Cicil Biochem Pvt.Ltd. ( Formerly Sunshakti Oil Refinery Pvt.Ltd.) v. Thane Bharat Sahakari Bank Ltd. And ORS

24. WP 10619.19.doc JPP

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 10619 OF 2019 CICIL Biochem Pvt. Ltd. (Formerly Sunshakti Oil Refinery Pvt. Ltd.) ... Petitioner V/s.

Thane Bharat Sahakari Bank Ltd. and Ors.

... Respondents None for the Petitioner Mr. Nikhil Rajani i/b. M/s. V.Deshpande & Co. Respondent No.1 Mr. N.K. Rajpurohit, AGP for Respondent - State CORAM : NITIN JAMDAR & MANJUSHA DESHPANDE, JJ.

DATE : 01 DECEMBER 2023 P.C. :- The learned Counsel for the Respondent - Bank states that the Petitioner is before the National Company Law Tribunal (NCLT). Resolution plan is also sanctioned and is being implemented and the interest of the Petitioner is adequately protected in view of the order passed by the NCLT and therefore, nothing would survive in this Petition.

24. WP 10619.19.doc 2.

Accordingly, we dispose of the Writ Petition. 3.

In case the cause survives, it is open to the Petitioner to seek restoration by filing an affidavit demonstrating how it survives, within a reasonable period.

MANJUSHA DESHPANDE, J.

NITIN JAMDAR, J.

by JYOTI PRAKASH PAWAR Date: 2023.12.04 12:59:14 +0530 JYOTI PRAKASH PAWAR