Magma Fincorp Limited v. Rahman Ahamad And ANR.

OD-68 ORDER SHEET

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE [Via Video Conference] AP/239/2019 MAGMA FINCORP LIMITED

Versus

RAHMAN AHAMAD AND ANR.

BEFORE:

The Hon'ble JUSTICE RAVI KRISHAN KAPUR Date : 6th September, 2021 Appearance:

Mr. Paritosh Sinha, Adv.

Mr. K. K. Pandey, Adv.

Mr. S. B. Dasgupta, Adv.

The Court : It is submitted on behalf of the petitioner that during the pendency of this application under Section 9 of the Arbitration & Conciliation Act, 1996 an Arbitrator has been appointed and the arbitration proceeding has since commenced.

In view of the submissions made on behalf of the petitioner AP 239 of 2019 stands disposed of. Liberty is granted to the petitioner to avail of its remedies in accordance with law before the Learned Arbitrator. Interim orders, if any, stand vacated. The Receiver also stands discharged. (RAVI KRISHAN KAPUR, J.) S.Bag/(GH)