AMU SHARES AND SECURITIES LIMITED vs RAJENDRA YESHWANT SHSH AND 13 ORS.

Judgment text excerpt

Neeta Sawant APP-104-109-2019-FC IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO. 104 OF 2019 IN CHAMBER SUMMONS NO. 55 OF 2009 IN EXECUTION APPLICATION NO. 329 OF 1997 IN ARBITRATION PETITION NO.112 OF 1997 WITH NOTICE OF MOTION NO. 428 OF 2019 WITH NOTICE OF MOTION NO. 162 OF 2019 Central Depository Services (India) Ltd. ….Appellant : Versus : Rajendra Yeshwant Shah and Ors. ….Respondents WITH APPEAL NO. 109 OF 2019 IN CHAMBER SUMMONS NO. 55 OF 2009 IN EXECUTION APPLICATION NO. 329 OF 1997 IN ARBITRATION PETITION NO.112 OF 1997 ______________________________________________________________________________ Page No.1 of 66 12 August 2025 Neeta Sawant APP-104-109-2019-FC WITH INTERIM APPLICATION (L) NO. 32757 OF 2022 WITH NOTICE OF MOTION NO. 200 OF 2019 WITH INTERIM APPLICATION (L) NO. 32757 OF 2022 Amu Shares and Securities Limited ….Appellant : Versus : Rajendra Yeshwant Shah and Ors. ….Respondents Mr.Venkatesh Dhond, Senior Advocate with Mr. Rohan Kadam, Mr. Vaibhav Singh, Ms. Radhika Indapurkar, Mr. Rahil Shah and Mr. Pranav Chandhoke i/by. Veritas Legal, for the Appellant in Appeal No. 104 of 2019. Mr. M.M. Vashi, Senior Advocate with Mr. Ankur Jain i/by. Mr. Ram Singh for Appellant in Appeal No.109 of 2019. Mr. Rohaan Cama i/by. Mr. Mehul A. Shah for Respondent Nos.1 to 3 in both the Appeals. CORAM : ALOK ARADHE, CJ. & SANDEEP V. MARNE, J. Judgment Reserved on : 4 August 2025. Judgment Pronounced on : 12 August 2025. ______________________________________________________________________________ Page No.2 of 66 12 August 2025 Neeta Sawant APP-104-109-2019-FC JUDGMENT : (Per Sandeep V. Marne, J.) 1) These Appeals are filed challenging the order dated 9 January 2019 passed by the Single Judge of this Court in Chamber Summons N