SC Affirms Cost of Rs 5 Lakhs Imposed on Litigant for Frivolous Litigation’

Charu Kishor Mehta Vs Prakash Patel & Ors. (Supreme Court) Apart from making a bald statement of collusion between Defendant Nos. 1, 2 & 4 and the secured creditor, i.e., M/s. Phoenix A.R.C. Pvt. Ltd. there is nothing substantial as to how and as to what precise fraud has been committed. The only case of the Petitioner for creating a case of fraud is that the Petitioner’s name was not registered as a member of the society and the reason for not registering the name of the Petitioner as a member of the society was that the society, i.e., Defendant No.3 was in collusion with the secure...