Electronica Finance Limited v. Swastik Enterprise

$~12 & 13 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 450/2017 & IA No. 12995/2017 ELECTRONICA FINANCE LIMITED ..... Petitioner Through:

Mr.Zeeshan Ahmed, Proxy Counsel.

versus SWASTIK ENTERPRISE ..... Respondent Through:

Mr.Ankit A. Shah, Adv.

+ O.M.P.(I) (COMM.) 451/2017 & IA No. 12998/2017 ELECTRONICA FINANCE LIMITED ..... Petitioner Through:

Mr.Zeeshan Ahmed, Proxy Counsel.

versus SWASTIK ENTERPRISE ..... Respondent Through:

Mr.Ankit A. Shah, Adv.

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

O R D E R

% 05.04.2018 Counsel for the petitioner submits that as the arbitration proceedings have been initiated, he has instructions to withdraw the present petition with liberty to raise all the contentions before the Arbitrator. The petition is dismissed as withdrawn with liberty as prayed for. Interim order shall stand vacated without prejudice to the rights of either of the parties.

NAVIN CHAWLA, J APRIL 05, 2018/rv