SHRIKANT G. MANTRI vs PUNJAB NATIONAL BANK

Judgment text excerpt

IA-1915-2023- judgment.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY Digitally signed by TRUSHA ORDINARY ORIGINAL CIVIL JURISDICTION TRUSHA TUSHAR TUSHAR MOHITE MOHITE Date: 2025.03.10 17:40:57 +0530 IN ITS COMMERCIAL DIVISION INTERIM APPLICATION NO.1915 OF 2023 IN COMM. SUIT NO.132 OF 2022 Shrikant G. Mantri of Mumbai ] Indian Inhabitant, residing at 601, ] Shanti Vimal, P. M. Road, Vile Parle (E), ] Mumbai 400 057. ] .. Applicant/ Plaintiff. In the matter of ] Shrikant G. Mantri of Mumbai ] Indian Inhabitant, residing at 601, ] Shanti Vimal, P. M. Road, Vile Parle (E), ] Mumbai 400 057. ] .. Plaintiff v/s. Punjab National Bank ] a Banking Company registered under the ] Indian Companies Act, 1956, having its ] zonal office at 11th Floor, Dalamal House, ] Jamnalal Bajaj Marg, Nariman Point, ] Mumbai 400 021. ] .. Respondent/ Defendant. Mr. Gaurav Joshi, Sr. Advocate with Ms. Neeta Jain, Mr. Sunil Gangan, Mr. Shrikant Seegarla and Ms. Swapnil Shikhare i/b. RMG Law Associates, for the Applicant/Plaintiff. Mr. Simil Purohit, Sr. Advocate with Mr. Atul Desai (Partner), Mr. Pranav Monani and Mr. Vishal Pattabiraman i/b. Kanga & Co., for the Defendant. CORAM: FIRDOSH P. POONIWALLA,J. RESERVED ON : 17th DECEMBER, 2024. PRONOUNCED ON : 10th MARCH, 2025. S.R.JOSHI 1 of 59 IA-1915-2023- judgment.doc JUDGEMENT:- This Interim Application has been filed by the Plaintiff under the provisions of Order XIIIA of the Code of Civil Procedure, 1908 (“the CPC”), seeking the following reliefs:- “(a) a summary judgment be passed under Order XIII-A of the Code of Civil Procedure, 1908 decreeing to direct the Defendant by an order of mandatory injunction to hand over/ transfer to the Applicant the subject shares 11,25,000 shares of ITC Ltd. as more particularly mentioned in the chart Exhibit “V