Jct Limited v. Indian Bank

CWP-15450-2024 -1IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CWP-15450-2024 Date of decision:30.09.2024 JCT Limited ... Petitioner Vs.

Indian Bank & others ... Respondents

CORAM:

HON'BLE MRS. JUSTICE LISA GILL.

HON'BLE MRS. JUSTICE SUKHVINDER KAUR.

Present:

Mr. Shikhar Sarin, Advocate for the petitioner. Mr. Rajesh Garg, Sr. Advocate with Mr. Ashish Chaudhary, Advocate for respondents No.1 to 5. Mr. Manish Jain, Advocate for respondent No.6. ...

LISA GILL, J. (ORAL).

1.

Prayer in this writ petition is for quashing communication dated 17.05.2024 (Annexure P-3), whereby respondent No.1/bank has rejected the resolution plan dated 29.04.2024 (Annexure P-18) submitted by petitioner-company.

2.

Learned counsel for respondents submit that in the matter before learned NCLT, arguments have been heard and orders reserved, therefore this petition be dismissed.

3.

Learned counsel for petitioner-company at this stage seeks to withdraw this writ petition with liberty to petitioner-company to avail remedy(ies) available to it in accordance with law. HARJEET KAUR 2024.10.04 17:51 I attest to the accuracy and integrity of this document HIGH COURT CHANDIGARH

CWP-15450-2024 -24.

Accordingly, writ petition is dismissed as withdrawn with liberty as prayed for.

(LISA GILL) JUDGE ( SUKHVINDER KAUR ) JUDGE 30.09.2024 harjeet

1. Whether speaking/reasoned?

Yes/No

2. Whether reportable?

Yes/No HARJEET KAUR 2024.10.04 17:51 I attest to the accuracy and integrity of this document HIGH COURT CHANDIGARH