Unicredit Bank Austria Ag v. Sk Agrotech Industries Limited

12 nma 339-19=.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO. 339 OF 2019 IN APPEAL No. 603 OF 2016 IN COMPANY PETITION NO. 341 OF 2013 Unicredit Bank Austria AG ... Applicant V/s.

SK Agrotech Industries Ltd.

... Respondent Ms. Usha Shrivastava with Ms. Nupur Awasthi i/b Consulta Juris for the Applicant.

Mr. Chirag Balsara i/b Shailesh Chavan for the Respondent.

CORAM: K.K.TATED, & SARANG V. KOTWAL JJ.

DATE : 03rd FEBRUARY 2020 P.C.

Heard learned Counsel for the parties.

After arguing for some time, both the Counsel submit Minutes of order dated 03.02.2020. Same is taken on record and marked "X" for identifcation, which reads thus:

"

MINUTES OF ORDER

1. Counsel for the Respondent on instruction of the Director Mr. Shankar Kashid who is present in Court states that pending the hearing and fnal disposal of this Appeal, the Respondent will not create any third party rights of the SMC coextrusion line Machine except with the leave of this Court.

2.

Counsel for the Respondent also states Sneha Chavan 1/2

12 nma 339-19=.odt that hereafter the Respondent will not hypothecate or create charge in respect of the said SML co-extrusion line machine till the disposal of the Appeal without leave of this Court.

3.

The aforesaid statement is made without prejudice to the rights and contentions of the parties hereto.

4.

Notice of Motion be disposed of in terms of the order.

5.

No order as to costs."

Notice of Motion stands disposed of in terms of Minutes of Order.

No order as to costs.

(SARANG V. KOTWAL, J.) (K.K.TATED, J.) Sneha Chavan 2/2