Bombay High CourtCA/297/2016disposed off

S. S. Steel Company v. Essar Project (India) Ltd.

2016-05-05Hon'Ble Shri Justice S.C. Gupte2 pages

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910. CAL377-16.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (L) NO.377 OF 2016 IN COMPANY PETITION NO.766 OF 2015 S.S. Steel Company ..

Applicant/Orig.

Petitioner In the matter between :

S.S. Steel Company ..

Applicant/Orig.

Petitioner

Versus

Essar Project (India) Ltd ..

Respondent .....

Mr. Pradosh S. Patil i/b Lex Juris for the Applicant. Mr. Harsh Behany i/b Maniar Srivastava Associates for the Respondent. .....

CORAM : S.C.GUPTE, J.

DATE : 5 MAY 2016.

P.C. :

The Company Application seeks an order for withdrawal of the amount of Rs.3,94,796/- (Rs.Three Lacs Ninety Four Thousand Seven Hundred Ninety Six Only), deposited by the Respondent-Company with this Court with accrued interest, if any. Learned Counsel for the Respondent-Company has no objection to the amount being paid to the Applicant/Original Petitioner as prayed for, subject to withdrawal of the Summary Suit filed by the Applicant against the Respondent herein. Learned Counsel for the Applicant undertakes to this Court to withdraw the

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910. CAL377-16.doc Summary Suit within a period of six weeks from today. The undertaking is accepted. The Company Application is allowed in terms of prayer clause- (a). The Company Application, accordingly, is disposed of. (S.C.GUPTE, J.)