachment of debt, share and other property not in possession of judgment-debtor. -

    (1) In the case of -

    (a) a debt not secured by a negotiable instrument,

    (b) a share in the capital of a corporation,

    (c) other movable property not in the possession of the judgment-debtor, except property deposited in, or in the custody of, any Court, the attachment shall be made by a written order prohibiting,-

    (i) in the case of the debt, the creditor from recovering the debt and the debtor from making payment thereof until the further order of the Court;

    (ii) in the case of the share, the person in whose name the share may be standing from transferring the same or receiving any dividend thereon;

    (iii) in the case of the other movable property except as afores
















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