Aditya Birla Finance Limited v. Sagarika Biswal
Case brief
What is this about?
Post-decree asset disclosure in execution; Bombay HC Commercial Division; ex parte order granting disclosure prayers; Order XXI Rule 41 CPC affidavit of assets (movable/immovable, bank account numbers, branch, balances, third-party debts/receivables); furnishing of last five years' Income Tax Returns, Balance Sheets and profit and loss accounts; execution of unsatisfied Arbitral Tribunal Award/Decree dated 24 May 2024 (over 30 days unsatisfied); Commercial Execution Application No. 89 of 2025; disclosure on oath within four weeks; returnable/listed 24 February 2026; single-judge bench (Abhay Ahuja, J.).
What did the court decide?
Interim Application allowed in terms of prayer clauses (b) and (e): Respondents/Judgment Debtors to jointly/severally file comprehensive asset-disclosure affidavits on oath (movable and immovable assets, bank account details and balances, debts/receivables payable by third parties with addresses) and furnish Income Tax Returns for the last five years with Balance Sheets and profit and loss accounts, pending the Execution proceedings; disclosure on oath within four weeks; copy of order to be served with an appropriate affidavit of service; application listed on 24 February 2026.