Gajpati v. Magma Fincorp Limited

-1NAFR HIGH COURT OF CHHATTISGARH, BILASPUR MCC No. 452 of 2020

1. Gajpati, S/o Shri Shiv Prasad Maheswari, Aged About 31 Years

2. Shiv Prasad, S/o Shri Harilal Maheswari, Aged About 50 Years

3. Dharamlal S/o Shri Sadhram Aged About 60 Years All are Residents Of Village Jawali, Tahsil Dabhra, District JanjgirChampa, Chhattisgarh ---- Applicants

Versus

1. Magma Fincorp Limited As Per Registered Office 24 Park Street, Kolkata (West Bengal)

2. Branch Manager, Magma Fincorp Limited, Branch Office T. P. Nagar Korba, District Korba, Chhattisgarh -----Respondents For Applicant :

Mr. Ritesh Verma, Advocate For Respondents :

None Hon'ble Shri Justice P. Sam Koshy Order on Board 05.10.2020

1. The present MCC has been filed seeking restoration of Arbitration Appeal No. 26 of 2020, which got dismissed on account of a peremptory order dated 18.05.2020 passed by this Court.

2. For the reasons mentioned in the application and finding them to be satisfactory, the present MCC stands allowed and the Arbitration Appeal stands restored to its original number, subject to the applicants removing the default in the original appeal within a period of seven days from the date of receipt of copy of this Order, failing which the order passed in the present MCC would lose its efficacy.

3. Accordingly, the present MCC stands allowed and disposed off. Sd/- (P. Sam Koshy) Judge Rahul