M/S Parvesh Builder And Developer Pvt. Ltd. v. M/S U.V. Asset Reconstruction Company Ltd.

$~38 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 2396/2017 and CM No. 10343/2017 M/S PARVESH BUILDER AND DEVELOPER PVT. LTD.

..... Petitioner Through:

Mr Hashmat Nabi, Adv.

versus M/S U.V. ASSET RECONSTRUCTION COMPANY LTD.

..... Respondent Through:

Mr Amit Bansal, Ms Priyadarshini Verma and MR Sahir Garg, Advs for R-1 Mr Bonny Mehra, Adv for R-2 Mr Manish Bishnoi, Adv for R-3

CORAM:

HON'BLE MS. JUSTICE INDERMEET KAUR

O R D E R

% 04.08.2017 Learned counsel for the petitioner seeks permission of this court to withdraw this petition. His submission is that in view of the order passed by the Division Bench in W.P.(C) 5964/2016 which had disposed of that petition on 12.07.2017, no further orders are called for in this petition as the subject matter of this property has since been transferred to the DRT, Jaipur to be dealt with in accordance with law by its Recovery Officer therein.

At this stage, learned counsel for respondent No. 3 submits that it is unfortunate that it was not brought to the notice of the Division

Bench that the subject matter of this property has now been sold to respondent No. 3 and he has an independent right of this property. This court is not really getting into the merits of the matter. In view of the submission made by the learned counsel for the petitioner that he seeks permission to withdraw this petition, permission granted.

Petition dismissed as withdrawn.

INDERMEET KAUR, J AUGUST 04, 2017 SU