Disposed

Ramky Infrastructure Limited., v. Kotak Mahindra Bank Limited

Telangana HC6 Dec 2021WP/7883/2019

Case brief

AI extract

What is this about?

The High Court disposed of three writ petitions filed by Ramky Infrastructure Limited and directors against banking orders and DRAT judgments. The court recorded a joint memorandum of compromise filed by the parties, settling the pending disputes without costs.

What did the court decide?

Recorded joint compromise; directed distribution of deposited funds; ordered withdrawal of pending appeals and legal notices; discharged securities; discharged charges.

Ramky Infrastructure Limited., Vs Kotak Mahindra Bank… — Banking and Recovery | Telangana HC (2021)

¶1

'//'

¶2

HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD (Special Original Jurisdiction)

¶3

MONDAY, THE SIXTH DAY OF DECEMBER TWO THOUSAND AND TWENTY ONE

¶4

PRESENT

¶5

THE HON'BLE SRIJUSTICE UJJAL BHUYAN AND THE HON'BLE SMT. JUSTICE P. MADHAVI DEVI WRIT PETITION NOS: 7870.4303 & 7883 OF 2019

¶6

wP NO.7870 0F 2019:

¶7

Betwee n:

¶8

1 Ramky lnfrastructure Limited, having lts registered office at Ramky Grandiose Floor, Sy.No. 136/2 AND 4, Gachibowli, Hyderabad - 500 032 represented by^its Managing Director, Sri Y.R. NagarajaNagaraja

¶9

Managing Director, Sri Y.R. NagarajaNagaraja

¶10

2 Mr. Aila^-Ayodhya Ram Reddy, S/o Mr. A Desaratharami^{ReddyDirec-tor} .of Ramky lnfiastrr,jcture Limited Office at Ramky Grandiose^{1sth Floor, Sy.No.} 13612 and 4, Gachibowli, Hyderabad^-500 032

¶11

...pETtTtoNERS

¶12

AND

¶13

KOTAK MAHINDRA BANK LIMITED,^{27 BKC,C 27, G Block, Bandra Kurla} Comolex Bandra^(E). Mumbai 400 051 Also at^{6-3-1 109/1} ,^{1 st Floor Jewel} Pavani Towers Rij Bhavan Road,^{Somajiguda Hyderabad 500 082}

¶14

STATE BANK OF iNDIA,⁽ⁱⁿ its capacity'as^{the Lead Lender in the Joint Lenders} Forum) Office at State Bank^{Bhavan, C'orpofateCentre, Madam Cama Road,} Mumb;i-400o21 And having^{its corporate accounts group (CAG) brg1-c!-qt} Ozone 2nd Floor, No.6-3-669,^{Puniagutta Main Road Hyderabad - 509082}

¶15

3 SBICAP TRUSTEE COMPANY^{LIMITED,(in its capacity as SecurityTrustee),} having its office at 8, Sth Floor,^{Khetan Bhavan,198, Jamshedji TataRoad,} Churchgate, Mumbai-40002

¶16

..RESpoNDENrs

¶17

Petition under Article 226 of^{lhe constitutionof lndia prayingthat in the} circumstances stated in the^{affidavitfiled therewith,the High court may be pleased} to issue Writ, order or direction^{more in the nature Writ of Certiorari callingfor the} records relating to Appeal No.^{181 of 2018 on the file of Debt Recovery Appellate} Tribunal, Kolkata and set^{aside the orders dated03.04.2019 passed by the} Honorable Debt Recovery^{Appellate Tribunal and consequently direct the Honorable} Appellate Tribunal not to^{disburse the amount deposited by the Petitioner vide a} Fixed Deposit No. 38107882978^{dated 04.12.2018 in favor of 1st Respondent}

¶18

IA NO:^'l OF 2019

¶19

Petition under Section^{151 CPC prayingthat in the circumstancesstatedin} theaffidavitfiledinsupportofthepetition,theHighCourtmaybepleasedtostayall furtherproceedingspursuanttotheordersdated03,04.20lgpassedbytheHon'ble Debt Recovery^{AppellateTribunal in Appeal No' 181 of 2018'including withregard} tothedisbursement/adjustmentoftheamountdepositedwiththeHon'bleDebt Recovery Appellate^{Tribunal, pending disposalof the WritPetition}

