LAWS(DLH)-2009-5-56

SHOES EAST LTD Vs. DELHI STOCK EXCHANGE ASSOC

Decided On May 06, 2009
SHOES EAST LTD Appellant
V/S
DELHI STOCK EXCHANGE ASSOC Respondents

JUDGEMENT

(1.) IA No. 14576/2008 this application under Section CPC has been made on behalf of the applicant/ plaintiff for amendment of respondent No. 201 Bajaj Capital investment Center Pvt. Ltd.

(2.) IT is submitted by applicant that in the suit filed by the plaintiff, plaintiff had made several respondents who were underwriters of the issue. However, inadvertently name of respondent at S. No. 201 was wrongly mentioned as bajaj Capital Financial Services instead of Bajaj Capital Investment Center private Limited. He submits that Bajaj Capital Financial Services and Bajaj capital Investment Centre Private Limited both were having same address and one was a partnership firm and the other was a private limited company and when notice was served by the Arbitrator of the arbitral proceedings, director of M/s Bajaj Capital Investment Center Pvt. Ltd. who was one of the underwriters also filed its affidavit in response. He stated that the error made in the memo of parties was merely a typographical error. The name of M/s. Bajaj Capital Financial Services appeared at Serial No. 190 as well as at 201 of the memo of parties. In fact at S. No. 201, it should be Bajaj Capital Investment centre Pvt. Ltd and the plaintiff should be allowed to correct the name.

(3.) THE application is opposed by counsel for M/s Bajaj Capital Investment center Pvt. Ltd. on the ground that M/s Bajaj Capital Investment Center Pvt. Ltd. was not a party to the proceedings before this Court in this Suit being CS (OS) 1299 of 1997 and had no opportunity to present its case before the court. He was not a party to the reference made by this Court and now he cannot be made a party.