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2024 Supreme(Online)(Bom) 364

HIGH COURT OF BOMBAY
HON'BLE SMT. JUSTICE URMILA SACHIN JOSHI- PHALKE
PRAHARSH CORPORATION PVT. LTD. FORMERLY KNOWN AS PRAHARSH INVESTMENTS PVT. LTD. MUMBAI – Appellant
Versus
INTERNATIONAL ASSET RECONSTRUCTION CO. PVT. LTD. NEW DELHI AND CORPORATE OFFICE AT MUMBAI AND ORS – Respondent


JUDGEMENT

.

Heard learned Senior Counsel Shri M.G.Bhangde for Praharsh Corporation Private Limited (applicant in Civil Revision Application No./0 and non-applicant No. in Civil Revision Application No./0); learned counsel Dr.

(Shri) Anjan De for International Asset Reconstruction .....5/- Company Private Limited and Madhav Vidarbha Estate Pvt.

Limited (non-applicant Nos. and in both Civil Revision Applications), and learned counsel Shri S.V.Purohit for Mr.

Sawan Nandkumar Bhatewara (applicant No. in Civil Revision Application No./0 and applicant in Civil Revision Application No./0).

. Rule.

.

By these Civil Revision Applications, applicants have challenged order dated ..0 passed below Exhibits-0 and by learned th Joint Civil Judge Senior Division, Nagpur in Special Civil Suit No.0/0 whereby the said applications under Order VII Rule of the Code of Civil Procedure have been rejected.

.

Relevant facts necessary for disposal of civil revision applications are as under:Non-applicant No.1 – International Asset Reconstruction Company Private Limited (hereinafter .....6/- referred to as “IARCPL”) and non-applicant No. - Madhav Vidarbha Estate Private Limited (hereinafter referred to as “MVEPL”), or

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