2021 (4) TMI 1369

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.... Rishi, Ms. Srishti Juneja and Ms. Nikhar Luthra, Advs. for R-1 to R-4. ODER FAO(OS) (COMM) 61/2021 & FAO(OS) (COMM) 62/2021 1. These two appeals have been mentioned before us for urgent listing on the ground that the Bench of Hon'ble the Chief Justice has not assembled today and out of the four similar appeals preferred by the appellants, two are listed before this Court being FAO(OS) (COMM) 59/2021 and FAO(OS) (COMM) 60/2021. It is, therefore, requested that the four appeals be listed before this Court and heard simultaneously. 2. The request is allowed. The Registry is directed to list FAO(OS) (COMM) 61/2021 & FAO(OS) (COMM) 62/2021 before this Court. CM APPL. 14726/2021 (Exemption) in FAO(OS) (COMM) 59/2021, CM APPL. 14728/2021 (Ex....

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....hich the appellant is aggrieved, neither records any plea raised by any of the parties nor any prima facie findings in favour of the respondents/the applicants. It is being argued by the appellant that it had sanctioned loans to the tune of INR 2801 crores in favour of the respondents collectively under 16 loan agreements, out of which it is stated that INR 1995.37 crores have been disbursed to the borrowers. The loans were secured by way of inter alia mortgage of several immovable properties and pledge of equity shares by the shareholders of four companies namely (i) M/s. Shipra Leasing Private Limited (ii) M/s. Shipra Estate Limited (iii) M/s. Shipra Hotels Limited and (iv) M/s. Kadam Developers Private Limited, who are the respondents in....