Allowed

Shane Andrew Duff through P/a Holder Shri Ranganath H. v. Pan India Infraprojects Pvt. Ltd. Formerly Known Essel Sports Private Limited- U92412MH2007PTC17101

Bombay HC21 Nov 2015CA/364/2015

Case brief

AI extract

What is this about?

The court allowed an application seeking direct disbursement of a deposited sum (Rs.7,13,475/-) to the petitioner. The court also permitted the withdrawal of interest accumulated on the principal amount.

What did the court decide?

Direct disbursement of Rs.7,13,475/- and interest to the applicant via wire transfer to their bank account.

Shane Andrew Duff through P/a Holder Shri Ranganath H… — Company and Corporate | Bombay HC (2015)

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904.CA-364-2015

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

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COMPANY APPLICATION NO.364 OF 2015 IN

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COMPANY PETITION NO.13 OF 2012

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Shane Duff ….Applicant/Org. Petn.

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IN THE MATTER BETWEEN :

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Shane Duff ….Petitioner

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V/s.

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Pan India Infraprojects Private Limited (Formerly Essel Sports Pvt. Ltd. ) ….Respondent

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Mr. Karan Bhosale a/w. Mr. Abhisharan Singh i/b. Fox Mandal Partner for the applicant.

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Mr. Chandansingh Shekhawat i/b. ALMT Legal for the respondent.

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CORAM : K.R.SHRIRAM,J

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DATE : 21^st November, 2015

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P.C.:-

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1 By this application, the applicant is seeking the following relief :-

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(a) Direct the Prothonotary and Senior Master of this Hon'ble Court to disburse the amount of Rs.7,13,475/- (Rupees Seven Lakhs Thirteen Thousand Four Hundred and Seventy Five) deposited by the Respondent Company viz., Pan India Infraprojects Private Limited (Formerly Essel Sports Private Limited) vide the order of this Hon'ble Court dated : 29.06.2012 in Company Petition No.13 of 2012 to the Applicant/ Petitioner directly vide wire transfer/remittance to

Gauri Gaekwad

904.CA-364-2015

the Applicant/Petitioner's Bank Account :

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Bank	St. George Bank Ltd.
BSB Number/Branch Number	112-879
Account Number	482823092
SWIFT/BIC Code	SGBLAU2S

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or any other mode/method expedient for the disbursal of the amount deposited by the Respondent directly to the applicant.

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2 The counsel appearing for the applicant states that though in the application they are seeking to disburse the amount of Rs.7,13,475/-, they should also be permitted to take away the interest accumulated on the said sum.

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3 The counsel appearing for the respondent states that he has no objection for granting of prayer – (a) and also permitting the applicants to withdraw the interest.

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4 In view thereof, this application is allowed in terms of prayer clause – (a) and accordingly disposed of.

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5 The Prothonotary and Senior Master to remit/hand over the interest amount to the applicant in the same manner as the principal amount is being paid.

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(K.R.SHRIRAM,J)

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Gauri Gaekwad

Shane Andrew Duff through P/a Holder Shri Ranganath H. v. Pan India Infraprojects Pvt. Ltd. Formerly Known Essel Sports Private Limited- U92412MH2007PTC17101

Case brief

What is this about?

What did the court decide?

Shane Andrew Duff through P/a Holder Shri Ranganath H. v. Pan India Infraprojects Pvt. Ltd. Formerly Known Essel Sports Private Limited- U92412MH2007PTC17101

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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