M/S Eider Technologies Ltd v. Chairman & Managing Director Ifci Bank & ORS

$~13 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 7696/2016 M/S EIDER TECHNOLOGIES LTD ..... Petitioner Through:

Mr. Chirag Jamwal, Adv.

versus CHAIRMAN & MANAGING DIRECTOR IFCI BANK & ORS ..... Respondent Through:

Mr. S.S. Ahluwalia, Adv. with Mr. Jatin Teotia, Adv. for R-1 Mr. Vikas Mahajan, AAG for the State of Himachal Pradesh with Mr. Aakash Varma, Adv.

Mr. Amit Bansal, Adv. with Ms. Seema Dolo, Adv. for R-3 Mr. Tahir Ashraf Siddiqui, Adv. for R-6/ICICI Bank Mr. Satpal Singh, Adv. for R-10

CORAM:

HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 08.10.2018 In view of the repeal of the Sick Industries Companies (Special Provisions) Repeal Act, 2003, which came into force with effect from 1st December, 2016, no indulgence can be made into the matter as the Board for Industrial and Financial Reconstruction established under Section 4 of the Sick Industrial Companies (Special Provisions) Act, 1985 and the Appellate

Authority stand dissolved.

Petitioner may take recourse to the remedy which is presently available under the law.

The writ petition stands disposed of as such. CHIEF JUSTICE V. KAMESWAR RAO, J OCTOBER 08, 2018/ak