Prudent Arc Ltd v. Idbi Bank Ltd

5-IA-2094-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ADMIRALTY AND VICE ADMIRALTY JURISDICTION IN ITS COMMERCIAL DIVISION INTERIM APPLICATION NO.2094 OF 2025 IN COMMERCIAL ADMIRALTY SUIT NO.46 OF 2021 PRUDENT ARC LTD.

)...APPLICANT

IN THE MATTER BETWEEN

IDBI BANK LTD.

)...PLAINTIFF V/s.

MV TAG 20 (IMO NO.9126039) AND OTHERS )...DEFENDANTS Mr.Pranjit Bhattacharya a/w. Mr.Avdhoot Prabhu i/by Lex Services, Advocate for the Applicant.

Mr.Nandkishore i/by DSK Legal, Advocate for the Defendant no.3.

CORAM

:

ABHAY AHUJA, J.

DATE :

4th JULY, 2025 P.C. :

1.

When the matter is called out, learned Court Associate points out that the Suit has been disposed and therefore the Interim Application has become infructuous and would not survive. 2.

Mr.Pranjit Bhattacharya, learned Counsel, appearing in the matter submits that since the Suit has already been decreed in the year 2023 and the assignment by the IDBI bank is dated 15th May 2024, this AVK 1/2

5-IA-2094-2025.doc Court may permit withdrawal of this application with liberty to file an appropriate application.

3.

The Interim Application is allowed to be withdrawn with liberty as prayed for.

(ABHAY AHUJA, J.) ARTI VILAS KHATATE by ARTI VILAS KHATATE Date: 2025.07.05 17:49:03 +0530 AVK 2/2