¶20

¶21

lA NO: 2 OF 201S

¶22

Petition un, er section 15i cpc praying that in the sircumstances stated in the affidavit filed n support of the petition, the High court ma), be pleased to take and accept this ar ditional affidavit along with Additional material papers on record Counsel for the P:titioners: SMT. RUBAINA S KHATOON

¶23

Counsel for Resp:ndent No.1: SRI RAHUL SARELLA

¶24

Counsel for Resprndent No.2: SRt M. SRTKANTH REDDY, SC FOR SBI

¶25

Counsel for Resp rndent No. 3: SRI K. R. R.AMANA

¶26

WP NO: 4303 OF t019

¶27

Between:

¶28

1' RAMKY lN^{TRASTRUCT-,RE} LrMrrED, having its.reglistered office at Ramky Grandiose, 1Sth Ftoor, Sy.No t3olz ana +, c,r.fiioor,iiii-HyJ#iff _".sorj ssz representec bv its lvlanlg.ing Director, Sri y.R. Nagaraja

¶29

1. IVR. ALLA,.ybDHyA.R"ryq-*_*oi StL.riJ"Lirtn Rarni Reddy, ased abour 55 vears, Vira^rro 2. Ramkv cEo Enctave. cai[6o*ii nvoei"tiri dooo'# '""'

¶30

1. SRt^y. R N \GARAJA.'sr. v.*Clti.r;;;;;; abour 57 years, occ M.D. of '1st Petition ,r comoany p No. 4g5 H. r.ro. a-2',-"2'9S rJ333r4g5 Road No. g7, Near ABN Andra. /othi Jubil6e iririi, Sna,rrpet.'ivj"iriro soo 033

¶31

AND .PETITIONERS

¶32

L RESERVE }ANK OF lND|A, New Central Office Buitdin,l, Shai d Bhagad Sigh Bglo. fsfo^{Mumbai40o0o1.n"p} uv iti n"-oioirii6'iilt,or

¶33

1. KorAK MA 'TNDRA BANK LrMrfEd,)l gwc'zi.'E nro.* Bandra Kurra complex, B rndra (E) ,',4umbai qoo osi niso ai."o]j-rioglr, 1sr FIoor, Jewer

¶34

3 srATE Pavanr Tow BAr :rs, x or Ral rNotn dhavan rin no"o. its capacity Sor"j'ii"rj". ilvo"r),rrc 65tne relo Lender 500 082in the Joint Lenders Forum) hav rg.its centrar dffice.at stutde-"ni Bh;',;;nltorporrtu centre, i,4adam cama Roa< Mumbai-40002t,an0 nivingli;'.orjoIi"'r,..ounts group (CAG) 2nd noor, r'ro.o_j_oo'e'pl;rjrij[ii;irTain Road Hydeiabad _

¶35

86ffi.J)r,c:one,

¶36

4 SBICAP TF JSTEE COIr/PANY.-LIMITED, (iN its CAPACiIV AS SCCUTiIY TTUSIEC). having its o 'ice at 8. 5th Froor, 6;i;. Bh;;;;, i5[lja',nsneoii Tata Road, Churchgate IVumbai-400020 DEBT REC )VERY AppEfLAre rnreuNAL, Kotkata, v/est Bensat TBBBRL="T.

¶37

Petition un ler Articre 226 0f the constitution of rndia praying that in the circumstances ste ted in the affidavit fired therewith, the High court may be preased to issue an appro )riate writ, order or Direction more particurarry one in the nature of Writ of Mandan us, (i) decraring the orders made by Debt Recovery Appelrate Tribunar, Korkata in lA No' 50 and r'A No. 52 0f 2019 in Appear Nos. 18.1 and 1g2 0f 201g as unrawfur and resurtan'y a' )w the said r.A. No. 50 and r.A. No. 52 0f 2o1g in Appear Nos 181 and 182 of 2019 a; prayed for by the petitioners,

¶38

(ii) further, 'r in the arternate, decraring the action of ihe 2nd Respondents in issuing the shov cause notice dated 25.0'r .201g with reference to the 1st Respondents ci' :urar rnstructions dated 01 .07 .2015 as iregar, arbitrary, u nconstitutiona r, a )art from being without jurisdiclion and urtra-sires the said circurar instructions and sl ike down a, such actions as iregar and unconstitutio na r

