Aditya Birla Finance Limited v. Sanchaiti Hospital Pvt. Ltd.
Case brief
What is this about?
Bombay High Court arbitration petition (with Contempt Petition (L) No.31690 of 2023); ad-interim attachment of bank accounts granted March 27, 2023 (prayer-clause (f)); respondents' persistent non-compliance — no asset-disclosure affidavit, affidavit-in-reply of Respondent No.3 not filed despite liberty till February 23, 2024, refusal to accept service; grant of prayer clause (d): deposit with the Court / furnish solvent security by way of bank guarantee of Rs.87,65,712.52 to secure claim; second charge on respondents' properties deferred; service affidavit due January 22, 2025; stand over January 22, 2025; Judge Somasekhar Sundaresan; Aditya Birla Finance Limited v. Sanchaiti Hospital Pvt. Ltd. & Ors.
What did the court decide?
Prayer clause (d) granted — Respondent Nos.1 to 3 to deposit with the Court and/or furnish solvent security by way of bank guarantee of Rs.87,65,712.52 to secure the Petitioner's claim; Petitioner's advocates to serve the order on the Respondents by all permissible means of service and file a service affidavit on or before January 22, 2025; matter stood over to January 22, 2025.