Capri Global Capital Ltd vs Ganesh Ramdas Hajare And Ors

ik-45002290 Bombay High Court 25 October 2024 • CRIMINAL APPEAL NO. 311 OF 2021; CRIMINAL APPEAL NO. 311 OF 2021 • 25 min read

Judges (2)

Parties (3)

Case Significance

Capri Global Capital Ltd vs Ganesh Ramdas Hajare And Ors is a Bombay High Court decision dated October 25, 2024 (citation: ik-45002290). Ganesh Hajare appealed his conviction under the MPID Act, while Capri Global Capital Ltd. filed an interim application asserting priority of its claims over attached properties. The Division Bench dismissed the appeal, holding that the Special Judge MPID Court was competent to entertain objections to attachment and pass orders regarding auction of properties including valuation. The Court clarified it had not expressed any opinion on priority of claims, which would be determined by the Specia The bench comprised Justices Bharati Dangre and Manjusha Deshpande. The judgment was delivered by Justice Bharati Dangre.

Summary

Ganesh Hajare appealed his conviction under the MPID Act, while Capri Global Capital Ltd. filed an interim application asserting priority of its claims over attached properties. The Division Bench dismissed the appeal, holding that the Special Judge MPID Court was competent to entertain objections to attachment and pass orders regarding auction of properties including valuation. The Court clarified it had not expressed any opinion on priority of claims, which would be determined by the Special Judge.

What was the outcome of Capri Global Capital Ltd vs Ganesh Ramdas Hajare And Ors?

Ganesh Hajare appealed his conviction under the MPID Act, while Capri Global Capital Ltd. filed an interim application asserting priority of its claims over attached properties. The Division Bench dis...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-45002290)