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2014 Supreme(Guj) 941

C.L SONI
Girish Bhagwatprasad HUF – Appellant
Versus
Industrial Development Bank of India Ltd. (IDBI Ltd. ) – Respondent


Advocate Appeared:
For the Appellant :Ashok L. Patel, Pavan, S. Godiawala and Sangeeta, N. Pahwa, Advocates.
For the Respondent:S.N. Soparkar, Sr. Advocate, A.S. Vakil, B.H. Bhagat, Amee Yajnik, Advocate.

JUDGMENT :

C.L Soni, J.

This application is preferred with following prayers in para 26:-

    (A) Your Lordships may be pleased to review/recall the oral order dated 25.8.2008 made by this Hon'ble Court in Company Application No. 414 of 2007 and be pleased to pass appropriate orders, in the interest of justice and equity;

(B) Your Lordships may be pleased to declare the Deed of Assignment dated 25.8.2007 as void in so far as it provides for transfer of shares of applicants to Respondent No. 2, in the interest of justice;

(C) Your Lordships may be pleased to declare the transfer of the shares of Applicants as void ab initio;

(D) Your Lordships may be pleased to direct the Respondent No. 2 and/or respondent No. 3 to re-transfer the shares in favour of Applicants with all rights attached thereto;

(E) Your Lordships may be pleased to direct the respondent no. 3 to give effect to the transfer of the shares that may be executed by Respondent No. 2 and/or respondent No. 3 in favour of Applicants as stated above;

(F) Your Lordships may be pleased to award the cost of this application;

(G) Your Lordships may be pleased to condone the delay of 1484 days;

(H) Your Lordships may be pleased to grant such oth

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