Sportsfit World Private Limited v. Union Of India & ORS.

$~76 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 1462/2019, CM No. 6734/2019 SPORTSFIT WORLD PRIVATE LIMITED ..... Petitioner Through:

Mr. Inderbir Singh Alag, Sr. Adv., Mr. J.S. Lamba and Mr. R.S. Bisht, Advs.

versus UNION OF INDIA & ORS.

..... Respondents Through:

Mr. P.S. Singh, Sr. Panel Counsel with Mr. Raj Pal Singh, Adv. for UOI.

Mr. P.B.A. Srinivasan, Mr. Avinash Mohapatra and Mr. Abhay Kumar, Advs. for R2 and R3.

Mr. Aditya Swarup and Mr. Rajat Sehgal, Advs. for R4 and R5.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 24.04.2019 Pursuant to the order dated April 23, 2019, learned counsel appearing for the respondent Bank has handed over to Mr. Inderbir Singh Alag, learned Sr. Counsel appearing for the petitioner a communication dated April 23, 2019 of the respondent Andhra Bank addressed to him showing the NPV as Rs.6,47,71,532/-.

Mr. Alag states, since NPV is higher than the outstanding loan amount of Rs.3.18 crores, he wishes to withdraw the petition to approach the

Bank for possible settlement.

The petition is dismissed as withdrawn.

CM No. 6734/2019 Dismissed as infructuous.

V. KAMESWAR RAO, J APRIL 24, 2019/jg