Axis Finance Limited v. Takshashila Developers Private Limited
Case brief
What is this about?
Bombay High Court interim application in contempt petition; Axis Finance Ltd. v. Takshashila Developers Pvt. Ltd. & Ors.; Consent Terms dated 19.09.2025; default/non-payment of first installment due 30.10.2025; arguable case for issuance of notice; notice issued to contemnors; Humdast permitted; Affidavit-in-Reply within two weeks; Affidavit of Service; adjourned to 15.04.2026 'For Directions'; Milind N. Jadhav, J.; Commercial Suit (L) No. 16212 of 2025.
What did the court decide?
Notice issued to Contemnors / Original Defendants (Humdast permitted); Applicant / Original Petitioner permitted, in addition to Court notice, to serve copy of the Interim Application, Contempt Petition and this order on the Contemnors by any permissible mode of service and file Affidavit of Service with tangible proof on or before the next date; Contemnors directed, after receiving notice, to take cognizance of the order and file Affidavit-in-Reply within two weeks, to be served on the other side in advance; matter stood over to 15th April 2026 under caption 'For Directions'.