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High Court of DelhiCS(COMM)/1038/2018

Panacea Biotec Ltd. v. Edelweiss Asset Reconstruction Company Ltd.

2018-09-13Hon'Ble Mr. Justice Jayant Nath1 pages

$~OS-5 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CS(COMM) 1038/2018 PANACEA BIOTEC LTD.

..... Plaintiff Through Mr. Gaurav Varma, Adv.

versus EDELWEISS ASSET RECONSTRUCTION COMPANY LTD.

..... Defendant Through

CORAM:

HON'BLE MR. JUSTICE JAYANT NATH

O R D E R

% 13.09.2018 Learned counsel for the plaintiff states that the plaintiff has received a communication from the defendant for restructuring of financial assistance. He submits that in terms of the said restructuring proposal, he would like to withdraw the present suit.

The suit is accordingly dismissed as withdrawn. All pending applications, if any, also stand dismissed. JAYANT NATH, J SEPTEMBER 13, 2018 rb