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Kotak Mahindra Bank LtdVsGUPTA SYNTHETIC LTD +5 more

CNR MHMM18001699201858-JUDICIAL MAGISTRATE FIRST CLASS 58TH COURT
PENDING

TrustJury record updated 24 Sept 2026

Case Overview

Registration Number
3252/2017
Registration Date
20 Dec 2017
Next Hearing Date
03 Oct 2026
Case Stage
FOR HEARING

Advocates

0

No advocate information is available in this record.

Parties

7

Acts & Sections

1
NEGOTIABLE INSTRUMENTS ACT · Sec 138

Case History / Proceedings

Case History
Date: 23-02-2018
Business: Ld MM is on Leave Charge with ACMM 9th court Hence Board is Discharge
Next Purpose: NOT HEARD CASES
Next Hearing Date: 28-03-2018

Date: 28-03-2018
Business: As per rozanama
Next Purpose: NOT HEARD CASES
Next Hearing Date: 02-05-2018

Date: 02-05-2018
Business: When matter is called out
Complainant and his advocate is absent
Adj for Verification
Next Purpose: NOT HEARD CASES
Next Hearing Date: 05-07-2018

Date: 05-07-2018
Business: When called out complainant absent. Ld. Counsel for complainant present.  Matter is kept before Lok Nyayalaya
Next Purpose: NOT HEARD CASES
Next Hearing Date: 14-07-2018

Date: 14-07-2018
Business: Case is not settled, Adj for Further steps
Next Purpose: NOT HEARD CASES
Next Hearing Date: 20-10-2018

Date: 20-10-2018
Business: When matter is called out
Complainant is absent advocate for complainant is present
Exh.4- Advocate for complainant is given adjournment application
adj for verification statement
Next Purpose: NOT HEARD CASES
Next Hearing Date: 21-12-2018

Date: 21-12-2018
Business: When matter is called out
Complainant is present and his advocate is present
Adj for deface e-challan
Next Purpose: NOT HEARD CASES
Next Hearing Date: 11-01-2019

Date: 11-01-2019
Business: When matter is called out
Complainant is present and his advocate is present
Exh. 5- Advocate for complainant is given substitution application
Seen resolution. Pr-cognizance stage. Hence, substitution application is allowed
Adj for deface e-challan
Next Purpose: NOT HEARD CASES
Next Hearing Date: 01-02-2019

Date: 01-02-2019
Business: When matter is called out
Complainant is present and his advocate is present
Exh. 6 to Exh. 9- Complainant is given verification statement, 202 pursis, affidavit of evidence and list of document
All document verified by Judicial Clerk
Adj for Process Order
Next Purpose: NOT HEARD CASES
Next Hearing Date: 18-04-2019

Date: 18-04-2019
Business: When matter is called out
Complainant is present advocate for complainant is present
Exh. 10- Advocate for complainant is given substitution application
put up for argument and order
Exh. 11- Advocate for complainant is given application on behalf of new preventative of the complainant to adopt the affidavit of evidence
Put up for argument and order
Adj for Argument on Exh.10 and order
Next Purpose: NOT HEARD CASES
Next Hearing Date: 18-06-2019

Date: 18-06-2019
Business: Today case not trace.
When called out complainant present with advocate.
For argument on exh.10 and order.
Next Purpose: NOT HEARD CASES
Next Hearing Date: 26-06-2019

Date: 26-06-2019
Business: When matter is called out
Complainant is present advocate for complainant is present
Heard argument on Exh.10 of advocate for complainant
O/Exh.10-  Read the application and heard learned counsel for the complainant.The application is supported by resolution copy. Hence, the substitution is allowed
Adj for Filing fresh Verification and affidavit of evidence (Pad File)
Next Purpose: NOT HEARD CASES
Next Hearing Date: 24-07-2019

Date: 24-07-2019
Business: When matter is called out
Complainant is present advocate for Complainant is present
Exh. 11 to Exh. 13- Complainant is given verification statement, affidavit of evidence and addition original document
All document verified by J. C.
Adj for Process order (Pad file)
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 27-08-2019

Date: 27-08-2019
Business: When called out complainant and advocate present.
Adv for complainant argument today.
For order on P.I.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 26-09-2019

