Full Order Text
Order 2 · 10 Jan 2023 · CNR DLND010013052022
Order Details: COPY OF JUDICIAL PROCEEDINGS Pdf Text: 8 CS (COMM.) 184/22 De Lage Landen Financial Services India Pvt. Ltd. Vs. Sarjeet Singh & ors. 10.01.2023 Present : Sh. Nipun Katahar, Ld. Proxy Counsel for the plaintiff. None for the defendants. Application under Order XXII Rule 10 r/w Order XI Rule 6 (3) and Order VI Rule 17 r/w Section 151 CPC along with the supporting documents and list of documents has been filed. Heard. Record Perused. It is submitted by the counsel that by virtue of assignment agreement dated 07.07.2022, the loan in question has been assigned by plaintiff De Lage Landen Financial Services India Pvt. Ltd. i.e. assigner in favour of Kotak Mahindra Bank Limited i.e., assignee, consequently, devolution of interest has occasioned in favour of Kotak Mahindra Bank Limited with respect to claim in this suit. Hence substitution of Kotak Mahindra Bank Limited in place of plaintiff De Lage Landen Financial Services India Pvt. Ltd. has been sought, besides seeking permission to substitute Sh. Amar Maini as Authorized Representative of Kotak Mahindra Bank Limited and to amend the memo of parties accordingly. Mr. Anupam Singh, had been the Advocate for original plaintiff De Lage Landen Financial Services India Pvt. Ltd. and also happens to be an Associate Advocate for the assignee. It is submitted by the counsel present that he has verified about the assignment agreement from original plaintiff as well as the assignee with respect to its genuineness. In view of the above, since the assignment of the interest in the suit has occasioned during the pendency of this case, -- 1 of 2 -- the application of assignee through Counsel being supported by relevant documents is allowed. The assignee, Kotak Mahindra Bank Limited is permitted to be substituted as plaintiff and Sh.Amar Maini, Deputy Manager of assignee is permitted to be its Authorized Representative of new plaintiff. Amended memo of parties is taken on record. Issue fresh summons for settlement of issues to the defendants through all permissible modes i.e. RC/Speed Post/ Courier/E-mail/Whatsapp and FAX etc. of filing of PF and soft copy of complete paper book of the suit in PDF format through email. For service through electronic mode, plaintiff to file affidavit with respect to the correctness of the address and contact details. Steps for service and process fee be filed within one week. Directions: 1. service of defendants; 2. written statement along with statement of truth, admission and denial of documents, list of documents as well as the documents etc. be filed by defendants within statutory period of 30 days from the date of service. Advance copy be given; 3. replication be filed by plaintiff, within statutory period of 45 days of receipt of copy of written statement, if any. Advance copy be given. Put up for 12.04.2023. Anurag Sain District Judge (Commercial Court)-01 Patiala House Court, New Delhi. 10.01.2023 -- 2 of 2 --