¶39

¶40

lA NO: 1 OF 2019

¶41

Petition under Section 151 CPC^praying that in the circumstances^statedin the affidavit filed in support of the^petition, the^{High Court may be pleasedto} suspend the operation of the Show Cause^{Notice dated 25.01 .2019 and stay all} further proceedings pursuant thereto pending disposal of the writ^petition

¶42

lA NO: 2 OF 2019

¶43

Petition under Section 151 CPC^praying that^{in the circumstancesstatedin} the atfidavit filed in support of the^{petition, the High Court may be pleased to receive} the instant additional affidavit along^{with the documentsmarked as Annexures} Counsel for the Petitioners: SMT.^{RUBAINA S. KHATOON}

¶44

Counsel for Respondent^{No.2: SRI RAHULSARELLA}

¶45

Counsel for Respondent^{No. 3: SRI M' SRIKANTH REDDY' SC FOR SBI}

¶46

Counsel for Respondent^{No. 4: SRI K. R. RAMANA}

¶47

w P NO: 7883 OF 2019

¶48

Between:

¶49

I.RAMKYINFRASTRUCTURELIIV|TED',,havingitsregisteredofficeat.flam|y cr"noio"" l sth Floor,^{sy.No. t solzand 4, Gachibowli, Hyderabad - 500032} represented by its Managing^{Director. Sr1 Y} $^Naoaraia

¶50

MI Atil'Ato,inv, naii^{n""JoV, st" Mr. A DeiaraiharamiReddy.Directorof} Ramkv lnfrastructure^{fimited bfficeat,RamkyGrandiose 1Sth Floor, Sy No'} 13612'and 4, Gachibowli,^{Hyderabad - 500 032}

¶51

...pETtTtoNERS

¶52

AND

¶53

I.KOTAKMAHINDRABANKLIMITED,2TBKC,C2T,GB|ock'landraKurla' 6;;i;, b;nora tel, rr/lumoil aoo ost Also at 6-3-1 109/1 , 1st Floor Jewel Flraiif*iur. nii^{6navan Road, Somajiguda Hvderabad 500 082}

¶54

1. biAlE^aAr.l-i( or^{iNltiiAlii" itiEp*itv'alftt-6ao Lender in the Joint-Lenders} - Forrrt Office at State ei;k rjnauin' C'orporate Centre' Madam Cama Road' ivr,.iiiozi_+ooozi Aio'rl"utns^{its corporate accounts group (GAG) branchat^} :o;";"', znaitoor' No.6-3-669, Puhjagutta Main Road Hyderabad - 5!0082

¶55

s. s-B-iCAi inusiEt^{co-rraFANVr-rvirEo,(in its capacitv-aPsg.c}'ilY} l1u-s!ee)' - havino its office at B, 5th Floor, Khetan Bhavan, 198, Jamshedjr lala Koao, Churclhgate, Mumbai-40002 ..RESpoNDENrs

¶56

..RESpoNDENrs

¶57

Petition under^{Article 226 of the constitutionof lndia prayingthat in the} circumstances^{Stated in the affidavitfiled therewith,the High Court may be pleased} to issue writ, order^{or direction more in the nature writ of certiorari callingfor the} records relating^{to Appeal No, 182 of 2018 on the file of Debt Recovery Appellate} Tribunal, Kolkata^{and set asidethe orders dated03 04 2019 passed by the Honble} DebtRecoveryAppellateTribunalandconsequentlydirecttheHonbleAppellate Tribunal not to disburse^{the amount depositedby the Petitioner vide a Fixed Deposit} No. 38107882978^{dated 04.12'2018in favourof 1st Respondent}

¶58

IA NO: 1 oF 2019 Petition under^{Section 151 CPC prayingthat in the circumstancesstatedin} the affidavit^{filed in support of the petition, the High courtmaybe pleasedto stay all} further^{proceedings pursuant to the orders dated03'04'2019passed by the Honble}

¶59

--/1.-

¶60

Debt Recovery^{Apprllate Tribunal in Appeal No 1B2 of 2018inc;luding withreqard} tothedisbursemelt/adjustmentoftheamountdepositedraliththeHonbleDebt Recovery Appellate^{Tribunal, pending disposalof the Writ Pet tion} Counsel for the^{Pe'itioners:SMT' RUBATNAS KHATOON}

¶61

Counsel for^{Respo rdent No'1:SRI RAHULSARELLA}

¶62

Counsel for Respo^{ldent No. 2: SRI M' SRIKANTH REDDY' SC FORSBI} Counsel for^{Respo'rdent No. 3: SRI K' R' RAMANA}

