Punjab National Bank v. Shiv-Vani Oil And Gas Explorations Services Limited & ANR.

$~108 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.APP. 13/2024 CM APPL. 24669/2024 PUNJAB NATIONAL BANK .....Appellant Through:

Mr Hashmat Nabi and Ms Farah Naaz, Advocates versus SHIV-VANI OIL AND GAS EXPLORATIONS SERVICES LIMITED & ANR.

.....Respondents Through:

Ms Ruchi Sindhwani, SSC and Ms Megha Bharara, Advocate for Official Liquidator.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MS. JUSTICE TARA VITASTA GANJU

O R D E R

% 21.10.2024 1.

The learned counsel for the appellant seeks to withdraw the captioned appeal while reserving the rights of the appellant to claim the amount towards the protection of the secured assets before the National Company Law Tribunal. The learned counsel for the appellant also submits that the amount deposited before this Court may be released to the Official Liquidator.

2.

In view of the above, the present appeal is dismissed as withdrawn with the aforesaid liberty. The amount deposited by the appellant bank with the Registry of this Court is directed to be released forthwith to the Official Liquidator. It is clarified that all the rights and contentions of the parties are The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/10/2024 at 14:20:55

reserved. Pending application also stands disposed of. VIBHU BAKHRU, J TARA VITASTA GANJU, J OCTOBER 21, 2024 M Click here to check corrigendum, if any The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/10/2024 at 14:20:55