Dbs Bank India Limited vs Cheerful Trade And Realty Developers … on 6 March, 2025

Date:

1. In these appeals preferred under Section 13(1-A) of the
Commercial Courts Act, 2015 (Act of 2015), the appellants
have questioned the validity of order dated 5th June 2023 by
which application for injunction filed by Cheerful Trade and
Realty Developers Pvt. Ltd. (formerly known as Prawas Leasing
& Finance Pvt. Ltd.) (plaintiff No.1) and Aristo Realty

Basavraj Page | 2

21452.23-comapl+.docx

Developers Ltd. (plaintiff No.2), has been allowed and the ad-
interim order of injunction dated 26 th October 2021 has been
made absolute. In order to appreciate the appellants’ challenge
to the impugned order, relevant facts need mention, which are
stated infra.



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