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High Court of DelhiCONT.CAS(C)/215/2018

Anil Kumar Jain v. M/S Cholamandalam Investment & Finanace Ltd

2018-03-23Hon'Ble Mr. Justice V. Kameswar Rao2 pages

$~52 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CONT.CAS(C) 215/2018 ANIL KUMAR JAIN ..... Petitioner Through:

Mr. P. Bhattacharya, Adv. with Mr.

Yashraj Singh, Adv.

versus M/S CHOLAMANDALAM INVESTMENT & FINANACE LTD ..... Respondent Through:

Mr.Sanjeev Bhandari, Adv. with Mr.

Gaurav Dhalya, A.R.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 23.03.2018 Mr. Sanjeev Bhandari appears for the respondent. He states, in view of the orders passed by this Court on March 03, 2018 and May 25, 2017, the receiver could not have been appointed by the concerned CMM. He fairly states that the auction notice issued on February 26, 2018 for March 31, 2018 shall be withdrawn. I take on record, the statement made by the learned counsel for the petitioner that an application filed by the petitioner under Section 340 Cr.PC before the CMM shall also be withdrawn. The learned counsel for the petitioner also states that the petitioner shall approach the respondent in the month of April, 2018 for a possible

settlement.

As desired by learned counsel for the parties, the contempt petition is closed. Notice is discharged.

V. KAMESWAR RAO, J MARCH 23, 2018/ak