Kotak Mahindra Bank Limited v. Gi International Pvt. Ltd And ORS.

OD - 35 ORDER SHEET

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE EC/306/2019 KOTAK MAHINDRA BANK LIMITED VS GI INTERNATIONAL PVT. LTD AND ORS.

BEFORE:

The Hon'ble JUSTICE RAVI KRISHAN KAPUR Date : 8th April, 2024.

Appearance:

Ms. Shrayashee Das, Adv.

Mr. Himanshu Bhawsinghka, Adv.

Mr. Rohan Kumar Thakur, Adv.

The Court : It is submitted on behalf of the award holder that in view of the subsequent events which have transpired after the filing of this proceeding, the respondent is facing insolvency proceedings before the National Company Law Tribunal.

Accordingly, EC/306/2019 stands dismissed.

Liberty is granted to the award holder to take appropriate steps in accordance with law, if the circumstances so warrant. (RAVI KRISHAN KAPUR, J.) mg