Iifl Finance Limited v. Asset Care And Reconstruction Enterprise Limited

by VARSHA VIJAY RAJGURU Date:

2025.11.14 18:27:14 +0530 VARSHA VIJAY RAJGURU 901-ial-29072-2025-cc-12-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

varsha ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL SUIT NO. 10 OF 2025 IIFL Finance Limited ... Plaintiff vs.

Assets Care and Reconstruction Enterprise Limited and Ors ... Defendants WITH COUNTER CLAIM NO. 12 OF 2025 IN COMMERCIAL SUIT (L) NO. 33273 OF 2025

IN THE MATTER BETWEEN

Assets Care and Reconstruction Enterprise Limited ... Plaintiff vs.

IIFL Finance Limited ... Defendants WITH COMMERCIAL SUIT (L) NO. 33273 OF 2025 Assets Care and Reconstruction Enterprise Limited ... Plaintiff vs.

360 One Asset Management Limited and Ors ... Defendants Ms. Risha Alva a/w. Mr. Rahul Dev i/b. Argus Partners, for Applicant in CC/12/2025 and COMS/10/2025.

Ms. Dhruvi Mehta, Ms. Apurva Pandey i/b. Wadia Ghandy and Co., for Plaintiff in COMS/10/25 a/w. IA/843/25, for Defendant in CC/12/2025 a/w. IAL/29072/25 for Defendant No.5, 17 to 26 in COMSL/33273/25 a/w. IAL/33557/2025.

Ms. Fatema Kothari i/b. Vidhii Partners for Defendant No.1. Page no. 1 of 2

901-ial-29072-2025-cc-12-2025.doc CORAM : GAURI GODSE, J.

DATED : 12th NOVEMBER 2025 ORDER:

1.

Learned respective counsels appearing for plaintiff in both the suits and the learned counsel appearing for the defendants who have filed the counter claim, on instructions seek leave to withdraw the suits and the counter claim, as the parties have amicably settled the dispute.

2.

Leave granted. Both the suits and the counter claim are disposed of as withdrawn.

3.

In view of disposal of the suits and the counter claim, all the pending applications are disposed of as infructuous. 4.

Parties would be entitled to apply for refund of court fees as per the rules.

(GAURI GODSE, J.) Page no. 2 of 2