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Calcutta High Court

Hinduja Leyland Finance Ltd vs Manjusree Kumar & Anr on 31 July, 2013

Author: Sanjib Banerjee

Bench: Sanjib Banerjee

                                  AP No. 461 of 2013
                          IN THE HIGH COURT AT CALCUTTA
                           Ordinary Original Civil Jurisdiction


                          HINDUJA LEYLAND FINANCE LTD.
                                     Versus
                            MANJUSREE KUMAR & ANR.


  BEFORE:
  The Hon'ble JUSTICE SANJIB BANERJEE
  Date : 31st July, 2013.


                                                            Mr. Chayan Gupta, Adv. appears

            The Court : On June 12, 2013 an order was passed on this petition

      under Section 9 of the Arbitration and Conciliation Act, 1996 appointing a

      Receiver to take possession of the asset covered by the agreement since the

      first respondent had committed a breach of the written undertaking

furnished in course of a previous petition under Section 9 of the said Act.

The parties report that on an appeal from the order dated June 12, 2013, the respondents have been permitted to make payment of the amount due by the end of September, 2013.

In such view of the matter, AP No.461 of 2013 is disposed of. The Receiver stands discharged without being required to file any accounts.

There will be no order as to costs.

Certified website copies of this order, if applied for, be urgently supplied to the parties subject to compliance with all requisite formalities.

(SANJIB BANERJEE, J.) Kc.