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CS (COMM.) - CIVIL SUIT (COMMERCIAL)

Punjab National BankVsM/S GAZI INDUSTRIES

CNR DLNW010073072023758-District Judge (Commercial) - 01
CASE DISPOSED
Uncontested--COMPROMISED
Decision Date: 07th December 2024

TrustJury record updated 19 Oct 2026

Case Overview

Registration Number
570/2023
Registration Date
08 Aug 2023

Advocates

1

For Petitioner

For Respondent

    Not available

    Parties

    2

    Acts & Sections

    1
    Recovery of Money · Sec COMMERCIAL · FOR · RECOVERY · SUIT

    Case History / Proceedings

    Case History
    Date: 09-08-2023
    Business: fp
    Next Purpose: Misc. cases/purpose
    Next Hearing Date: 18-10-2023
    
    Date: 18-10-2023
    Business: fp
    Next Purpose: Misc. cases/purpose
    Next Hearing Date: 06-01-2024
    
    Date: 06-01-2024
    Business: misc.case
    Next Purpose: Misc. cases/purpose
    Next Hearing Date: 08-05-2024
    
    Date: 08-05-2024
    Business: fp
    Next Purpose: Misc. cases/purpose
    Next Hearing Date: 04-11-2024
    
    Date: 04-11-2024
    Business: Put up for
    Next Purpose: Misc. cases/purpose
    Next Hearing Date: 07-12-2024
    
    Date: 07-12-2024
    Business: File be consigned to record room.
    Nature Of Disposal: COMPROMISED
    Disposal Date: 07-12-2024

    Additional Case Details

    Additional Case Details
    Filing Number: 3637/2023
    Filing Date: 07-08-2023
    eFiling Number: ECDLNW01008442023
    eFiling Date: 07-08-2023
    First Hearing Date: 09th August 2023
    Decision Date: 07th December 2024
    Court Number And Judge: 758-District Judge (Commercial) - 01

