M/S Hi Tech Generators v. Syndicate Bank & ANR

$~2 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ W.P.(C) 1277/2015 M/S HI TECH GENERATORS ..... Petitioner Represented by:

Mr.Hemant Uppal, Advocate versus SYNDICATE BANK & ANR ..... Respondents Represented by:

Mr.Amit Bansal, Advocate with Ms.Pryadarshini Verma, Advocate

CORAM:

HON'BLE MR. JUSTICE PRADEEP NANDRAJOG HON'BLE MS. JUSTICE MUKTA GUPTA

O R D E R

% 30.05.2016 CM No.21074/2016 Allowed subject to just exceptions.

CM No.21073/2016 1.

The order dated February 11, 2015 is clear.

No clarification is required. The order clearly shows that the petitioner agreed to deposit `2.25 crores.

It was further agreed that the learned Debts Recovery Tribunal before which the Original Application filed by the first respondent is pending shall consider all issues concerning correctness of the calculations of the dues payable by the petitioner and if final liability determined was less, learned Debts Recovery Tribunal would pass consequential directions W.P.(C) 1277/2015

and needless to state if the final liability was more the consequences would follow.

2.

The application is disposed of.

3.

No costs.

PRADEEP NANDRAJOG, J.

MUKTA GUPTA, J.

MAY 30, 2016 skb W.P.(C) 1277/2015