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Shopper's Stop Limited - Securities and Exchange Board of India

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A notice <strong>of</strong> motion was taken out for interim relief on February 23 1998.When it reached<br />

for the final hearing on December 2, 1998, it was allowed to be withdrawn with the<br />

liberty to take out a fresh notice <strong>of</strong> motion. A fresh notice <strong>of</strong> motion bearing no. 3916 <strong>of</strong><br />

1998 was taken out on December 24 1998 .However by an order dated 21 st September,<br />

2000 the notice <strong>of</strong> motion was dismissed as withdrawn. The suit is pending.<br />

Bombay City Civil Court<br />

Suit No 4060 <strong>of</strong> 1983<br />

Laxmi Asbestos Products Ltd. vs. F.E Dinshaw &Ors<br />

N. N. Wadia as the sole Administrator <strong>of</strong> the Estate <strong>and</strong> Effects <strong>of</strong> the Late F.E. Dinshaw<br />

, the owner <strong>of</strong> the L<strong>and</strong> has entered into a Development Agreement with Ivory Properties<br />

<strong>and</strong> Hotels Pvt Ltd. for development <strong>of</strong> his l<strong>and</strong>. Ivory Properties <strong>and</strong> Hotels Pvt Ltd is a<br />

promoter company. In terms <strong>of</strong> the Development Agreement executed between N. N.<br />

Wadia as the sole Administrator <strong>of</strong> the Estate <strong>of</strong> Late F.E. Dinshaw, the Defendant in the<br />

aforesaid suit <strong>and</strong> Ivory Properties <strong>and</strong> Hotels Pvt. Ltd., Ivory Properties <strong>and</strong> Hotels Pvt.<br />

Ltd. has been given the responsibility <strong>and</strong> is entitled to look after the litigation <strong>and</strong> enter<br />

into arrangement <strong>and</strong> settlement at its cost, charges <strong>and</strong> expenses in respect <strong>of</strong> the<br />

litigation concerning the said l<strong>and</strong>.<br />

The suit was filed by the plaintiff for restraining the Defendants from constructing a<br />

compound wall on the southern side <strong>of</strong> the Plot <strong>of</strong> l<strong>and</strong> bearing No A/28 (next to<br />

Gundecha Plot )shown in the Plan filed with the plaint.<br />

The Court vide order dated June 19 1984 has appointed District Inspector <strong>of</strong> L<strong>and</strong><br />

Records. The report was the basis on which the plaintiff have taken out Chamber<br />

summons for carrying out amendments in the Plaint that the defendants have<br />

constructed the compound wall <strong>and</strong> to demolish the said wall .The status <strong>of</strong> Chamber<br />

Summons whether it is pending or disposed <strong>of</strong>f is not known.<br />

High Court <strong>of</strong> Mumbai<br />

Suit No 311<strong>of</strong> 2000<br />

Kherunnais Abdul Aziz Shaikh vs. Brij Bhushan Singh & F. E.Dinshaw<br />

N. N. Wadia as the sole Administrator <strong>of</strong> the Estate <strong>and</strong> Effects <strong>of</strong> the Late F.E. Dinshaw<br />

, the owner <strong>of</strong> the L<strong>and</strong> has entered into a Development Agreement with Ivory Properties<br />

<strong>and</strong> Hotels Pvt Ltd. for development <strong>of</strong> his l<strong>and</strong>. Ivory Properties <strong>and</strong> Hotels Pvt Ltd is a<br />

promoter company. In terms <strong>of</strong> the Development Agreement executed between N. N.<br />

Wadia as the sole Administrator <strong>of</strong> the Estate <strong>of</strong> Late F.E. Dinshaw, the Defendant in the<br />

aforesaid suit <strong>and</strong> Ivory Properties <strong>and</strong> Hotels Pvt. Ltd., . Ivory Properties <strong>and</strong> Hotels Pvt.<br />

Ltd. has been given the responsibility <strong>and</strong> is entitled to look after the litigation <strong>and</strong> enter<br />

into arrangement <strong>and</strong> settlement at its cost, charges <strong>and</strong> expenses in respect <strong>of</strong> the<br />

litigation concerning the said l<strong>and</strong>.<br />

A suit was filed at the Mumbai High Court bearing suit No 311 <strong>of</strong> 2000 where the plaintiff<br />

claimed to have taken an immovable property admeasuring about 5 acres bearing survey<br />

no 504 ,Malad on tenancy basis from the father <strong>of</strong> the defendant No 1 i.e. Brij<br />

Bhushansingh .The suit is filed for declaration that the plaintiff is the sole <strong>and</strong> absolute<br />

owner in respect <strong>of</strong> the said l<strong>and</strong> admeasuring 5 acres <strong>and</strong> defendants to h<strong>and</strong> over<br />

vacant possession <strong>of</strong> the structure admeasuring 20,000 sq. ft comprising <strong>of</strong> ground <strong>and</strong><br />

an upper floor <strong>and</strong> pending the hearing restrain the defendant from cresting any thirds<br />

party rights, appointment <strong>of</strong> commissioner receiver etc. A notice <strong>of</strong> motion was taken out<br />

by the plaintiff for interim relief but was withdrawn when it reached the final hearing. The<br />

Court has passed an order allowing the withdrawl <strong>of</strong> the notice <strong>of</strong> motion .Till date no writ<br />

<strong>of</strong> summons have been issued.<br />

High Court , Mumbai<br />

Appeal Stamp No. 35096 <strong>of</strong> 1999<br />

Shantidevi Kumbhar vs. N.N. Wadia<br />

N. N. Wadia as the sole Administrator <strong>of</strong> the Estate <strong>and</strong> Effects <strong>of</strong> the Late F.E. Dinshaw<br />

, the owner <strong>of</strong> the L<strong>and</strong> has entered into a Development Agreement with Ivory Properties<br />

<strong>and</strong> Hotels Pvt Ltd. for development <strong>of</strong> his l<strong>and</strong>. Ivory Properties <strong>and</strong> Hotels Pvt Ltd is a<br />

promoter company. In terms <strong>of</strong> the Development Agreement executed between N. N.<br />

Wadia as the sole Administrator <strong>of</strong> the Estate <strong>of</strong> Late F.E. Dinshaw, the Defendant in the<br />

aforesaid suit <strong>and</strong> Ivory Properties <strong>and</strong> Hotels Pvt. Ltd., . Ivory Properties <strong>and</strong> Hotels Pvt.<br />

Ltd. has been given the responsibility <strong>and</strong> is entitled to look after the litigation <strong>and</strong> enter<br />

257

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