MR. AMARJIT SINGH DULAT & ORS. vs M/S KOTAK MAHINDRA BANK LTD. & ORS.

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 1st May, 2025 Pronounced on: 31st July, 2025 + CRL.M.C. 4373/2018 & CRL.M.A. 30916/2018 1. MR. AMARJIT SINGH DULAT S/o Lt. Sh. Shamsher Singh Dulat R/o: 57, Friends Colony, New Delhi – 110065 .....Petitioner No. 1 2. MR. SANJAY MOHAN LABROO S/o Sh. B.M. Labroo R/o: 6, Green Avenue Lane, Off Green Avenue Kishangarh, New Delhi-70 .....Petitioner No. 2 3. MR. AMARENDRA PRATAP SINGH, S/o Lt. Sh. Mahendra Pratap Singh R/o: Flat No. B-33, IDC Apartment, Sector 11, Opp. Sec 11 Metro Station, Dwaraka, New Delhi – 110075 .....Petitioner No. 3 4. MR. RAJEEV RANJAN VEDERAH S/o Lt. Sh. Jagdish Chand Vederah R/o: 47, Paschimi Marg, Vasant Vihar, New Delhi-110057 .....Petitioner No. 4 5. GAUTAM THAPAR S/o Sh. Brij Mohan Thapar E-16, Pushpanjali Farms Bijwasan, New Delhi- 110061 .....Petitioner No. 5 6. MR. BHASKARAN NAYAR VENUGOPAL, S/o Sh. Bhaskaran Moothahu Bhaskaran Nayar R/o: C-2, 2nd Floor, Jeevan Jyoti, Setalward Lane, Nepean Sea Road Mumbai – 400036 ....Petitioner No. 6 Signature Not Verified Signed By:ANIL CRL.M.C.4373/2018 & 2693/2019 Page 1 of 29 KUMAR BHATT Signing Date:31.07.2025 19:25:28 Through: Mr. Mukul Gupta, Senior Advocate with Mr. Surender Kumar Gupta, Mr.Sumit Mishra, Ms. Muskan Gupta and Ms. Mokshita Sharma, Advocates versus 1. M/S KOTAK MAHINDRA BANK LTD. Through it‟s Authorized Representative Having its registered office at 27 BKC, C-27, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai-400051. Having its Branch office at 1/11 First floor, East Patel Nagar, New Delhi-110008 .....Respondent No. 1 2. M/S BALLARPUR INDUSTRIES LIMITED Having its registered office at PO: Ballarpur Paper Mills, Chandrapur, Ballarpur-442901 Also having address at: First India Place, Tower C, Mehrauli Gurugram Road, Gurugram-