Mesne Profit Proceedings Limited Following Change of Management Under IBC: Calcutta HC

Assam Company India Limited Vs Numazar Dorab Mehta And Ors (Calcutta High Court) This appeal before the Calcutta High Court arose from an order dated December 13, 2023, disposing of two interlocutory applications in a long-pending civil suit relating to possession and mesne profits. The appellant, a defendant in the original suit, challenged the refusal to dismiss the suit and the direction to proceed with quantification of mesne profits. The respondents had instituted a civil suit in January 2007 seeking possession of immovable property and mesne profits. Possession was decreed in their favou...