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2018 (2) TMI 2082 - HC - VAT and Sales TaxDefault in repayment of loan - forcible possession - Rule 9(1) of the Contempt of Courts (Bombay High Court) Rules, 1994 - HELD THAT:- It is beyond all doubt that the entire process of invocation of Arbitration on a non-existent so-called oral agreement and obtaining, within one day, a reference to Arbitration, a hearing before the Arbitrator, and, within two days, an Arbitral Award, and then promptly obtaining an appointment of the Receiver, all had one and only one objective: to prevent Fullerton from recovering its dues. There was no other purpose. All manner of submission are attempted today, including telling me that Fullerton has an understanding with Tornado Motors. Then Mr Agrawal for the Claimant, Prithipal, with the same alacrity that his son-in-law displayed in consenting to the flat going into Receivership, agrees to that very order - one that he sought on the ground that the flat needed to be protected - being vacated. This is nothing but playing ducks and drakes with the Court and its processes. List the matter for compliance on 15th February 2018.
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