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2024 Supreme(Del) 766

C. HARI SHANKAR
Viterra B. V. (Formerly Known As Glencore Agriculture B. V. ) – Appellant
Versus
Sharp Corp Limited – Respondent


Advocates Appeared:
For the Decree Holder :Mr. Darpan Wadhwa, Sr. Advocate with Ms. Raunaq B. Mathur and Mr. Keshav Somani, Advs.
For the SBI : Mr. Siddharth Sangali, Ms. Harshita Agrawal, Advs. and Mr. Mukesh Kumar, Manager.
For the Respondents:Mr. Vikram Nankani, Sr. Advocate with Mr. Arvind Kumar and Ms. Heena George, Advs. Mr. Karan Bharihoke, Adv., Mr. Sarthak Sachdev, Adv.,

JUDGMENT :

(C. Hari Shankar, J.)

CCP(O) 41/2023 in OMP (EFA) (Comm) 1/2022

CCP(O) 42/2023 in OMP (EFA) (Comm) 2/2022

1. The petitioner, by this petition, alleges contumacious and wilful disobedience, by the respondents, of the following order passed by a learned Single Judge of this Court on 3 June 2022 in OMP (EFA) (COMM) 1/2022,["the OMP" hereinafter]:

    “1. I have heard Mr. Darpan Wadhwa and Mr. Jayant Mehta, learned Senior Counsel for the parties for some time.

2. Mr. Mehta state, the award of which execution is sought, is against the judgment debtor/respondent company. The liability cannot be fastened upon the Directors of the judgment debtor/respondent company.

3. He on instructions from Mr. Sanjay Singhal, Director of JD/respondent Company state, without prejudice to the rights and contentions of the judgment debtor/respondent company and also its Directors, he shall ensure the property being House No.83, Sunder Nagar, New Delhi is not alienated nor any third party rights are created, in respect to that property. The statement is taken on record.

4. It is made clear, the submission made by Mr. Mehta that the liability of the JD/respondent cannot be fastened on the Directors as n

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