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Calcutta High CourtAP/474/2022disposed

Vijaya Bank And ANR v. M/S Akshita Enterprises And ORS

2022-12-13Hon'Ble Justice Shekhar B. Saraf1 pages

ODC 7 ORDER SHEET AP/474/2022

IN THE HIGH COURT AT CALCUTTA

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL DIVISION VIJAYA BANK AND ANR VS M/S AKSHITA ENTERPRISES AND ORS

BEFORE:

The Hon'ble JUSTICE SHEKHAR B. SARAF Date: 13th December, 2022.

Appearance:

Mr. Swatarup Banerjee, Adv.

Mr. Avishek Guha, Adv.

Ms. Akansha Chopra, Adv.

Mrs. Debarati Das, Adv.

The Court: The Receiver has taken symbolic possession of the excavator. Mr. Swatarup Banerjee, Counsel appearing on behalf of the petitioner submits that the matter has been referred to arbitration and, accordingly, the Section 9 application may be disposed of.

In light of the above submissions, Section 9 application is disposed of. The Receiver to continue in symbolic possession of the property for a period of eight weeks or until further orders passed by the Arbitrator. (SHEKHAR B. SARAF, J.) sp/