Administrator, Shri Basveshwar Co-Op. Credit Soc. Ltd. v. Karveer Chemicals Pvt. Ltd. through Managing Director S.R.Patil and Anr.
Case brief
What is this about?
Condonation of delay - setting aside ex-parte decree - Co-operative Court, Kolhapur - Maharashtra State Co-operative Appellate Court, Mumbai Bench at Pune - Revision No.113 of 2018 - Miscellaneous Application No.25 of 2015 - C.C.S.No.959 of 2005 - direction to earmark decreetal amount unsustainable as condition for delay condonation - appropriate only when considering stay of decree - costs enhanced from Rs.4,000/- to Rs.20,000/- maintained - deposit of Rs.2,50,000/- under stay of ex-parte decree - writ petition allowed - impugned order modified - S. G. Chapalgaonkar, J. - High Court of Judicature at Bombay, Circuit Bench at Kolhapur - Basveshwar Co-operative Credit Society Ltd. - Karveer Chemicals Pvt. Ltd. - Saigonda Patil.
What did the court decide?
Writ petition allowed; impugned order dated 30th August 2019 modified - the direction to earmark the decreetal amount is quashed and set aside; the rest of the order (condonation of delay with costs of Rs.20,000/-) is maintained as it is.