Andhra Bank v. Sterling Biotech Ltd. And 3 Others

1/2 903.cp.217.2015.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 217 OF 2015 JP Morgan Chase Bank NA .. Petitioner Vs.

Sterling Biotech Limited .. Respondent WITH COMPANY PETITION NO. 21 OF 2017 HDFC Bank Ltd.

.. Petitioner Vs.

Sterling Biotech Limited .. Respondent WITH COMPANY APPLICATION (LODG.) NO. 199 OF 2018 IN COMPANY PETITION NO. 729 OF 2015 Andhra Bank .. Petitioner Vs.

Sterling Biotech Limited .. Respondent Ms. Sonam Sethia i/b Juris Corp. Advocates for petitioner in CP/217/2018. Mr.Dharam Jumani a/w. Ms.Namita Shetty i/b Cyril Amarchand Mangaldas for petitioner in CP/21/2017.

Ms.Pooja Kshirsagar i/b AZB and Partners for applicant in CAL/199/2018 (Andhra Bank).

---- CORAM : K.R.SHRIRAM, J.

DATE : 19th JUNE, 2018 P.C.:

Ms. Sethia appearing for petitioner in Company Petition No.217 of 2017 and Mr. Jumani appearing for petitioner in Company Petition No.21 of 2017 states that their instructions are to withdraw the petition with liberty to prosecute the claim with the Insolvency Resolution Professional (IRP). Shraddha Talekar, PS

2/2 903.cp.217.2015.doc Therefore, Company Petition No. 217 of 2017 and Company Petition No. 21 of 2017 dismissed as withdrawn with liberty as sought. IRP to consider the claims of petitioner in Company Petition No.217 of 2017 and Company Petition No.21 of 2017 and dispose the same in accordance with law.

COMPANY APPLICATION (LODG.) NO. 199 OF 2018 In view of the above order passed, Ms. Kshirsagar for applicant seeks leave to withdraw the company application.

Company Application dismissed as withdrawn.

Notwithstanding disposal of the company application, Ms. Kshirsagar states that within two weeks from today, applicant will remove all office objections and have the application finally numbered. Statement accepted as an undertaking to this Court.

Application disposed accordingly.

(K.R. SHRIRAM, J.) Shraddha Talekar, PS