¶63

The Court made^{th ) following:COMMON ORDER}

¶64

HONOUnABLI!^{SIll JUSTICIi UJ'lALIIHLIYAN} ANI) HONOURAI}I.,[,^{SMT..'US'[ICEP. MADHAVIDEVI}

¶65

W.l''Nos.7870'^{4303 & 7883 OF 2019}

¶66

Qp@ frn.^{Hon'bleSriJustice LliiulBhu)'an)}

¶67

Heard learned^{counsellor the parties'}

¶68

We have^{been informed that partieshave settled the matter in} terms ol^{which a joint lremoranduurof compromisedeed enteredinto} between the^{pctitioncrsand rcspondcnt/Kotak MahindraBank I-imited} dated l0.ll.l02^{Ihas hcen placcd belore us'Let the said ioint} rlctlorandutn^{cll'cotllprot.l.lisc dcocl bc l<cpt as partol- thc rec<lrd and} marked as^l:x.X.

¶69

In tcrtrs^{o1'the.ioint t.ltcmorandutt.to1'cornpronrisc deed'all thc}

¶70

writ petitions^{aredisPosed ol}

¶71

4 Miscellaneous^{applications, if any pending' shallstand closcd'}

¶72

5 N OCosts.

¶73

//TRUE^COPY// ^,,:3+lN+"*t'd5,THtri

¶74

SECTION^OFFICER

¶75

To,

¶76

:Hs*-#$frufi q,-fu$finH?I$ffi^:: !"i#"r,4tllllmS'*EU"p'nffi^{:;.i?+:Jfli"'i;,}

¶77

orr ce^{B u d n g S h a}

¶78

" ",,,,

¶79

: ?ilf-iir#iE$1,*lf^li;i; flffi^{: ;"1,] 1}

¶80

i, tl:EEiliriEfi***tg,fitn.m^{se deedmarkedas} with a^{coPY or}

¶81

H:iln

¶82

Two^{CD CoPies} 10.One^{SPare coPY} tvlBC BS W

HIGH COURT \

DATED: 0611212021

COIVIMON ORDER

WP NOS: 7870,4303 & 71883 OF 2019

¶87

,1.
o ?- r HE. S14 14:
( I,]I
, 12 JU't2022
-t
i)

¶88

DISPOSING OF THE WRI-T PETITIONS

¶89

WITHOUT COSTS

¶90

I)
sl

¶91

,JOI'I.{ ta],1 OItA-\DL \IOF CO}IPRO\II EIi ILED I]Y PE I'I1 ro\r_Rs ,\D 1" ITESPO\D[,.I' I]A\ K

¶92

The Petitioners and l't Respondent Bank herein most respectfully subnrrts as fo llor.vs:

¶93

The Petitioners had fired the present writ petition inter-alia chairenging rhe order dated 03.04.2019 passed by Hon,ble Debts Recovery Appellate Tribunai, Kolkata in Appeal No. tg2 of 20lg and the said writ petition is pending for final disposal. The petitioners prayed to issue writ of certio.ar.i calling for records relating to Appear No. 1g2 of 20rg on the fire or. Dcbrs Recovery AppeJIate rribunar Korkata and set aside the order.s craicii

¶94

03 04'20 19 passed by the IJon'ble Dcbrs Recor,'crv .Apncirarc r-r.;i.Lrr:rl Koll<ata and conscquentry direct rhc Hon'ble Apperiatc .rriirurai ..or l, disburse the amor'rnt orRs. 65,3 1,gg,636 (Rupees Sixry Five Crorc'l'irir.r., orc Lakh Eighty Eight Thousand Six i-Iundred Thirty six only) deposirecl bv lrrc Petitioners vide a Fixed Deposit No. 3 g 1 07 g g2g7g d,ated 04.12.2A1 g in lavour. of I't Respondent Bank and pass any order or other orders as this I-lon,ble Court deems fit and proper in the circumstances of the case.

