MAGMA LEASING LTD. THROUGH ITS CONSTITUTED ATTORNEY MR. VIJAY JOSHI vs M/S.HCL INFOSYSTEMS LTD. THROUGH ITS MANAGING DIRECTOR — C.A. No. 7104/2009
Case under Section XIV-A. Status: DISPOSED.
CNR: SCIN010135822008
Filing Date
07-May-2008
Registration No
C.A. No. 7104/2009
Diary Number
13582/2008
Order Date
30-Jan-2020
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Data as of 03-Jul-2026
Acts & Sections
Petitioner(s)
MAGMA LEASING LTD. THROUGH ITS CONSTITUTED ATTORNEY MR. VIJAY JOSHI
Adv. SUSMITA LAL
Respondent(s)
M/S.HCL INFOSYSTEMS LTD. THROUGH ITS MANAGING DIRECTOR
Adv. ARPUTHAM ARUNA AND CO
Hearing History
Judge: HON'BLE MR. JUSTICE ARUN MISHRA, HON'BLE MR. JUSTICE VINEET SARAN and HON'BLE MR. JUSTICE M.R. SHAH
Ordinary
Ordinary
Ordinary
Ordinary
| Date | Purpose |
|---|---|
| 30-Jan-2020 | Ordinary |
| 27-Jul-2017 | Ordinary |
| 26-Jul-2017 | Ordinary |
| 25-Jul-2017 | Ordinary |
Orders
CASE SUMMARY: Magma Leasing Ltd. v. M/S. HCL Infosystems Ltd. (C.A. No. 7104/2009) Magma Leasing appealed a Delhi High Court decision affirming the lower court's order regarding interest payment disputes on delayed lease installments. The Supreme Court upheld the lower courts' findings that certain interest claims were time-barred under the three-year limitation period, with each installment's default creating a separate cause of action. Finding no acknowledgment of default by HCL Infosystems, the Court dismissed Magma's appeal as devoid of merit on January 30, 2020. This case analysis is maintained by casestatus.in based on publicly available court records.
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