STANDARD CHARTERED BANK vs CHITRA UTSAV VIDEO PRIVATE LIMITED

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 23rd March, 2026 Pronounced on: 29th June, 2026 + RFA 293/2020 STANDARD CHARTERED BANK (Through Its Authorized Representative) 7A DLF Building, DLF Cyber City Gurgaon – 122022, Haryana ……Appellant Through: Mr. Amol Sharma, Advocate. versus M/S CHITRA UTSAV VIDEO PVT. LTD. (Through Its Authorized Representative) D-41, South Extension Part – II, New Delhi – 110049 (Col. D.P. Khanna, Ar/Legal Advisor) ……Respondent Through: None CORAM: HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA J U D G M E N T NEENA BANSAL KRISHNA, J. 1. The present Regular First Appeal under Section 96 of the Code of Civil Procedure, 1908 (hereinafter referred to as 'CPC'), has been filed on behalf of the Appellant/Defendant, Standard Chartered Bank, against the Judgment and Decree dated 31.07.2020 of the learned Additional District Judge-04, New Delhi whereby the Suit for Recovery of filed by the RFA 293/2020 Page 1 of 24 Signature Not Verified Signed By:VIKAS ARORA Signing Date:29.06.2026 16:54:33 Respondent/Plaintiff, M/s Chitra Utsav Video Pvt. Ltd., has been decreed along with pendente lite interest @ 9% per annum from the date of institution of the Suit till the date of Decree and future interest @ 6% per annum from the date of Decree till the date of payment. 2. The Plaintiff M/s Chitra Utsav Video Pvt. Ltd., filed CS No. 207886/2016, for Recovery of Rs. 16,50,000/- along with pendente lite and future interest. 3. The brief facts, as stated in the Plaint are that the Respondent/Plaintiff is a Private Limited Company incorporated under the provisions of the Companies Act, 1956 and is engaged in the business of film producing, recording and video software generation. 4. The Respondent/Plaintiff is the owner of a multi-storeyed commercial building