Bombay HC Issues Show-Cause Notice To Shahs Over ₹700-Crore Decretal Amount
Mumbai: The Bombay High Court has issued show-cause notices to three developers asking why they should not be detained in civil prison for allegedly failing to pay a decretal amount arising from an arbitral award. Justice Rajesh Patil, in an order pronounced on September 29, 2026, clarified that the order does not amount to their arrest or detention. The three — Kishor N. Shah, Vimal K. Shah and…
The Bombay High Court has issued show-cause notices to three developers, Kishor N. Shah, Vimal K. Shah, and Nainesh K. Shah of Joyce Realtors Pvt Ltd, over a ₹700-crore decretal amount arising from an arbitral award. The proceedings stem from an arbitral award made by a three-member tribunal in May 2019, directing the Shahs to pay Rs 106.61 crore with interest and Rs 16.56 crore towards compensation.
The court examined Section 51 of the Code of Civil Procedure, which permits arrest and detention in execution proceedings only after prescribed conditions are satisfied. Justice Patil held that the material on record made out a case for issuing a show-cause notice, noting that the judgment debtors had "means to pay at least some substantial part of the award amount" but had not paid or deposited such amount.
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