← Library
High Court for State of TelanganaWP/1812/2014dismissed

M/S. Victory Transformers And Switchgears Ltd, v. State Bank Of India,

2017-07-04Sanjay Kumar,Gudiseva Shyam Prasad2 pages

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE GUDI SEVA SHYAM PRASAD WRI T PETI TI ON No. 1812 of 2014 ORDER: (per SK, J) Sri T. Balmohan Reddy, learned counsel for the petitionercompany, would fairly state that in the light of the subsequent developments, the petitioner company would have to avail appropriate remedies before the National Company Law Tribunal, at Hyderabad. 2.

Reserving liberty to the petitioner to do so, the writ petition is dismissed. We make it clear that the writ petition is dismissed on this technical ground and this order would not preclude the Tribunal from dealing with the matter on its own merits and in accordance with law. Interim order dated 28.01.2014 shall stand vacated. Pending miscellaneous petitions shall also stand dismissed. No order as to costs. _________________ SANJAY KUMAR, J ___________________________ GUDI SEVA SHYAM PRASAD, J 04th July, 2017 KSM

THE HON'BLE SRI JUSTI CE SANJAY KUMAR AND THE HON'BLE SRI JUSTI CE GUDI SEVA SHYAM PRASAD WRI T PETI TI ON No. 1812 of 2014 04th July, 2017 KSM