    Orders

    9
    Final Order 5
    07 Dec 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: 5
    CS (COMM.)/570/2023
    DLNW010073072023
    PUNJAB NATIONAL BANK Vs. M/S GAZI INDUSTRIES
    07.12.2024
    Present: Sh. A. K. Shakya, Ld. Counsel for plaintiff.
    Ld. Counsel for the plaintiff submits that plaintiff
    bank does not wish to pursue the present Suit against the
    defendant any further, as during pendency of the suit, as the
    defendant has deposited all overdue amount on 17.01.2024.
    Letter issued by plaintiff to this effect is Ex.C1. It is prayed that
    present suit be disposed of accordingly.
    Separate statement of Ld. Counsel for the plaintiff
    ‘At Bar’ has been recorded in this regard.
    In view of the submissions and statement recorded,
    nothing survives in the present Suit, which is disposed of as
    settled/compromised.
    File be consigned to Record Room after due
    completion.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    07.12.2024
    -- 1 of 1 --
    Interim Order 4
    04 Nov 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: 5
    CS (COMM.)/570/2023
    DLNW010073072023
    PUNJAB NATIONAL BANK
    Vs.
    M/S GAZI INDUSTRIES
    04.11.2024
    Present: Proxy counsel for plaintiff.
    Lawyers are abstaining from work today.
    In the interest of justice, put up for furnishing of
    fresh address / further proceedings on 07.12.2024.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    04.11.2024
    -- 1 of 1 --
    Interim Order 3
    08 May 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: 3 CS (COMM.) 570/23
    PUNJAB NATIONAL BANK VS. M/S GAZI INDUSTRIES
    08.05.2024
    Present: Sh. A. K. Shakya, Ld. Counsel for plaintiff.
    Synopsis of dates of events filed in compliance of
    requisites of Commercial Courts Act, 2015. Same is taken on
    record.
    Summons of the Suit issued upon defendant received
    back with the report of process server ‘No such person’.
    Ld. Counsel for the plaintiff prays for opportunity
    for verifying/furnishing fresh address of defendant. Allowed.
    Put up for furnishing fresh address of
    defendant/further proceedings on 04.11.2024.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    08.05.2024
    -- 1 of 1 --
    Interim Order 2
    06 Jan 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: CS(COMM)/570/23
    PUNJAB NATIONAL BANK VS. M/S GAZI INDUSTRIES
    06.01.2024
    Fresh suit is received before the Vacant Court. It
    be checked and registered.
    Present: Sh. A. K. Shakya, Ld. Counsel for plaintiff.
    Heard. Record perused.
    Non-Starter Report as per Section 12A of
    Commercial Courts Act 2015, (as amended by Act-2018) is already
    on record.
    Dates & Events/Synopsis and Declaration U/O.11
    Rule 6 (3) CPC has not been filed. Let the same be filed within a
    week.
    On compliance, let Summons for settlement of issues
    of the Suit be issued upon the defendant(s), on filing of PF, RC &
    requisite Copies. Summons to be issued under Order V Rule 5 CPC
    1908 upon the defendant(s) shall display mandatory endorsement
    “defendant should file Written Statement of defense within 30 days
    from the date of service/receipt of summons alongwith Statement of
    Truth and Affidavit of admission/denial of documents of the
    plaintiff, as per Commercial Courts Act, 2015.
    Steps be taken within two weeks.
    Put up on 08.05.2024.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    06.01.2024
    -- 1 of 1 --
    Interim Order 1
    09 Aug 2023
    Order Details: COPY OF ORDER
    Pdf Text: CS (COMM.) 570/2023
    PUNJAB NATIONAL BANK Vs. M/s Gazi Industries
    09.08.2023
    Commercial suit filed on behalf of plaintiff through physical
    mode. It be checked and registered as per rules.
    Present: None.
    Physical file received.
    Put up for consideration on 18.10.2023.
    (GURDEEP SINGH)
    District Judge (Commercial Court)
    North West District, Rohini Courts
    Delhi: 09.08.2023
    -- 1 of 1 --
    Order 4
    04 Nov 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: 5
    CS (COMM.)/570/2023
    DLNW010073072023
    PUNJAB NATIONAL BANK
    Vs.
    M/S GAZI INDUSTRIES
    04.11.2024
    Present: Proxy counsel for plaintiff.
    Lawyers are abstaining from work today.
    In the interest of justice, put up for furnishing of
    fresh address / further proceedings on 07.12.2024.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    04.11.2024
    -- 1 of 1 --
    Order 3
    08 May 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: 3 CS (COMM.) 570/23
    PUNJAB NATIONAL BANK VS. M/S GAZI INDUSTRIES
    08.05.2024
    Present: Sh. A. K. Shakya, Ld. Counsel for plaintiff.
    Synopsis of dates of events filed in compliance of
    requisites of Commercial Courts Act, 2015. Same is taken on
    record.
    Summons of the Suit issued upon defendant received
    back with the report of process server ‘No such person’.
    Ld. Counsel for the plaintiff prays for opportunity
    for verifying/furnishing fresh address of defendant. Allowed.
    Put up for furnishing fresh address of
    defendant/further proceedings on 04.11.2024.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    08.05.2024
    -- 1 of 1 --
    Order 2
    06 Jan 2024
    Order Details: COPY OF JUDICIAL PROCEEDINGS
    Pdf Text: CS(COMM)/570/23
    PUNJAB NATIONAL BANK VS. M/S GAZI INDUSTRIES
    06.01.2024
    Fresh suit is received before the Vacant Court. It
    be checked and registered.
    Present: Sh. A. K. Shakya, Ld. Counsel for plaintiff.
    Heard. Record perused.
    Non-Starter Report as per Section 12A of
    Commercial Courts Act 2015, (as amended by Act-2018) is already
    on record.
    Dates & Events/Synopsis and Declaration U/O.11
    Rule 6 (3) CPC has not been filed. Let the same be filed within a
    week.
    On compliance, let Summons for settlement of issues
    of the Suit be issued upon the defendant(s), on filing of PF, RC &
    requisite Copies. Summons to be issued under Order V Rule 5 CPC
    1908 upon the defendant(s) shall display mandatory endorsement
    “defendant should file Written Statement of defense within 30 days
    from the date of service/receipt of summons alongwith Statement of
    Truth and Affidavit of admission/denial of documents of the
    plaintiff, as per Commercial Courts Act, 2015.
    Steps be taken within two weeks.
    Put up on 08.05.2024.
    ( Preeti Agrawal Gupta )
    District Judge (Commercial Court)-01
    North-West, Rohini, Delhi.
    06.01.2024
    -- 1 of 1 --
    Order 1
    09 Aug 2023
    Order Details: COPY OF ORDER
    Pdf Text: CS (COMM.) 570/2023
    PUNJAB NATIONAL BANK Vs. M/s Gazi Industries
    09.08.2023
    Commercial suit filed on behalf of plaintiff through physical
    mode. It be checked and registered as per rules.
    Present: None.
    Physical file received.
    Put up for consideration on 18.10.2023.
    (GURDEEP SINGH)
    District Judge (Commercial Court)
    North West District, Rohini Courts
    Delhi: 09.08.2023
    -- 1 of 1 --

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