ASHOK INVESTORS TRUST LIMITED vs CROSSLINK FOOD AND FARMS PVT LTD THR ITS AUTHORISED R.MR. NANDARAM GHOGARE

Judgment text excerpt

Neeta Sawant COMAO-19-2025-FC IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL APPEAL FROM ORDER NO. 19 OF 2025 IN NOTICE OF MOTION NO. 1869 OF 2025 (OLD HIGH COURT I.A. (L) NO. 21398 OF 2021) WITH NOTICE OF MOTION NO. 1870 OF 2025 (OLD HIGH COURT I.A. (L) NO. 13622 OF 2021) IN COMMERCIAL SUIT NO. 1056 OF 2024 (OLD HIGH COURT COMMERCIAL SUIT (L) NO. 21256 OF 2021) WITH INTERIM APPLICATION NO. 10136 OF 2025 (FOR STAY) IN COMMERCIAL APPEAL FROM ORDER NO. 19 OF 2025 Ashok Investors Trust Limited ….Appellant (Ori. Defendant No.4) : Versus : 1. Crosslink Food & Farms Pvt. Ltd. 2. Lloyds Realty Developers Ltd. 3. Superways Enterprises Pvt. Ltd. 4. Shubhkaran & Sons 5. DBS Bank Ltd. ….Respondents Page No.1 of 32 26 August 2025 Neeta Sawant COMAO-19-2025-FC ____________________________________________________________________ Mr. Zal Andhyarujina, Senior Advocate with Ms. Akanksha Agarwal, Mr. Murtaza Kachwalla, Mr. Satvik Tejasvi and Mr. Rohan Vasa i/b. Argus Partners, for the Appellant. Mr. Dinesh Purandare, Senior Advocate with Mr. Gaurav Srivastav, Ms. Manorama Mohanty and Ms. Malika Mondal i/by. S.K. Srivastav & Co., for Respondent Nos.1 and 2. Mr. Neerav Merchant i/by. Thakordas & Madgavkar, for Respondent Nos.3 and 4. Mr. Atharva Dandekar with Mr. Om Waghmode i/b. Mr. Hitendra Parab, for Respondent No.5. ____________________________________________________________________ CORAM : ALOK ARADHE, CJ. & SANDEEP V. MARNE, J. Reserved On : 13 August 2025. Pronounced On : 26 August 2025. JUDGMENT :- (Per Sandeep V. Marne, J.) 1) The Appeal is filed under the provisions of Section 13 (1-A) of the Commercial Courts Act, 2015 by Appellant-Defendant no. 4 challenging the order dated 17 April 2025 passed by the learned Judge