Disposed
Sri Murugan Textiles v. Bee K Bee Prints Pvt. Ltd.
Delhi HCEX.P./80/2023
Case brief
AI extract
What is this about?
Execution petition over a decree in a commercial suit; judgment-debtor defaulted on instalments. Director gave revised extended schedule with penalty; decree-holder accepted; bailable warrants recalled and petition disposed with restrictions on encumbering property.
What did the court decide?
Revised instalment schedule accepted; warrants recalled; bar on encumbering immovable property till schedule completed; petition revocable on default.