¶95

2' It is submitted that during the pendency ofthe present writ petition, an inrer.inr Order dated 24.04,2019 was passed by this Hon,ble Court in I.A. No. I ol. 2019 in w.P. No. 7883 of 2019 inter-aria directing transfer of the amounr rying with the Registrar, Debts Recovery Appelate Tribunar, Kolkara to rile ].' Respondent Bank, The Hon'ble High court has arso direcrcd rhc Lsr Respo.dent Bank to suspend thc wirl'ur Deraurt proceedirrgs initrated b;, rrrc l'r I{espondent Banr< against RamJ<y In frash-r-rcrure Limitcci, !rr. r\rr

¶96

Ayodhya Rami Reddy and Mr Y Nrga:aja trll drsposal ot rh c \'r'ir Fe l: riu ir. For Kotak Mahindra Bank Ltd t-0 WA1 Authorir.d^gignrtory

¶97

Accordingly, t} e amount of^{Rs. 65,99,11,318/-lying with the Hon'bleDebts} Recovery Appr, llate Tribunal^{was transferred to the1st ItespondentBank on} 04.06.2019

¶98

It is submittec that during^{the pendencyof thc Presen Wnt Iretrliol.Lhc} Petitioners aptr^'oached the 1't Respondent^{Bank ibr an amic:ablescllicillcnl} which was cc lsidered by the 1''^{Respondent llankI ld lccord:nr:.,',' LIri} Petjtioners an, the lsr Recpon.lcttt^{13rnL l:.tr c :,:r:r(\ ..1 .r -': :l' .:r :'.} settlement as r' corcled hereunder.

¶99

The l" Petitior er Company vide its letter^{dated 21 10.2A21 addresscdto lllc} 1't Respondent Bank have agreed to make^{payment of an aggregate amolrntol} Rs.31,36, 42,:18/- (Rupees Thirry One Crores^{Thirry Six Lakhs Forty Two} Thotsand Thrt:e Hundred Eighteen only)^{('lsettlement ,A'mount")to the i*'} Respondent Br nk out of the total amount^{lying with 1't RespondentBankfi-orr.r} of Rs. 66,99,1 ,318/-, subject to the acceptance^{of the preselltconsentterrns} by this Hon'bl r High Coufi and disposal of^{Writ Petition Nos. 7870 o1'20I 9.} 7883 ol 2019 and 4303 of 2019 rn ten s o1'lhis Joirrt^{'1ct'troTrtrrtir;;trtrt} Compron-rise.

¶100

On acceptance of the present Consent^'lern-rs b,v this Hon'ble I-iigh CioLul rLnri taking on reco d this Joint Memorandum of Complomise , th,: 1" Re spourlcnl Bank be direct:d to distribute the aforementioned amounts lying with thcm in below manner among the 1't Petitioner Company and the l" Responclent Bank:

¶101

a ) an amol nt of Rs. 31,36,4?,318 (Rs. Thirty One Crores'lhifty Six Lakhs Forty T vo Thousand Three Hundred Eighteen only) be paid to I(orak

¶102

Mahind a Bank Limited (Ilespondent No,1);

¶103

¶104

For Kotak Mahindra Bank (*t--a-Ltd. AuthoriB6d Signatory

¶105

b) an amourrt olRs. 35,62,69,000i- (Rupees Thirty Five Crorcs Sixt1, 1'u,o Laiiirs SixLl Ninc-l-housuncl onlv) be larci to Pcljtiorre r. \o I ( r,,r'r.rr:r', L11s Ilarrrls ln tiastructLr: c Lirlited.

¶106

It is submitted that on realization of the aforcsaid settlemeut antounl ol an aggegate amount olRs, 31,36,42,318/- (Rupees Thirty One Clorcs Thirry Si: Lakhs Forfy Two Thousand Three Hundred Eighteen only), the 1'' Respondent Bank shall;

¶107

a) Withdraw Diary No. 233 ot 2ll9pending before the DRAT, Kolkata filed against order dated 01,08.2019 passed by the DRT, Hyderabad in J.S.D, No. 1041 of 2019 in M.A. No. 144 of 2018 in O.A. No. 2890 ol 2017 that is currently pending before the Hon'ble Debt Recovcry Appellate Tribunal, Kolkata.

¶108

¶109

b) Provide a No Dues Certificate to the Petitioners and also e-fllc thc necessary lonrs through the Ministry of Corporate Allails (\1( At Portal for vacating the charge created by Pcritiorrcr No.I^{(lol)tpir:t</sup> ::. favour of Respondent No.i Bank over the assets ol Petitionel No.I Company.}

¶110

c) Advise the Respondent No. 3 Security Trustee i.e., M/s. SBlC,i\i) Trustee Company Limited herein with respect to the said No-Due Certificate and discharge all the securities belonging to tbe Petitioncrs herein, to the extent secured to Respondent No.1 Bank.

