Sucden India Pvt. Ltd. v. Cane Agro Energy (India) Ltd.
Case brief
What is this about?
The High Court, noting the respondent's gross breach of previous orders regarding security and disclosure, refused a hearing and appointed a commissioner to inventory sugar stocks held by the respondent under threat of presumption of availability.
What did the court decide?
Appointment of First Chamber Registrar as Commissioner to inventory respondent's sugar stocks; issuance of notice requiring compliance regarding hypothecation.
What the court decided
34.NMCD-1506-2019.doc
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION
COMMERCIAL NOTICE OF MOTION NO.1506 OF 2019 IN
COMMERCIAL ARBITRATION PETITION NO.735 OF 2019
Sucden India Private Limited ….Applicant/Petitioner
Vs.
Cane Agro Energy (India) Limited ….Respondent
Mr. Venkatesh Dhond, Senior Advocate a/w. Mr. Prasad Shenoy and Ms. Anusha Peri I/b. AZB and Partners for applicant/petitioner. Mr. Rajshekhar Govilkar I/b. Mr. Padmanabh D. Pise for respondent.
CORAM : K.R.SHRIRAM, J. DATE : 15th JULY 2019
P.C.:
1 Prayer clause – (a) as prayed for in the notice of motion reads
Issues for consideration
2 issues framed by the court
Whether to appoint a commissioner to take inventory of sugar stock held by the respondent given their failure to comply with previous court orders to provide security.
Whether to grant respondents an opportunity of hearing after finding them in gross breach of this Court's orders.
Parties & counsel
- applicant
Sucden India Private Limited
- respondent
Cane Agro Energy (India) Limited
Coram
K.R.SHIRAM
Case details
As recorded by the court registry
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