Kotak Mahindra Bank Limited v. Shreenikita Texofab Private Limited And ORS.

OD - 30 ORDER SHEET

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE EC/540/2019 KOTAK MAHINDRA BANK LIMITED VS SHREENIKITA TEXOFAB PRIVATE LIMITED 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 by the parties that during the pendency of this proceeding, parties have settled their disputes which has been recorded in the Memorandum of Understanding dated 29th March, 2024. In such circumstances, no purpose would be served in keeping this proceeding pending..

Accordingly, EC/540/2019 stands dismissed in terms of the Memorandum of Understanding.

In case of any default, liberty is granted to the award holder to file a fresh application if the circumstances so warrant in accordance with law. (RAVI KRISHAN KAPUR, J.) mg