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High Court of DelhiW.P.(C)/9393/2019

M/S Sidha Neelkanth Paper Industries Pvt. Ltd. And ANR. v. Andhra Bank And ORS.

2019-08-30Hon'Ble Dr. Justice S.Muralidhar,Hon'Ble Mr. Justice Talwant Singh2 pages

$~27 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 9393/2019 M/S SIDHA NEELKANTH PAPER INDUSTRIES PVT. LTD. AND ANR.

..... Petitioners Through:

Ms. Nina Nariman and Mr. Achin Mittal, Advocates.

versus ANDHRA BANK AND ORS.

..... Respondents Through:

Mr. Rajeeve Mehra, Senior Advocate with Mr. Abu John Mathew, Mr.

Vikram Babbar, Mr. Manubhav Anand and Mr. Rajnesh Sharma, Advocates for R-2.

M.r Ratan K. Singh and Mr.N.

Krishnan, Advocates for R-4.

CORAM:

JUSTICE S.MURALIDHAR JUSTICE TALWANT SINGH

O R D E R

% 30.08.2019

1. Learned counsel for the Petitioner, on instructions, seeks leave to withdraw this petition with liberty to approach the Debt Recovery Tribunal (DRT) in the pending SA No. 264/2013 to seek to challenge the auction sale which took place on 5th December, 2018 in accordance with law.

2. The Court makes it clear while dismissing this petition with liberty as

prayed for that the contentions of the Respondents in SA No. 264/2013 or any further application by the Petitioner are left open to be urged before the DRT.

S. MURALIDHAR, J.

TALWANT SINGH, J.

AUGUST 30, 2019 mr