Electrosteel Castings Limited vs. Uv Asset Reconstruction Company Limited

Court:Supreme Court of India
Judge:Hon'ble M.R. Shah
Case Status:Disposed
Order Date:25 Mar 2022
CNR:SCIN010081872022

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Order Issued After Hearing

Purpose:

Mention Memo

Before:

Hon'ble M.R. Shah, Hon'ble B.V. Nagarathna

Stage:

FRESH (FOR ADMISSION) - CIVIL CASES

Remarks:

Dismissed as withdrawn

Listed On:

25 Mar 2022

In:

Judge

Category:

UNKNOWN

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Order Text

IN THE SUPREME COURT OF INDIA

CIVIL APPELLATE JURISDICTION

CIVIL APPEAL NO. 2044 OF 2022

ELECTROSTEEL CASTINGS LIMITED Appellant(s)

VERSUS

UV ASSET RECONSTRUCTION COMPANY LIMITED Respondent(s)

O R D E R

Mr. Mukul Rohatgi, learned Senior Advocate, appearing on behalf of the appellant seeks permission to withdraw the present Appeal.

Permission is, accordingly, granted.

The Appeal stands dismissed as withdrawn.

However, it goes without saying and even as observed by the NCLAT, the proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016 (for short 'IBC') shall be decided in accordance with law and on its own merits and all the contentions which may be available to the respective parties are kept open to be considered in the proceedings under Section 7 of the IBC.

.......................... J. (M.R. SHAH)

.......................... J. (B.V. NAGARATHNA)

New Delhi; March 25, 2022.

ITEM NO.34 Court 12 (Video Conferencing) SECTION XVII

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS

Civil Appeal No(s). 2044/2022

ELECTROSTEEL CASTINGS LIMITED Appellant(s)

VERSUS

UV ASSET RECONSTRUCTION COMPANY LIMITED Respondent(s)

(IA No.39949/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.39948/2022-STAY APPLICATION)

Date : 25-03-2022 This appeal was called on for hearing today.

CORAM : HON'BLE MR. JUSTICE M.R. SHAH HON'BLE MRS. JUSTICE B.V. NAGARATHNA

For Appellant(s)Mr. Mukul Rohatgi, Sr. Adv.
Mr. Neeraj Kishan Kaul, Sr. Adv.
Mr. Vikas Mehta, AOR
Ms. Bansuri Swaraj, Adv.
Mr. Rajat Sehgal, Adv.
Ms. Aarzoo Aneja, Adv.
Mr. Ramchandra Madan, Adv.
Mr. Bhaskar Nayak, Adv.
Mr. Apoorv Khator, Adv.
Mr. Adith Nair, Adv.
Ms. Akanksha Vigyan, Adv.
For Respondent(s)Mr. Shyam Divan, Sr. Adv.
Mr. Huzefa Ahmadi, Sr. Adv.
Mr. Dhruv Dewan, Adv.
Ms. Chandni Ghatak, Adv.
Mr. Mishra Saurabh, AOR

UPON hearing the counsel the Court made the following O R D E R

The Appeal stands dismissed as withdrawn in terms of the signed order.

(R. NATARAJAN) (NISHA TRIPATHI) ASTT. REGISTRAR-cum-PS BRANCH OFFICER (Signed order is placed on the file)