Malayan Banking Berhad v. Punjab National Bank & ORS

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ FAO(OS) 504/2015 MALAYAN BANKING BERHAD ..... Appellant Through :

Mr Ravinder Sethi, Sr Advocate with Mr Ajay Monga, Mr Ateev Mathur and Ms Jagriti Ahuja and Ms Devmani Bansal versus PUNJAB NATIONAL BANK & ORS ..... Respondents Through :

Mr Rajiv Nayar, Sr Advocate with Mr Pallav Saxena, Mr Kamal Kishore, Ms Bindhu Dass along with Mrs Priyanka, Official from PNB.

CORAM:

HON'BLE MR. JUSTICE BADAR DURREZ AHMED HON'BLE MR. JUSTICE SANJEEV SACHDEVA

O R D E R

% 07.09.2015 CAV 931-933/2015 The learned counsel for the respondent No.1/ caveators is present. The caveats stand discharged.

CM 18366/2015 Allowed subject to all just exceptions.

CM 18365/2015(condonation of delay) The delay in filing the appeal is condoned.

This application stands disposed of.

FAO(OS) 504/2015 & CM 18364/2015(stay) We have heard the learned counsel for the parties. We are not going into the merits of the matter for the present inasmuch as the application, being IA 11722/2015, is still pending before the learned Single Judge. We only feel that an early date of hearing should be given in this matter as an interim order is operating against the appellant.

Accordingly, we direct that the said IA 11722/2015 be listed before the learned Single Judge on 15.09.2015, in the first instance, for directions. The learned counsel for the appellant undertakes to inform all the other respondents, who are not present, through the counsel, who appeared for the parties, in the suit before the learned Single Judge. The remaining respondents, who have not yet entered appearance in the suit, may be served through e-mail. It will be open to the learned Single Judge to determine as to whether the service to them is necessary or not.

The appeal stands disposed of.

BADAR DURREZ AHMED, J SEPTEMBER 07, 2015 SANJEEV SACHDEVA, J SR