{"id":231969,"date":"2011-08-23T00:00:00","date_gmt":"2011-08-22T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/ms-vs-shaifali-on-23-august-2011"},"modified":"2019-03-04T20:59:06","modified_gmt":"2019-03-04T15:29:06","slug":"ms-vs-shaifali-on-23-august-2011","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/ms-vs-shaifali-on-23-august-2011","title":{"rendered":"M\/S vs Shaifali on 23 August, 2011"},"content":{"rendered":"<div class=\"docsource_main\">Gujarat High Court<\/div>\n<div class=\"doc_title\">M\/S vs Shaifali on 23 August, 2011<\/div>\n<div class=\"doc_author\">Author: K.M.Thaker,<\/div>\n<pre>  \n Gujarat High Court Case Information System \n    \n  \n    \n\n \n \n    \t      \n         \n\t    \n\t\t   Print\n\t\t\t\t          \n\n  \n\n\n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t\n\n\n \n\n\n\t \n\nCOMP\/27\/2011\t 3\tORDER\n\n \n\nIN\nTHE HIGH COURT OF GUJARAT AT AHMEDABAD\n \n\n \n\n\n \n\nCOMPANY\nPETITION No. 27 of\n2011 \n=========================================================\n\n \n\nM\/S\nLALWANI INDUSTRIES LTD - Petitioner(s)\n \n\nVersus\n \n\nSHAIFALI\nROLLS LIMITED - Respondent(s)\n \n\n=========================================================\n \nAppearance\n: \nMR\nKUNAL P VAISHNAV for\nPetitioner(s) : 1, \nMR RUTVIJ S OZA for Respondent(s) :\n1, \n=========================================================\n\n\n \n\t  \n\t \n\t  \n\t\t \n\t\t\t \n\nCORAM\n\t\t\t: \n\t\t\t\n\t\t\n\t\t \n\t\t\t \n\nHONOURABLE\n\t\t\tMR.JUSTICE K.M.THAKER\n\t\t\n\t\n\n \n\nDate\n: 23\/08\/2011 \n\n \n\nORAL\nORDER<\/pre>\n<p>1.\tMr.Jishnu<br \/>\nChaudhary with Mr. Anirudh Agrawal with Mr. Vaishnav learned<br \/>\nadvocates have appeared for the petitioner and Mr.Oza, learned<br \/>\nadvocate has appeared for the respondent.\n<\/p>\n<p>2.\tMr.Oza,<br \/>\nlearned advocate for the respondent has submitted that a sum of Rs.5<br \/>\nLakhs, as per the understanding recorded in the previous order dated<br \/>\n11.8.2011 has been paid to the petitioner.\n<\/p>\n<p>3.<br \/>\nLearned advocate for the petitioner admitted the said factual aspect.<br \/>\nHe, however made grievance that though it was also agreed that the<br \/>\nrespondent will make further payment and will also come-out with<br \/>\nreasonable time &#8211; table for clearing the entire outstanding amount,<br \/>\nany further payment has not been made and the time table which is<br \/>\nrecently given does not reflect intention much less bonafides of the<br \/>\nrespondent to clear petitioner&#8217;s dues. He made such grievance in view<br \/>\nof the fact that though until now there was no dispute with regard to<br \/>\nthe principal amount, now, for the first time and that also after the<br \/>\norder dated 11.8.2011 the respondent has tried to raise dispute with<br \/>\nregard to principal amount as well. He referred to the reply<br \/>\naffidavit of the respondent wherein also any dispute with regard to<br \/>\nthe principal amount has not been raised. He made reference of Second<br \/>\nand Third paragraphs of the order dated 11.8.2011 to emphasize that<br \/>\neven at that stage the petitioner never disputed the total<br \/>\noutstanding principal amount. In light of such submissions he tried<br \/>\nto contend that the respondent&#8217;s attempts are not bonafide.\n<\/p>\n<p>4.\tMr.Oza,<br \/>\nlearned advocate for the respondent has, under the instruction of his<br \/>\nclient submitted that the respondent undertakes to make payment of<br \/>\nsum of Rs.5 Lakhs on or before 31.8.2011 and will also forward, by<br \/>\nEmail or Fax, fresh time &#8211; table giving  the details about time by<br \/>\nwhich the respondent will clear entire outstanding amount i.e.<br \/>\nprincipal amount, since the dispute between the parties is regarding<br \/>\ndemand for interest and the rate of interest. He further submitted<br \/>\nthat the payment which is being made is in light of the facts of the<br \/>\npresent case.\n<\/p>\n<p>5.\tHaving<br \/>\nregard to the said submission and also upon taking note of the<br \/>\nassurance given by the learned advocate for the respondent, under the<br \/>\ninstruction of his client, that further amount of Rs.5 Lakhs will be<br \/>\npaid on or before 31.8.2011, further hearing of the<br \/>\npetition is adjourned to 2.9.2011.\n<\/p>\n<p>(K.M.THAKER,J.)<\/p>\n<p>Suresh*<\/p>\n<p>\t\t   \u00a0\u00a0\u00a0<\/p>\n<p>\t\t   Top<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gujarat High Court M\/S vs Shaifali on 23 August, 2011 Author: K.M.Thaker, Gujarat High Court Case Information System Print COMP\/27\/2011 3 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABAD COMPANY PETITION No. 27 of 2011 ========================================================= M\/S LALWANI INDUSTRIES LTD &#8211; Petitioner(s) Versus SHAIFALI ROLLS LIMITED &#8211; Respondent(s) ========================================================= Appearance : MR KUNAL P [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,8],"tags":[],"class_list":["post-231969","post","type-post","status-publish","format-standard","hentry","category-gujarat-high-court","category-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>M\/S vs Shaifali on 23 August, 2011 - Free Judgements of Supreme Court &amp; 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