Pp Agro India Limited & ORS. v. Ncml Finance Pvt. Ltd

$~1 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB. A. (COMM.) 58/2018 & I.A. 15853/2018 PP AGRO INDIA LIMITED & ORS.

..... Appellants Through Ms. Archana Pathak Dave, Mr. Ashok Vyas and Ms. Ankita Chaudhary, Advs.

versus NCML FINANCE PVT. LTD ..... Respondent Through Mr. Sunil Mittal, Sr. Adv. with Mr.

Puneet Bajaj and Mr. Amit Gupta, Advs. alongwith Mr. Pranav Chawla, AR in person.

CORAM:

HON'BLE MR. JUSTICE RAJIV SHAKDHER

O R D E R

% 29.11.2018 1.

Mr. Mittal, learned senior counsel, who, appears for the respondent takes an objection that the appeal is not maintainable as the value of claim is below Rs.2 crores.

1.1 Given this objection, learned counsel for the appellants says that she will withdraw the appeal and approach the appropriate Court, provided a leeway of two (2) weeks is given in that behalf. 1.2 As prayed, the appeal is dismissed as withdrawn. 2.

The appellants will file the appeal in the appropriate Court within two

(2) weeks from the date of receipt of a copy of the order. 3.

The learned Arbitrator will stand over the proceedings till 20.12.2018. ARB. A. (COMM.) 58/2018

4.

The appeal is disposed of in the aforesaid terms. 5.

Pending application shall also stand closed accordingly. 6.

Dasti under the signature of Court Master.

RAJIV SHAKDHER, J NOVEMBER 29, 2018 rb ARB. A. (COMM.) 58/2018