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Calcutta High CourtEC/151/2018dismissed as withdrawn

Kotak Mahindra Bank Limited v. Kaybee Natural Resources Pvt. Ltd. & ORS.

2024-01-19Hon'Ble Justice Ravi Krishan Kapur1 pages

O-46

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE EC/151/2018 IA NO: GA/1/2022 KOTAK MAHINDRA BANK LIMITED VS KAYBEE NATURAL RESOURCES PVT. LTD. & ORS.

BEFORE:

The Hon'ble JUSTICE RAVI KRISHAN KAPUR Date : 19th January, 2024.

Appearance:

Ms. Shrayashee Das, Adv.

Mr. Rohan Kumar Thakur, Adv.

The Court: It is fairly submitted by the award-holder that they do not want to proceed any further with this execution application since the subject asset is not traceable.

In such circumstances, EC/151/2018 stands dismissed as withdrawn. Interim orders, if any, stand vacated.

GA/2/2022 stands disposed of.

Liberty is granted to the award-holder to file a fresh execution application if the circumstances so warrant in accordance with law. Liberty is also granted to the award-holder to take back the original award after replacing the same with the photocopy thereof. (RAVI KRISHAN KAPUR, J.) S.Bag