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Calcutta High Court

Magma Fincorp Limited vs Sachin Dumaji Kumbhar & Anr on 2 September, 2015

Author: Sanjib Banerjee

Bench: Sanjib Banerjee

OD-214

                           A.P. No. 906 of 2015

                   IN THE HIGH COURT AT CALCUTTA
                    Ordinary Original Civil Jurisdiction
                             ORIGINAL SIDE


                      MAGMA FINCORP LIMITED
                              Versus
                   SACHIN DUMAJI KUMBHAR & ANR.


                                                                  Appearance
                                                           Mr. P. Sinha, Adv.
BEFORE
The Hon'ble JUSTICE SANJIB BANERJEE

Date: September 2, 2015.

The Court: Since the award passed on April 2, 2015 may already have become executable, A.P. 906 of 2015, which is a petition under Section 9 of the Arbitration and Conciliation Act, 1996, is disposed of by confirming the subsisting order of injunction and leaving the petitioner free to pursue its remedies in accordance with law.

The receiver stands discharged without being required file any accounts.

There will be no order as to costs.

(Sanjib Banerjee, J.) ssd.