IN THE HIGH COURT OF JUDICATURE AT MADRAS
Honourable Mr.Justice N.ANAND VENKATESH – Appellant
Versus
– Respondent
COMMON ORDER
Application No.1883 of 2025 has been filed by the applicant/ award holder seeking for a direction to the respondent/judgment debtor to file an affidavit stating the particulars of all the encumbrance free assets, both movable and immovable including the bank statements pertaining to the accounts in the names of the judgment debtor company and its directors and in case of disobedience, to proceed further against the Managing Director/Director of the judgment debtor by detaining in a civil prison under Order XXI Rule 41(3) of the Civil Procedure Code (CPC).
2. The main execution petition has been filed seeking to arrest and detain the directors of the judgment debtor - Mr.Sundeep Kabra and Mr.Banwari Lal Kabra in the civil prison till the satisfaction of the award amount.
3. Heard both.
4. The applicant is represented by the Interim Resolution Professional (IRP) appointed by the National Company Law Tribunal concerned under the Insolvency and Bankruptcy Code, 2016 .
5. The case of the applicant is as follows :
(i) An Arbitral Tribunal was constituted pursuant to the order dated 09.5.2016 passed by the Delhi High Court in Arbitration Petition No.343 of 2015. The claim agains
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