Date: 26-09-2019
Business: Board is discharged.
As Ld M.M. for interview at Hon\''ble High Court.
Charge is with A.C.M.M. 9th court.
Adj for.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 14-11-2019

Date: 14-11-2019
Business: Board is discharged
As Transfer order of Ld. M.M.
Adj for
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 10-01-2020

Date: 10-01-2020
Business: When called out complainant and advocate present.
For argument.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 17-01-2020

Date: 17-01-2020
Business: Board is discharged.
As Ld M.M.is on leave.
Charge is with A.C.M.M.9th court.
Adj for.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 12-02-2020

Date: 12-02-2020
Business: NT. When matter is called out Advocate for complainant is present. Adj for further steps.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 11-03-2020

Date: 11-03-2020
Business: When matter is called out
Complainant and his advocate is present
Heard argument on process order
O/Exh.1 - Issue process against the accused Nos. 1 to 8 under section 138 of the Negotiable Instrument Act. Summons Returnable on 15.06.2020
Adj for summons report
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 15-06-2020

Date: 15-06-2020
Business: As per directions of Hon''ble High Court, due to precautions against corona virus and as there is no urgency in the matter, Hence case is adjourned.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 22-09-2020

Date: 22-09-2020
Business: As per directions of Honble High Court, due to precautions against corona virus and as there is no urgency in the matter, Hence case is adjourned.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 07-01-2021

Date: 07-01-2021
Business: Board is discharged.
As Ld M.M.is on leave.
Charge is with Ld. M.M.12th court.
Adj for.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 01-03-2021

Date: 01-03-2021
Business: When called out complainant present with advocate.
Accused and his advocate absent.
Adj for
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 24-03-2021

Date: 24-03-2021
Business: When called out, complainant present, his advocate present.
Accused absent, his advocate absent.
Exh.   Application for fresh summons against  accused no. 6.
Issue summons against accused no. 6.
Exh.   Application for NBw against accused no. 2 to 5.
Issue Bw of Rs.15,000/- against accused no. 2 and 5.
For report
Next Purpose: Awaiting execution of Service Summons/BW
Next Hearing Date: 11-06-2021

Date: 11-06-2021
Business: As per direction of SOP issued by Honourable High court and Honourable C.M.M Mumbai ( Office order No Estt. 16/679/2021 dt. 17.4.21. C.M.M office Esplanade, Mumbai ) board discharge.
Next Purpose: Awaiting execution of Service Summons/BW
Next Hearing Date: 30-08-2021

Date: 30-08-2021
Business: When matter is called out.
Complainant is present Advocate for the Complainant is present.
Accused is absent advocate for the accused is present.
Exh. 13- Advocate for the accused no. 1 is given vakalatnama.
Filed.
Exh. 14- Advocate for the complainant is given affidavit of service of summons.
Seen and filed.
Adj for Plea of the accused.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 21-12-2021

Date: 21-12-2021
Business: When matter is called out. Complainant is present Advocate for the Complainant is present. Accused is absent advocate for the accused is present. Exh. 15- Advocate for the complainant is given application for recording plea of accused/ warrant. The accused filed revision against process issue. Hence application is rejected. Exh.- 16 - adv. accused is given application for placing on record order of Hon\''ble High court.. filed.   Adj for Plea of the accused or Further order of Superior Court.
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 29-03-2022

Date: 29-03-2022
Business: When matter is called out Complainant present and Advocate for complainant is present. Accused is absent. Advocate for accused is present. Adj for
Next Purpose: NOT HEARD AT 2.45 P.M.
Next Hearing Date: 27-05-2022

Date: 27-05-2022
Business: When matter is called out. Complainant is present Advocate for the Complainant is present. Accused is absent advocate for the accused is present.
 Adj for Plea of the accused.
Next Purpose: CHARGE FRAMED  - Framing of Charge / Plea
Next Hearing Date: 16-09-2022

Date: 16-09-2022
Business: When matter is called out.
Complainant is present. Advocate for the Complainant is present.
Accused is absent. Advocate for the Accused is present.
Exh. 17- Complainant is given application.
Accused to say.
Adj for say on Exh.17 of the accused.
Next Purpose: Stayed Case
Next Hearing Date: 30-11-2022

