Shilpi Constructions Proprietor Mr Gaddigaiah R Kurudimath v. M S Chartered Hotels Pvt. Ltd.
Case brief
What is this about?
Execution of arbitration award dated 2nd May 2013; Shilpi Constructions (Proprietor Gaddigaiah R Kurudimath) v. Chartered Hotels Pvt. Ltd.; Bombay High Court OOCJ; Abhay Ahuja J.; IA 693/2025 in Commercial Execution Application 32/2024; Section 34 Arbitration and Conciliation Act 1996 petition dismissed; Section 37 appeal admitted; no stay on execution; Order 21 Rule 22 CPC notice made absolute 14 November 2024; affidavit of disclosure of assets by Managing Director in terms of prayer clause (a); four weeks; Rs.4,50,61,903 claimed due; principal Rs.1,64,12,800; 16% interest awarded; lump sum interest plus legal costs settlement offer without prejudice; liberty to amicably settle; next date 26 August 2025.
What did the court decide?
Disclosure direction granted: Managing Director of the Judgment Debtor to file affidavit disclosing particulars of the Judgment Debtor's assets in terms of prayer clause (a) within four weeks; parties at liberty to amicably settle; matter listed for 26th August, 2025. The oral examination of the Judgment Debtor's officer sought by the decree holder was not ordered in this pronouncement.