V3 Polyplast Private Limited vs Rajasthan Hosiery Factory Private … on 2 July, 2025

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Calcutta High Court

V3 Polyplast Private Limited vs Rajasthan Hosiery Factory Private … on 2 July, 2025

Author: Shampa Sarkar

Bench: Shampa Sarkar

     ORDER                                                             OCD-17
                      IN THE HIGH COURT AT CALCUTTA
                           COMMERCIAL DIVISION
                              ORIGINAL SIDE

                          AP-COM/492/2025
                    V3 POLYPLAST PRIVATE LIMITED
                                 VS
              RAJASTHAN HOSIERY FACTORY PRIVATE LIMITED


BEFORE:
The Hon'ble JUSTICE SHAMPA SARKAR
Date: 2nd July 2025.
                                                                     Appearance:-
                                                           Mr. Rajarshi Dutta, Adv.
                                                            Mr. Debraj Sahoo, Adv.
                                                           Ms. Sucheta Mitra, Adv.
                                                             Ms. Shreya Saria, Adv.
                                                          Mr. Tamaghna Saha, Adv.
                                                                   ...for petitioner.



1.

An application for interim measures under Section 9 of the Arbitration

and Conciliation Act, 1996 has been filed, once again. On April 21, 2025,

the first application for interim protection was dismissed as withdrawn by

this Court, with the observation that unless the petitioner movedthe

MSME Council for interim protections, the petitioner could not approach

the High Court straightaway for interim orders. The petitioner had not

availed of its rights under Section 17 of the said Act before approaching

the High Court. The Court was of the view that no exceptional situation

had been established which would persuade the Court to exercise

discretion under Section 9(3) of the said Act. Section 17 of the said Act

would be applicable as the proceeding before the MSME Council was

under Section 18(3) of the MSME Act.The conciliation had failed and was
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terminated. Under such circumstances, the earlier application was

dismissed as withdrawn upon Mr. Dutta submitting that the MSME

Council would be approached. This Court had granted liberty to the

petitioner to approach the Court in future, under any exceptional

situation.

2. It is submittedthat an application was filed on May 3, 2025 for interim

protection, but the MSME Council has not yet fixed the date of hearing of

the same. In my view, this is not an exceptional situation which would

warrant order from this Court.

3. The MSME Council is requested to take up the matter urgently. Liberty is

granted to the petitioner to approach the Council with a copy of this order

and seek a date of hearing of the application under Section 17 of the said

Act. This Court reposes faith and trust that the said application will be

heard and disposed of by the Council within a short period, upon hearing

all the parties.

4. This court has not expressed any opinion on the merits of the matter.

5. The application is disposed of.

(SHAMPA SARKAR, J.)

S. Kumar / R.D. Barua



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