Date: 30-11-2022
Business: When called out, complainant present, his advocate present. Accused absent, his advocate present. Exh. 18 Ol of Accused no. 1 given application for exemption.Granted.Exh. 19 Advocate for accused given application for adjournment on behalf of accused no.4,5 and 6. Granted. Exh. 20 Advocate for complainant given application for non bailable warrant against accused no. 2 and 3. Issued NBW against accused no. 2 and 3. Adj for warrant report.
Next Purpose: Awaiting execution of service NBW
Next Hearing Date: 10-01-2023

Date: 10-01-2023
Business: Accused is present with Advocate. Exh.20 Matter is taken on board. Allowed. Exh.21 Advocate for accused is given application for cancellation of non bailable warrant. Warrant is canceled subjected to penalty of Rs. 1000/-. Exh. 22 Application for bail. Accused be released on PB and cash security of Rs.3000/- Exh.23 PB and Cash bond of accused no.2. Exh.24 PB ad cash bond accused no.3. Exh.25 Plea of accused. Adj for filling of affidavit of evidence
Next Purpose: FOR HEARING
Next Hearing Date: 16-02-2023

Date: 16-02-2023
Business: when called out complainant present and his advocate present. accused absent and his advocate present.  Advocate for official liquidator present.
Adj for filling of affidavit of evidence
Next Purpose: FOR HEARING
Next Hearing Date: 13-04-2023

Date: 13-04-2023
Business: when called out complainant present and his advocate present. accused absent and his advocate present. Advocate for official liquidator present. Adj for filling of affidavit of evidence
Next Purpose: FOR HEARING
Next Hearing Date: 27-07-2023

Date: 27-07-2023
Business: when called out complainant present and his advocate present. accused absent and his advocate present. Advocate for official liquidator present. Exh. 26 application for adjournment of accused No. 4,5,6.
Granted.  Exh. 27 application for exemption of accused No. 2 and 3. granted. Exh. 28 application for calling upon interim resolution. O/- complainant to say.
Adj for filling of affidavit of evidence
Next Purpose: FOR HEARING
Next Hearing Date: 17-08-2023

Date: 17-08-2023
Business: Ld, M.M. is on leave.Charge is with M.M. 71st court. Hence, board discharged.
Next Purpose: FOR HEARING
Next Hearing Date: 11-09-2023

Date: 11-09-2023
Business: Today Case is TOB
accused through his advocate filed application for seeking permission to travel abroad. O/- Issue Notice to respondents.
Adj for hearing on
Next Purpose: FOR HEARING
Next Hearing Date: 16-09-2023

Date: 16-09-2023
Business: Order below Exh. 34
1. The accused is granted permission to travel abroad on condition that whenever his presence is required, he will remain present on giving notice to his advocate.
2. Advocate for accused shall conduct the trial in absence of accused without seeking any adjournment.
3. Order dictated and pronounced in open court.
Next Purpose: FOR HEARING
Next Hearing Date: 23-11-2023

Date: 23-11-2023
Business: Ld. M.M. is on leave. charge with Ld. M.M. 71st court. Hence board is discharged.
Next Purpose: FOR HEARING
Next Hearing Date: 24-01-2024

Date: 24-01-2024
Business: when called out complainant present and his advocate present. accused present and his advocate present. Exh. 33 application for seeking permission to travel abroad. O/- complainant to say and issue notice to respondent no. 3.
Exh. 34  application for stay u/s 96 A. No. 2 (1).O/- complainant to say. Exh. 35 application for stay u/s 96 (1) A. No. 3 O/-complainant to say. Exh. 36 application for bail. O/- accused is released on bail his executing PB ans SB for Rs. 7000/- cash bail allowed. Exh. 37-39 PR and cash bond. Exh. 40 plea of the accused is recording.
Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 22-03-2024

Date: 22-03-2024
Business: L.d M.M. is on leave. Hence board is discharged. Charge with M.M.32nd court.
Next Purpose: FOR HEARING
Next Hearing Date: 04-06-2024

Date: 04-06-2024
Business: when called out complainant present and his advocate present. accused absent and his advocate present. Exh. 41 Note on issue of applicability of sec. 96. Seen. Exh. 42 Reply of the complainant A. No. 1. seen. Exh. 43 Reply of the complainant. A. No. 2.  seen.  Exh. 44 reply of accused No. 3 seen. Exh. 45 application for exemption A. No. 2 to 6 granted.
Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 08-08-2024

