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Delhi High Court - Orders

Ambience Private Limited & Anr vs Punjab And Sind Bank & Ors on 1 November, 2023

Author: Purushaindra Kumar Kaurav

Bench: Purushaindra Kumar Kaurav

                                    $~31 & 1
                                    *           IN THE HIGH COURT OF DELHI AT NEW DELHI
                                    +           W.P.(C) 13438/2023 and CM APPL. 53055/2023
                                                AMBIENCE PRIVATE LIMITED & ANR.                                            ..... Petitioners
                                                                                      Through: Mr. Rajeeve Mehra, Sr. Advocate
                                                                                      alongwith Mr. Anush Raajan and Mr. Pradyumn
                                                                                      Yadav, Advocates

                                                              Versus
                                                PUNJAB AND SIND BANK & ORS.                                                ..... Respondents
                                                                                      Through: Mr. Sanjiv Kakra, Sr. Advocate
                                                                                      alongwith Ms. Seema Gupta and Mr. Akash
                                                                                      Madan, Advocates

                                    +           W.P.(C) 13512/2023 and CM APPL. 53380/2023
                                                AMBIENCE PRIVATE LIMITED & ANR.              ..... Petitioners
                                                                Through: Mr. Rajeeve Mehra, Sr. Advocate
                                                                alongwith Mr. Anush Raajan and Mr. Pradyumn
                                                                Yadav, Advocates

                                                              Versus
                                                PUNJAB AND SIND BANK THROUGH MD AND CEO & ORS.
                                                                                               ..... Respondents
                                                              Through: Mr. Sanjiv Kakra, Sr. Advocate
                                                              alongwith Ms. Seema Gupta and Mr. Akash
                                                              Madan, Advocates

                                    CORAM:
                                    HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV
                                                                                      ORDER

% 01.11.2023

1. The parties are directed to complete the pleadings in both the petitions within a period of ten days. The parties shall also file the written synopsis This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 02/11/2023 at 23:55:42 alongwith relevant judgments within a week thereafter. A copy of the same be also kept ready in a hard copy to be presented at the time of the hearing.

2. List on 11th December, 2023.

3. In the meantime, considering the nature of controversy involved in the instant petitions and without prejudice to the rights and contentions raised by the parties, it is directed that the petitioners to approach the competent officer of respondent-Bank to explore the possibility of an amicable settlement.

4. Needless to state that if the petitioners approache the concerned officer of the respondent-Bank, the respondent-Bank will pay necessary heed to the submissions made by the petitioners.

PURUSHAINDRA KUMAR KAURAV, J NOVEMBER 1, 2023 p'ma This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 02/11/2023 at 23:55:42