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Calcutta High Court

L & T Finance Limited vs Apl Metals Limited & Ors on 2 May, 2018

Author: Ashis Kumar Chakraborty

Bench: Ashis Kumar Chakraborty

                                    ORDER SHEET
                                    AP 441/2017
                                   GA 2894/2017
                                   GA 3140/2017
                                   GA 3136/2017
                                   GA 3185/2017
                          IN THE HIGH COURT AT CALCUTTA
                              Original Jurisdiction
                                  ORIGINAL SIDE



                              L & T FINANCE LIMITED
                                      Versus
                            APL METALS LIMITED & ORS.

   BEFORE:
   The Hon'ble JUSTICE ASHIS KUMAR CHAKRABORTY

   Date : 2nd May, 2018.
                                                 Appearance :
                                                 Mr.Paritosh Sinha,
                                                 Ms. S. Das, Advs.


   The Court : Mr. Sinha appearing for the petitioner under

Section   9   of   the    Arbitration      and   Conciliation       Act,   1996

submits   that     the    disputes     between    the     parties   have   been

settled in an arbitration proceeding before an Arbitrator and

resulting in passing of a consent award being passed by the

arbitrator. He further submits that in terms of the arbitral

award, the petitioner has received its due payment from the

respondent and, as such, the petitioner cannot press this

application any further.

Let the copy of the consent award passed by the Arbitrator as produced by Mr.Sinha be kept on record. 2

None appears for any of the respondents to dispute the above submission made on behalf of the petitioner.

Under the circumstances, the application, AP No.441 of 2017 along with GA No.2894 of 2017, GA No.3140 of 2017, GA No.3136 of 2017, GA No.3185 of 2017 stands dismissed as not pressed.

All interim orders passed in this application stand vacated. Receivers appointed, if any, stand discharged.

There shall, however, be no order as to costs.

(ASHIS KUMAR CHAKRABORTY, J.) sd/