Magma Fincorp Limited v. Rakesh Agarwal & ANR.

ORDER SHEET EC No.245 of 2012

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE MAGMA FINCORP LIMITED

Versus

RAKESH AGARWAL & ANR.

BEFORE:

The Hon'ble JUSTICE ASHIS KUMAR CHAKRABORTY Date: September 29, 2020 [Through video conference] Appearance Mr. K. K. Pandey, Mr. Sreyash Basu, Advocates. ..for the petitioner The Court : It is submitted by Mr. Pandey appearing for the applicant/award-holder that on the basis of an out of Court settlement, the claim of the applicant/award-holder has been satisfied by the respondents. Thus, the petitioner does not wish to proceed with this execution application. In view of the above, the application, EC No.245 of 2012, stands dismissed as not pressed.

All interim orders passed in the execution application stand vacated. The Receiver appointed earlier stands discharged. (ASHIS KUMAR CHAKRABORTY, J.) akg/