Rajiv Khanna & Ors v. Indian Tourism Development Corporation Ltd

Delhi High Court · 27 Apr 2017 · 2017:DHC:9110
Rajiv Sahai Endlaw
2017:DHC:9110
civil other

AI Summary

The Court ordered release of the decree amount to decree holders, disposed of execution petitions, and suggested pre-litigation mediation for future dispute resolution.

Full Text
Translation output
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$~23&24.
&143/2017(both u/S 151 CPC) directions)& 142/201?
RAJIVKHANNA& ORS
Through: Mr.AvishkarSmghvUnTMfotov
Surana,Advs.forDH-1
Mr.AkshayRinge,Adv.forDH-2
VERSUS
^lANTOURISMDEVELOPMENTCORPORATIONLTD oc UKo _
™ , JudgementDebtors
Through: Mr. Sanjay Gupta and Mr. Ajay
Pratap Singh,Advs.forITDC.
Ms. Rachna Agrawal, Adv. for DH-
2B.
AND
EX.P.No.164/2016
ANILKUMARKHANNA&ORS Decree Holders
Through: Mr. Prashant Pranjal and Mr. T.
Sharma Adv.for DH-1.
Mr. Avishkar Singhvi and Mr.Dhruv
Surana,Advs.for DH-3.
VERSUS
INDIAN TOURISM DEVELOPMENT CORPORATION
^ JudgementDebtors
Through: Mr. Sanjay Gupta and Mr. Ajay
Pratap Singh,Adv.forITDC.
Ms. Rachna Agrawal, Adv. for DH-
2B.
CORAM:
HON'BLE MR.JUSTICE RAJIV SAHAIENDLAW
% 27.04.2017
ORDER

1. The counsel for Pradeep Kumar Khanna and the counsel for Karmyogi Hotels and Buildcon Private Limited EX.P.No.150/2016&EX.P.No.I64/2016 page}of[2] 2017:DHC:9110 state thatin pursuance to orderdated 27"March,2017,beforethe worthy retainedinthisCourtintermsofdecreedated 17'"July,2015and all balance amountbereleasedtoKarmyogiHotelsandBuildconPrivateLimited.

2. Itis ordered accordingly.

3. The Pay Order be handed over to the counsel for Karmyogi Hotels and Buildcon Private Limited.

4. Thesum ofRs.3,46,69,078/- be keptin a maximum interest bearing account.

5. With the aforesaid, the execution petitions stand satisfied and are disposed of.

6. The counsel for Pradeep Kumar Khanna states that since Pradeep Kumar Khanna and Karmyogi Hotels and Buildcon Private Limited have been able to amicably resolve the aforesaid issue, to avoid any further litigation about the amount lying deposited in this Court,Pradeep Kumar Khanna and Karmyogi Hotels and Buildcon Private Limited be referred to pre-litigation mediation.

7. The counselforKarmyogi Hotelsand BuildconPrivateLimited states thatshehasnoinstructionsin thisregard.

RAJIV SAHAIENDLAW,J APRIL 27,2017 'pp'.. EX.P.No.150/2016&EX.P.No.I64/2016 page2of[2]