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Calcutta High CourtEC/107/2017dismissed

Indusind Bank Limited v. M/S Rlbi Infra Projects Private Liited & ANR.

2023-12-05Hon'Ble Justice Ravi Krishan Kapur1 pages

O-178

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE EC/107/2017 INDUSIND BANK LIMITED VS M/S RLBI INFRA PROJECTS PRIVATE LIITED & ANR.

BEFORE:

The Hon'ble JUSTICE RAVI KRISHAN KAPUR Date : 5th December, 2023.

Appearance:

Mr. Sayak Ranjan Ganguly, Adv.

Ms. Srijani Ghosh, Adv.

...for the award-holder.

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/107/2017 stands dismissed. Interim orders, if any, stand vacated.

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.pal