Union Bank Of India v. Nakshatra Steel Sales & Services Ltd. & ORS.

$~18 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CO.APP. 9/2017 & CMs 25004-06/2017 UNION BANK OF INDIA ..... Appellant Through : Mr. Janendra Lal with Ms. Yasmin Tarapore, Advocates versus NAKSHATRA STEEL SALES & SERVICES LTD. & ORS.

..... Respondents Through : None.

CORAM:

HON'BLE MS. JUSTICE HIMA KOHLI HON'BLE MS. JUSTICE DEEPA SHARMA

O R D E R

% 18.07.2017 1.

The appellant/Bank is aggrieved by the order dated 19.5.2017 passed by the learned Company Judge in CCP (CO) No.10/2014 filed by the respondent No.1.

2.

After addressing arguments for some time, learned counsel for the appellant/Bank seeks leave to withdraw the present appeal, while reserving the right of the appellant/Bank to approach the learned Company Judge with an application seeking appropriation of a sum of Rs.4.00 crores that has been directed to be kept separately in a no lien account. CO.APP. 9/2017 Page 1 of 2

3.

Leave, as prayed for, is granted. The appeal is dismissed as withdrawn, along with the pending applications. HIMA KOHLI, J DEEPA SHARMA, J JULY 18, 2017 sk CO.APP. 9/2017 Page 2 of 2