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april 2025

Delhi High Court · 2025-04-30

AJIT SARIN vs CITICORP FINANCE (INDIA) LIMITED & ORS.

Citation / case number
EFA(OS)-4/2025 2025:DHC:3166-DB
Court
Delhi High Court
Petitioner
AJIT SARIN
Respondent
CITICORP FINANCE (INDIA) LIMITED & ORS.
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Judgment text excerpt

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 30.04.2025 EFA(OS) 4/2025 AJIT SARIN .....Appellant Through: Mr.Lalit Gupta, Mr.Anmol Ghai & Ms.Ishita Nautiyal, Advs versus CITICORP FINANCE (INDIA) LIMITED & ORS. .....Respondents Through: Mr.Lovkesh Sawhney, Sr. Adv. with Mr.Rohit Kumar, Adv for JD-2 CORAM: HON'BLE MR. JUSTICE NAVIN CHAWLA HON'BLE MS. JUSTICE RENU BHATNAGAR NAVIN CHAWLA, J. (ORAL) CM APPL. 25566/2025 (Exemption) 1. Allowed, subject to all just exceptions. EFA(OS) 4/2025 & CM APPL. 25565/2025 2. This appeal has been filed challenging the Order dated 27.03.2025 passed by the learned Single Judge of this Court in Execution Petition, being EX.P. 5/2008, inter alia, directing the appellant to file an affidavit of the latest list of unencumbered assets in terms of Order XXI Rule 41(2) read with Form No. 16A, Appendix E 1908. 3. The learned counsel for the appellant submits that the Decree Holder has itself filed a list of shares held by the Judgment Debtor No.2, valued at more than Rs.133 crores. He submits that for the said shares, the learned Single Judge, by the Impugned Order, has also asked the Ministry of Corporate Affairs to file an affidavit indicating