Disposed

Iifl Securities Ltd. (Formerly India Infoline Ltd.) and Anr. v. Mamta Tyagi

Delhi HC5 Jul 2024CM(M)/2046/2024

Case brief

AI extract

What is this about?

The Delhi High Court allowed the withdrawal of a writ petition filed under Article 226 challenging the jurisdiction of NCDRC and Delhi High Court. The court stayed the respondent's execution petition for six weeks, granted liberty to approach the competent jurisdictional court, and expressly refrained from expressing any opinion on the merits of the case.

What did the court decide?

Withdrawal of the petition allowed with liberty to approach the jurisdictional court; execution petition stayed for six weeks.

Iifl Securities Ltd. (Formerly India Infoline… — Civil Procedure and Limitation | Delhi HC (2024)

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$~25

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- CM(M) 2046/2024 IIFL SECURITIES LTD. (FORMERLY INDIA INFOLINE LTD.) AND ANR. .....Petitioner

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Through: Mr. Devmani Bansal, Advocate (through VC). versus MAMTA TYAGI .....Respondent Through: Mr. Saurabh Kansal, Advocate (through VC).

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CORAM:

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HON'BLE MR. JUSTICE MANOJ JAIN

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O R D E R % 05.07.2024

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CM(M) 2046/2024 & CM APPL. 31172/2024(early hearing)

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The present petition has been filed under Article 227 of the Constitution of India challenging order dated 06.11.2022 passed by Hon’ble National Consumer Disputes Redressal Commission (in short ‘NCDRC’) in Revision Petition No. 4088/2009.

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Admittedly, said Revision Petition had been filed before NCDRC impugning order dated 08.07.2009 passed by the State Consumer Disputes Redressal Commission, Uttrakhand, in First Appeal No. 144/2008.

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Since the cause of action pertaining to the present subject matter has arisen within the jurisdiction of Uttrakhand, relying upon order dated 04.03.2024 passed by the Hon’ble Supreme Court in Siddhartha S Mookerjee vs. Madhab Chand Mitter , Civil Appeal Nos. 3915-16/2024, learned counsel for appellant prays that he may be permitted to withdraw the present petition with liberty to approach the jurisdictional High Court within six weeks from today.

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CM(M) 2046/2024 1

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 02/07/2025 at 03:14:01

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This Court has gone through said order wherein also the Hon’ble Supreme Court has, very categorically, observed that merely because NCDRC had allowed revision petition, the jurisdiction would not vest with Delhi High Court and observing that since the cause of action had arisen in Kolkata and the matter had been dealt with by the State Commission of West Bengal, it was held that the jurisdiction of High Court of Calcutta should have been invoked.

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The situation is precisely the same here, too.

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It has also been submitted that in terms of the order passed by this Court on 06.03.2024, the petitioner has already deposited the principal amount with the concerned District Forum.

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Such fact is not disputed even by learned counsel for respondent and, therefore, it is made clear that for a period of six weeks from today, the execution petition shall remain stayed.

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The petition stands disposed of as withdrawn. Liberty, as prayed for, is granted.

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It is, however, made clear that this Court has not expressed any opinion over the merits of the case.

MANOJ JAIN, J

JULY 5, 2024/ sw

CM(M) 2046/2024 2

This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 02/07/2025 at 03:14:01

Iifl Securities Ltd. (Formerly India Infoline Ltd.) and Anr. v. Mamta Tyagi

Case brief

What is this about?

What did the court decide?

Iifl Securities Ltd. (Formerly India Infoline Ltd.) and Anr. v. Mamta Tyagi

Case brief

What is this about?

What did the court decide?

What the court decided

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