Full Order Text
Order 7 · 21 Jul 2026 · CNR DLCT030032732025
Order Details: COPY OF JUDICIAL PROCEEDINGS Pdf Text: 3 Succ. Court 63/25 MUKAT GUPTA Vs. THE STATE 21.07.2026 Present : Mr. AK Jha, Ld. Counsel for petitioner alongwith Mr. Manoj Kumar Khandelwal, SPA holder of the petitioner. Mr. KK Malviya, Ms. Aroosa Nawaz and Mr. Ishan Gupta, Ld. counsel for respondent no. 10/SBI alongwith Mr. Shivam Singh Balwan, Customer Associate, SBI. Ld. counsel for Axis Securities / respondent no.9 alongwith Mr. Tarun Kumar, Circle Head, North, Axis Securities. Fresh vakalatnama filed on behalf of respondent no.9. Same be checked and taken on record. Mr. Tarun Kumar, Circle Head, North, Axis Securities examined and discharged as RW-6. He is paid diet money of Rs.1,000/-. Cost imposed upon SBI vide order dated 07.05.2026 has not been paid. An application has been filed on behalf of SBI seeking waiver of the cost imposed vide order dated 07.03.2026 and 07.05.2026. It is inter- alia stated that as per the statement of account, no fund is lying in the account of the deceased. It is also stated that the FDR was not issued by the applicant bank and not linked to the account. However, in the considered opinion of this ground, the aforesaid grounds are not justified for repeated absence of the AR of SBI as from 27.08.2025, the court has been repeatedly directing the official to remain present in person and he has been repeatedly avoiding the same. -- 1 of 2 -- Hence, I do not find any merit in the application in view of repeated absence of the AR as his statement is required to be recorded qua the securities of the deceased, is pending. Accordingly, the aforesaid application is hereby dismissed. Let all the previous costs be deposited/paid by the SBI/respondent no.10 against proper acknowledgment/receiving before the NDOH. Application is disposed off accordingly. Mr. Shivam Singh Balwan, Customer Associate, SBI could not be examined as Mr. Manoj Kumar Khandelwal, SPA holder of the petitioner, has pointed out that the bank has not provided the details of balance in the FDRs of the deceased, copy of which is placed on page 60 of the paperbook. Mr. Shivan Singh Balwan shall remain bound down for NDOH. As per report of the Ahlmad, notice issued upon respondents no. 4 and 5 not received back and a letter has been received from MUFG Intime regarding the shares of the deceased in Indian Hotels Co. Ltd. Let the file be properly inspected by the petitioner and appropriate steps, if any, be taken by the petitioner. Be adjourned for 24.09.2026. (Bharat Aggarwal) ACJ-cum-ARC, Central District, Tis Hazari Courts 21.07.2026 -- 2 of 2 --
