Paropkar Singh v. Union of India & Anr

Delhi High Court · 29 Sep 2011 · 2011:DHC:13896
Vipin Sanghi
EX.P. 243/2010
2011:DHC:13896
civil petition_dismissed

AI Summary

The Delhi High Court directed that a decree amount deposited by the Union of India be preserved as a fixed deposit and not appropriated by any partner of the decree holder firm until the arbitration award resolving their disputes attains finality.

Full Text
Translation output
9-10 HIGH COURT OF DELHI
EX.P. 243/2010
M/S GOOD VALUE ENGINEERS Decree Holder
Through: Ms.Jaya Tomar,Advocate(for Mr. Rajkumar)
Mr. Kapil Sankhia and Ms. Meghna Sankhia, Advocates(for Col.
Paropkar Singh)
VERSUS
UNION OF INDIA &ANR
Through:
EX.P. 333/2010
M/S GOOD VALUE ENGINEERS
Through:
VERSUS
UNION OF INDIA
Through:
CORAM:
HON'BLE MR.JUSTICE VIPIN SANGHI
Judgement Debtor Decree Holder
Judgement Debtor
29.09.2011 It Is not in dispute that the amount deposited by the
ORDER
debtor, Union of India satisfies the decree. There are inter se disputes between the partners ofthe decree holderfirm, including Mr. Rajkumar and Col. Paropkar Singh. The amount has been tendered by the
Judgment debtor in the name ofthe firm to Col. Paropkar Singh.
2011:DHC:13896 12^ In terms of the order passed by this Court on 22.02.2011, the amount has been received in the name of the firm and converted into a fixed deposit, which has been directed to be renewed every six months.
The disputes between the three partners have been resolved by an arbitration award made by Sh. G.P. Thareja, retd. ADJ dated
08.07.2011. The time for filing the objections to the said award has not yet elapsed. I, therefore, direct that the said fixed deposit be kept intact, and be renewed as earlier directed till the award dated
08.07.2011 attains finality, one way or another.
None of the partners shall appropriate the amount in question without the orders of the Court.
A copy of this order be given Dasti to the counsels for being served on the concerned bank.
Petition stands disposed of.
VIPIN SANGHI,J SEPTEMBER 29, 2011 sr 2011:DHC:13896