Bombay High Court

Bombay HC: Textile Machinery Dispute Ends Further Investigation

Updated
Jan 25, 2026 10:54 PM
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Here's a simplified breakdown of a recent court decision from the Bombay High Court. It's about a complicated business dispute involving some serious claims. Let's make it easier to understand.

Background of the Case

This case involves a businessman named Dineshkumar Gokuldas Kalantry from Ahmedabad. He runs a textile machinery business called "M/s. Twist Spin Industries." On the other side is Dr. Prithi Paul Sethi, who is involved with "M/s. Presto Export Ltd." The problem started when some machinery was bought, and a business deal didn't work out.

The Claims

Back in July 2003, there was an agreement where Kalantry's company was supposed to transfer ownership of a textile company, "Devagiri Mills," to Presto Export Ltd. Dr. Prithi Paul Sethi claimed they handed over a huge ₹8.08 crore based on promises made by Kalantry's side. However, the deal didn't happen as expected, leading to claims of cheating and planning something unfair.

The Legal Battle

Dr. Prithi Paul Sethi first went to the Vakola Police Station, and later the case moved to the Metropolitan Magistrate Court in Bandra. The police initially said it was a business disagreement, but the court ordered a new investigation by the Economic Offences Wing (EOW) of Mumbai.

Court’s Decision on Further Investigation

On December 24, 2025, Justice S.M. Modak of the Bombay High Court made an important ruling:

  • The court decided not to allow more investigation into the case.
  • The judge noted that the police had already done two investigations and found nothing criminal.
  • Dr. Prithi Paul Sethi's request for more investigation was considered unnecessary at this point.

"A fair investigation means enough opportunity to investigate," said Justice Modak, emphasizing that the trial should continue with the evidence already gathered.

What’s Next?

The court has now instructed the trial to continue without any more investigation. This means the case will move forward with the evidence already available, and any new evidence can be considered during the trial.

The decision shows the court's effort to balance thorough investigation with timely justice.

Tags:
Business Disputes
Commercial Law
Fair Hearing