M/S Super Steel Casting Ltd v. Board For Industrial & Financial Reconstruction And ORS

$~10.

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ W.P.(C) 2998/2016 and CM APPL. 12585/2016 M/S SUPER STEEL CASTING LTD ..... Petitioner Through: Mr. Pankaj Jain, Advocate versus BOARD FOR INDUSTRIAL & FINANCIAL RECONSTRUCTION AND ORS ..... Respondents Through: Mr. Manish Mohan, CGSC with Ms. Manisha Saroha and Ms. Priyansha Sinha, Advocates for R-1.

Mr. D.R. Jain, Senior Standing Counsel with Mrs. Sapna Jain, Advocate for R-2.

Mr. Swetaketu Mishra, Advocate for R-3.

CORAM:

HON'BLE MS. JUSTICE HIMA KOHLI HON'BLE MS. JUSTICE SANGITA DHINGRA SEHGAL

O R D E R

% 23.05.2017 1.

Counsel for the petitioner seeks leave to withdraw the present petition on the ground that both, the AAIFR and BIFR stand dissolved. He, however, reserves the right of the petitioner to seek legal recourse before the NCLT against the secured/unsecured creditors of the company, as permissible in law.

2.

Leave, as prayed for, is granted. The petition is dismissed as withdrawn alongwith the pending application.

HIMA KOHLI, J SANGITA DHINGRA SEHGAL, J MAY 23, 2017/rkb/ap