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