Vistra Itcl (India) Limited v. Reliance Capital Ltd. And 23 ORS.

(18)COMS174-2021.doc rajshree

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL SUIT NO.174 OF 2021 WITH LEAVE PETITION (L ) NO.9279 OF 2020 WITH INTERIM APPLICATION NO.1896 of 2021 WITH INTERIM APPLICATION NO.2192 of 2021 WITH INTERIM APPLICATION NO.2208 OF 2021 IN COMMERCIAL SUIT NO.174 OF 2021 Vistra ITCL (India) Limited ] ..

Plaintiff vs.

Reliance Capital Ltd. & Ors.

] ..

Defendants Mr.Siddhart Ranade a/w Aviva Jogani i/b Trilegal for the Plaintiff. Mr.Tushad Kakalia a/w Paresh Patkar i/b Mulla & Mulla & Craigie Blunt & Caroe for Defendant No.1.

Digitally signed by RAJSHREE KISHOR MORE Date:

2024.03.26 13:27:57 +0530 Ms.Kalyani Wagle i/b T.N. Tripathi & Co. for Defendant No.10. RAJSHREE KISHOR MORE Ms.Madhura Kulkarni i/b Juris Corp. for Respondent No.24, Credit Suisse.

Ms.Priyamvada Singhani ai/b DSK Legal for the Applicants in IA No.1896/2021.

CORAM :

BHARATI DANGRE, J DATE :

22nd March, 2024.

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(18)COMS174-2021.doc P.C.

1] The learned counsel for the Plaintiff, on instructions, seek permission to withdraw the Suit, in the wake of the plan being approved in the IBC proceedings before the NCLT, Mumbai. Permission is granted.

The learned counsel for the Plaintiff, however, seek liberty to invoke appropriate proceedings, in case the resolution plan is not implemented and for any reason if the implementation is failed. The learned counsel for the Defendant has no difficulty in reserving such a liberty.

2] In the wake of above, the Suit stand disposed off as withdrawn with liberty as prayed for.

Refund of court fees, if permissible, is allowed. 3] In the wake of disposal of the Commercial suit, pending Interim Applications also stand disposed off.

4] In the wake of above, Leave Petition (L) No.9279/2020 stand disposed off.

[BHARATI DANGRE, J] 2/2