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Supreme Court - Daily Orders

Cygnet Infotech Private Limited vs Velomatch Limited on 19 May, 2023

Author: Rajesh Bindal

Bench: Rajesh Bindal

                                       IN THE SUPREME COURT OF INDIA

                                          CIVIL ORIGINAL JURISDICTION


                                          IA NO.90598/2023 IN/AND
                                 ARBITRATION PETITION (CIVIL) NO.20/2023


                      CYGNET INFOTECH PRIVATE LIMITED                   Petitioner(s)

                                                    VERSUS

                      VELOMATCH LIMITED                                 Respondent(s)


                                                     ORDER

Learned counsel for the petitioner submitted that during the pendency of the present petition, the matter in dispute has been resolved by the parties. He seeks permission to withdraw the Arbitration Petition.

Permission, as prayed for, is granted. Consequently, the Arbitration Petition stands dismissed as withdrawn.

IA No. 90598/2023 is allowed.

....................,J.

(RAJESH BINDAL) NEW DELHI MAY 19, 2023 Signature Not Verified Digitally signed by Neetu Khajuria Date: 2023.05.22 12:37:49 IST Reason: ITEM NO.1705 COURT NO.12 SECTION XVI-A S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Petition for Arbitration (Civil) No. 20/2023 CYGNET INFOTECH PRIVATE LIMITED Petitioner(s) VERSUS VELOMATCH LIMITED Respondent(s) IA No. 90598/2023 - WITHDRAWAL OF CASE / APPLICATION) Date : 19-05-2023 This matter was called on for hearing today. CORAM :HON'BLE MR. JUSTICE RAJESH BINDAL [IN CHAMBERS] For Petitioner(s) Mr. Ankit Virmani, Adv.

Ms. Malvikka Arya, Adv.

Ms. Anindita Mitra, AOR For Respondent(s) UPON hearing the counsel the Court made the following O R D E R IA No. 90598/2023 is allowed. The Arbitration Petition is dismissed as withdrawn in terms of the signed order.

(RAJAN SACHDEVA) (MALEKAR NAGARAJ) SENIOR PERSONAL ASSISTANT BRANCH OFFICER (SIGNED ORDER IS PLACED ON THE FILE)