Lifeline Vincom, Shining Vyapaar Settle Rs 50L

Authority: High Court at Calcutta, Commercial Division

Order Date: July 30, 2026

Case Overview

• Parties: Lifeline Vincom Private Limited and Shining Vyapaar Private Limited (decree‑holders) vs. Nilkantha Saha and Priyanti Construction Private Limited (judgment‑debtors).
• Execution applications: EC‑COM/511/2024 (Lifeline Vincom vs. Nilkantha Saha), EC‑COM/512/2024 (Shining Vyapaar vs. Priyanti Construction), EC‑COM/8/2025 (Shining Vyapaar vs. Nilkantha Saha).
• Principal amount due to decree‑holders across the three decrees: Rs 30,00,000.
• Amount already paid in connection with a related criminal proceeding: Rs 3,00,000.
• Pay orders tendered by the judgment‑debtors total Rs 50,01,000, detailed as follows:

1. Priyanti Construction to Shining Vyapaar Pvt Ltd – DD No: 025088 dated 23‑07‑2026 Rs 16,00,000; DD No: 025109 dated 28‑07‑2026 Rs 67,000; Total Rs 16,67,000.

2. Nilkantha Saha to Lifeline Vincom Pvt Ltd – DD No: 025089 dated 23‑07‑2026 Rs 16,00,000; DD No: 025110 dated 28‑07‑2026 Rs 67,000; Total Rs 16,67,000.

3. Nilkantha Saha to Shining Vyapaar Pvt Ltd – DD No: 602905 dated 27‑07‑2026 Rs 16,00,000; DD No: 025111 dated 28‑07‑2026 Rs 67,000; Total Rs 16,67,000.

• Criminal proceedings linked to the same debts:
• CS 121633 OF 2022 (Priyanti Construction vs. Shining Vyapaar) – judgment‑debtors convicted; appeal pending as Criminal Appeal No. CA 19 of 2016 in Chief Session Court, Kolkata.
• CS‑121636 OF 2022 (Nilkantha Saha vs. Lifeline Vincom) – Nilkantha Saha convicted; appeal pending as Criminal Appeal No. CA 67 of 2026 in Chief Session Court, Kolkata.
• CS 121632 OF 2022 (Nilkantha Saha vs. Shining Vyapaar) – filed by decree‑holders; pending at Trial Court.

Final Outcome

• The decree‑holders, represented by Adv. Rohit Banerjee, accepted all three pay orders amounting to Rs 50,01,000 as full and final settlement of the entire claim.
• Decree‑holders undertook not to pursue any further claim against the judgment‑debtors arising from the three decrees and to withdraw the related criminal appeals.
• With mutual consent, the Court disposed of execution proceedings EC‑COM/511/2024, EC‑COM/512/2024 and EC‑COM/8/2025, holding the connected decrees satisfied.

Topics: Civil Execution Settlement, Commercial Litigation