2025:BHC-AS:50752 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO. 12428 OF 2025 IN FIRST APPEAL NO. 513 OF 2022 J.M. Financial Limited ...Applicant In the matter between:

...Appellants Mr. Abbas Abdulali Patel and Ors.

Versus SNEHA J.M. Financial Limited ...Respondent NITIN CHAVAN ***

Digitally signed Ms. Siddhima Kotak a/w Mr. Arpit Kusum Ashok for the Applicant and by SNEHA NITIN CHAVAN Date: original Respondent.

2025.11.24

20:56:10 +0530 Mr. Joel Carlos a/w Dhaval Patil with Arshaan Lentin i/b M/s. K. Ashar & Co. for Respondent in IA and Original Appellants in FA.

***

CORAM : M.M. SATHAYE, J.

DATE : 21^st NOVEMBER, 2025 P.C. :

1. This is an application filed by Respondent/Defendant in the appeal, seeking following prayer :

“a) Direct the Appellants to pay interest @ 24% p.a. (or such rate as this Hon’ble Court deems fit and reasonable) on the sum of Rs.1,28,51,512/- from 16^th September 1997 till the date of actual payment / realization (Kindly note that this amount of the Security Deposit is in accordance with the refund of Security Deposit amount awarded by the Hon’ble City Civil Court vide its order dated 23^rd February 2017)”

2. Few facts nec