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Supreme Court of India

Hsbc Pi Holdings (mauritius) Limited v. Pradeep Shantipershad Jain & Ors

Neutral citation
Reported as [2022] 15 S.C.R. 430
Bench M. R. Shah and Aniruddha Bose JJ.
Decided 11 July 2022

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

In view of the above and for the reasons stated above, we hold the respondents guilty for deliberate and wilful disob edience of judgment and order dated 19.08.2020 passed by this Court in Civil Appeal No. 5158/2016 as well as order dated 06.05.2021 passed by this Court in the present petition.

Judgment, page 27

From the headnote

Contempt of Courts Act, 1971 – Contempt of Court – When – Held: Sufficient opportunities have been given to the respondents to deposit the shortfall amount so as to maintain a sum of USD 60 million in their Corporation Bank account – Defence on their behalf lacks bona fides – Respondents cannot be permitted to make the same submissions which have not been accepted and/o r rejected earlier – Repetitive submissions which have not bee n accepted earlier by court that itself is a wilful disobedience and t antamount to contempt showing the conduct on the part of the c ontemnors – Respondents are

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