¶111

d) Withdraw the said Wilfut Default proceedings against the Petitioners herein.

¶112

e) Release the charge, mortgage, lien, and guarantees given bv Lhc Petitioner No. I & Petitioner No. 2 to secure anC such otltcr sccur ii\

¶113

For Kotak M -('. ahindra^{u-4Bank Lld} Authorised^Signetory

¶114

documer:s related to the subject matter ol^{proceedings in O.A.No} 2890 of: 017.

¶115

fl^{Not to ir tiate or continueanv civil or criminalprocecCin-us.Alrncai or} e.\ecutio t proceedings in anv of the^{coLlrtsL''r all)' sttclt,'r} proceed; rgs bctbre anr .-\Lrthority alier il:is rLi:tiel,Dlc scti;cr)l'':r: Compro nise against the Petitioners tbr mattcrs^{alisirlg iiotl ()l le rlrle:} to O.A. rio. 2890 o12017

¶116

g) Record'1at the said settlement amount is paid by the PetiLiorrers as^lLrll and fin.l satisfaction of the outstanding amount^payable by^tlrc Petition rrs as on date in respect of the facilities availed by the Petition:rs from the Respondent No. 1 Bank rvhich ale the subjcct matter⁽ f O.A. No. 2890 of 2017 to the 1't Respc,ndent Bank and^the Petition:rs shall^jointly file copy of this Joint Compro:nise !1e rn,r before lre DRAT, Kolkata as mentloned hcrein above.

¶117

'7. On realizarior of the amollnt ol an aguregate arroun[ ,rf 11.s.35.62.(r9.(lt)l) - (Rupees Thin r Five C'rores Sixt,v l'rvo lakhs Sixty' \inc^'ihousancl Onlr.r. :rirt in considerat cn ol the l" Respondent Bank aglecilLg to rcleasc rL.. tltc secr.rrities of re Petitioner No. 1 and Petitioncr No. 2 given utrdcr llte l,ra:-. agreement w rich is the subject matter of O.A. No. 2890 ol 20i7 thc Petitioners sh ill:

¶118

a) Withd rw all legal proceeding including Civil/Clriminal fiied agarnst the Re; pondent Bank and/or its Officers / representatives;

¶119

b) Not to rave any claim, whatsoever, against the Respondent Banl< and or its⁽ fficers / representatives

¶120

Fo' Kotatfhinora eff rtd

¶121

Authorissd Signe tory

¶122

¶123

ltI r/

¶124

8' upon receipt of the respective amounts as mentioned above, both rh' Petitioners and *rRespondent Bank sha, be rereased ofa, their rrghts, cJairrs and obrigations against each other arising fionr the dispr.rtes and regal c.rscs a\ dcscribed above

¶125

Therefore, the panies herein nrost respectfr_tlly pravci rrl 1, this Hon'ble Court may be pleased to record the settrement ren.rs arrir,ccr between the parties as above and pass such necessary or.ders in terms or thrs Joint Memorandum of compromise and dispose writ petition No. 7gg3 oi 2019 and thus renderjustice.

Dated at Hyderabad

Qy*

ovembor 2021

For Kotek lvlfhindra Blnk Lrd. f/\i--j\

¶130

Authoriscd Sign.tory

¶131

Ra nfrastructure Lrmited Peritioner No. I

¶132

KoLak Vahirrd:.r R.:r:., ,^.:l r ) st Resporrcient Ba:rii

¶133

rVIr, AIIa Ayodh Itami Redd1, Petittoner No,2

¶134

aYJ-

¶135

Counsel for Petitioners

¶136

\*4-

¶137

Counsel for 1't Ilespondent Bank

Ramky Infrastructure Limited., v. Kotak Mahindra Bank Limited

Case brief

What is this about?

What did the court decide?

Ramky Infrastructure Limited., v. Kotak Mahindra Bank Limited

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Statutes considered

Parties & counsel

Coram

Case details

Similar cases

Kishan Kothwal Vs Income Tax Officer

M/s Sri Laxmi Construction Vs Bank of Baroda

Sri Padmavati Energy Solutions (India) (P) Limited, Vs The Union of India

Ramky Infrastructure Limited Vs Kotak Mahindra Bank Limited

Uco Bank Vs Union of India

Mansaram Gupta Vs M/s. Andhra Bank and Another