Date: 08-08-2024
Business: Ld. JMFC has gone for training at NFSU, Delhi charge with Ld. JMFC 71st court. Hence board is discharge. adj for
Next Purpose: FOR HEARING
Next Hearing Date: 03-10-2024

Date: 03-10-2024
Business: Ld. JMFC is on leave charge with Ld. JMFC 71st court. Hence board is discharge.
adj for.
Next Purpose: FOR HEARING
Next Hearing Date: 20-11-2024

Date: 20-11-2024
Business: Today 20.11.2024 hereby declared as a holiday on account of Polling Day for Assembly General Elections 2024 and lieu of this holiday case taken up on 23.11.2024.
 Office Order No. Estt. 16/2043/2024 Honble CJM Office.
Next Purpose: FOR HEARING
Next Hearing Date: 23-11-2024

Date: 23-11-2024
Business: when called out complainant present and his advocate present. accused absent and his advocate present. Official Liquidator Advocate present. Exh.  application for reply. seen. Exh. application for exemption. granted.
Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 18-01-2025

Date: 18-01-2025
Business: when called out complainant present and his advocate present. accused absent and his A.  6 advocate present.
Official Liquidator Advocate present.
Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 29-03-2025

Date: 29-03-2025
Business: Ld. JMFC is on leave charge with Ld. JMFC 71 court.
Hence board is discharge.
adj for.
Next Purpose: FOR HEARING
Next Hearing Date: 09-05-2025

Date: 09-05-2025
Business: when called out complainant absent and his holding advocate present. accused absent and his Advocate present. Application for exemption of accused no. 2 to 6. O/- Granted. Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 10-07-2025

Date: 10-07-2025
Business: when called out complainant absent and his advocate present. accused absent and his Advocate present. Application for exemption of accused no. 2 to 6. O/- Granted. Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 18-07-2025

Date: 18-07-2025
Business: when called out complainant absent and his advocate present. accused absent and his Advocate present. Exh. 48 Application for exemption of accused no. 2 to 6. O/- Granted.
Exh. 49 Puris seen and filed.
Order below Exh. 34 and 35.
1. application is rejected with costs of Rs. 50000/- to be paid to Legal Aid Fund.
2. Costs are condition precedent to exercise further right of cross examination lead evidence in defence.
3. Oder dictated and pronounced in open court.
4. Order be uploaded on court web portal.
Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 26-08-2025

Date: 26-08-2025
Business: when called out complainant present and his advocate present. accused No. 5 present and his Advocate present.
Exh. 54 application for substitution accused to say.
Order below Exh. 28
1. application is rejected.
2. Order dictated and pronounced in open court.
3. Order be uploaded forthwith on court web portal.
Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 17-10-2025

Date: 17-10-2025
Business: when called out complainant absent and his advocate present. accused absent and his Advocate present. Adj for filling affidavit of evidence.
Next Purpose: FOR HEARING
Next Hearing Date: 15-01-2026

Date: 15-01-2026
Business: Holiday is declare on account of polling day. adj for
Next Purpose: FOR HEARING
Next Hearing Date: 24-04-2026

Date: 24-04-2026
Business: called on today. complainants authorised representative and advocate present. advocate for accused present. accused absent. accused filed reply to the substitution application of complainant. Heard advocate for accused who submitted that matter is pending before Honble High Court for quashing process. Complainant not appeared before High Court for intervention. Matter adj. for arguments on substitution application and order and for cross examination. advocate for accused to take note that matter is old one, unless trial court proceeding is stayed by High court, no adjournment would be granted on next date on any ground. adj for hearing to next date.
Next Purpose: FOR HEARING
Next Hearing Date: 23-07-2026

Date: 23-07-2026
Business: called on today. complainants authorised representative and advocate present. advocate for accused present. accused absent. exemption application accused No. 2,3,4,5,6 granted  pursis accused No. 2 to 6  read and record.
Heard advocate for accused who submitted that matter is pending before Honble High Court for quashing process. Matter adj. for arguments on substitution application and order and for cross examination. advocate for accused to take note that matter is old one, unless trial court proceeding is stayed by High court, no adjournment would be granted on next date on any ground. adj for hearing to next date.
Next Purpose: FOR HEARING
Next Hearing Date: 03-10-2026

