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2019 Supreme(SC) 490

R.BANUMATHI, R.SUBHASH REDDY
Hari Steel and General Industries Ltd. – Appellant
Versus
Daljit Singh – Respondent


Advocates Appeared:
For Petitioner(s): Dr. (Mrs.) Vipin Gupta, AOR
For Respondent(s): Ms. Kaveeta Wadia, AOR Mr. Ashish Dholakia, Adv. Mr. P. S. Sudheer, AOR Mr. Rohan Chawla,Adv. Mr. Rishi Maheshwari,Adv. Ms. Anne Mathew, Adv. Mr. Bharat Sood, Adv. Ms. Shruti Jose, Adv.

JUDGMENT :

R. SUBHASH REDDY, J.

1. Leave granted.

2. This Civil Appeal is filed by the defendant Nos. 1 and 2 in the Suit in CS (OS) No. 2046 of 2006, aggrieved by the judgment dated 2nd August, 2018, in FAO (OS) No. 268 of 2017, passed by the High Court of Delhi at New Delhi. By the aforesaid judgment, the Division Bench of the High Court, by setting aside the judgment dated 24.7.2017 passed in IA No. 1557 of 2007 in CS (OS) No. 2046 of 2006, has allowed the interlocutory application and consequential prayers of the respondents-plaintiffs and decreed the suit with the following directions:-

“(i) The order dated 24th July, 2017 passed by the ld. Single Judge on I.A. No. 1557/2007 in CS (OS) No. 2046/2006 is hereby set aside and quashed.

(ii) I.A. No. 1557/2007 is hereby allowed and consequently the prayers of the plaintiffs in the suit, as prayed for, are decreed.

(iii) The Registry shall draw up a decree sheet accordingly.

(iv) The appellants shall pay the balance amount of Rs. 50.50 Crores to the defendant no. 1 within a period of three months and 15 days from today.

(v) Upon receipt of the amount, the respondents shall forthwith execute the sale deed in favour of the appellants as well













































































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