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Calcutta High Court

Calcast Ferrous Ltd vs Src Steels Pvt Ltd on 14 March, 2017

Author: Nishita Mhatre

Bench: Nishita Mhatre

ORDER SHEET

                              ACO 22 of 2017
                                    With
                              APOT 40 of 2017
                             C.P.No.419 of 1992
                     IN THE HIGH COURT AT CALCUTTA
                            Original Jurisdiction




                                                      CALCAST FERROUS LTD

                                                                         Versus

                                                         SRC STEELS PVT LTD



  BEFORE:

  The Hon'ble ACTING CHIEF JUSTICE NISHITA MHATRE

  The Hon'ble JUSTICE TAPABRATA CHAKRABORTY

  Date : 14th March, 2017.

                                                                   Appearance :

                                             Mr.Sagar Bandyopadhyay,Advoate
                                                 Ms.Soma Kar Ghosh,Advocate
                                                Mr.Tanmay Banerjee,Advocate
                                                  Mr.Niladri Banerjee,Advocate

                                                      Mr.Sagnik Basu,Advocate
                                                       Mr.Ratul Basu,Advocate



             The Court : The parties to the disputes have settled the same. They

have handed over a Terms of Settlement dated 9th March, 2017 signed by Vikas

Agarwal on behalf of Calcast Ferrous Ltd, the appellant and Sudipta Ghosh,
                                            2


the authorized signatory on behalf of Hanumanta Engineering Pvt.Ltd. which is

the new name of SRC Steels Pvt.Ltd., the respondent/petitioning creditor.

Let the Terms of Settlement filed in Court today be taken on record. The appeal is disposed of in terms of the said consent terms. The order dated 30th January, 2017 passed by the learned single Judge admitting the winding up petition is set aside.

We have been informed that no publication was made pursuant to that order and the parties have settled their disputes within the time mentioned for advertisements.

(NISHITA MHATRE, ACJ) (TAPABRATA CHAKRABORTY, J.) ssaha AR(CR)