Additional Case Details

Additional Case Details
Filing Number: 11109/2017
Filing Date: 20-12-2017
First Hearing Date: 23rd February 2018
Court Number And Judge: 58-JUDICIAL MAGISTRATE FIRST CLASS 58TH COURT

Orders

6
Interim Order 3Full order available
26 Aug 2025

Order Details: Order Below EX 1 Pdf Text: MHMM180016992018 Summons Cases SS/3252/2017 KOTAK MAHINDRA BANK LTD Vs. GUPTA SYNTHETIC LTD IN THE COURT OF THE JUDICIAL MAGISTRATE, FIRST CLASS, 58TH COURT, BANDRA, MUMBAI ORDER BELOW APPLICATION EXH.28 This is an application for calling upon Interim Resolution Professional (IRP) appearing on behalf of accused No.1 company to give certain undertakings as called for by the accused. 2. The Interim Resolution Professional (IRP) has objected the application vide detailed reply Exh.42. 3.…

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Interim Order 2Full order available
18 Jul 2025

Order Details: Order Below EX 1 Pdf Text: MHMM180016992018 Summons Case No.3252/SS/2017 KOTAK MAHINDRA BANK LTD Vs. GUPTA SYNTHETIC LTD IN THE COURT OF THE METROPOLITAN MAGISTRATE, 58TH COURT, BANDRA, MUMBAI COMMON ORDER BELOW APPLICATIONS EXH.34 AND 35 Vide captioned applications accused Nos.2 and 3 have prayed for stay of the trial against them till the adjudication of proceeding under section 94 of the Insolvency and Bankruptcy Code 2016. 2. It is contended on behalf of the accused that Kotak…

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Interim Order 1Full order available
16 Sept 2023

Order Details: Order Below EX 1 Pdf Text: C. C. No.3252/SS/2017 Order Below Exh.31 MHMM180016992018 C. C. No.3252/SS/2017 KOTAK MAHINDRA BANK LTD Vs. GUPTA SYNTHETIC LTD IN THE COURT OF THE METROPOLITAN MAGISTRATE, 58TH COURT, BANDRA, MUMBAI ORDER BELOW APPLICATION EXH.31 1. This is application for granting permission to the accused to travel abroad. 2. Respondent No.1/Original complainant objected the application on the ground that the passport is already impounded by the respondent No.3. Unless passport is released by respondent…

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Order 3Full order available
26 Aug 2025

Order Details: Order Below EX 1 Pdf Text: MHMM180016992018 Summons Cases SS/3252/2017 KOTAK MAHINDRA BANK LTD Vs. GUPTA SYNTHETIC LTD IN THE COURT OF THE JUDICIAL MAGISTRATE, FIRST CLASS, 58TH COURT, BANDRA, MUMBAI ORDER BELOW APPLICATION EXH.28 This is an application for calling upon Interim Resolution Professional (IRP) appearing on behalf of accused No.1 company to give certain undertakings as called for by the accused. 2. The Interim Resolution Professional (IRP) has objected the application vide detailed reply Exh.42. 3.…

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Order 2Full order available
18 Jul 2025

Order Details: Order Below EX 1 Pdf Text: MHMM180016992018 Summons Case No.3252/SS/2017 KOTAK MAHINDRA BANK LTD Vs. GUPTA SYNTHETIC LTD IN THE COURT OF THE METROPOLITAN MAGISTRATE, 58TH COURT, BANDRA, MUMBAI COMMON ORDER BELOW APPLICATIONS EXH.34 AND 35 Vide captioned applications accused Nos.2 and 3 have prayed for stay of the trial against them till the adjudication of proceeding under section 94 of the Insolvency and Bankruptcy Code 2016. 2. It is contended on behalf of the accused that Kotak…

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Order 1Full order available
16 Sept 2023

Order Details: Order Below EX 1 Pdf Text: C. C. No.3252/SS/2017 Order Below Exh.31 MHMM180016992018 C. C. No.3252/SS/2017 KOTAK MAHINDRA BANK LTD Vs. GUPTA SYNTHETIC LTD IN THE COURT OF THE METROPOLITAN MAGISTRATE, 58TH COURT, BANDRA, MUMBAI ORDER BELOW APPLICATION EXH.31 1. This is application for granting permission to the accused to travel abroad. 2. Respondent No.1/Original complainant objected the application on the ground that the passport is already impounded by the respondent No.3. Unless passport is released by respondent…

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