M/S Hargobind Fashions Pvt. Ltd. & Ors. v. State Bank of Patiala & Ors.

Delhi High Court · 06 Dec 2016 · 2016:DHC:7840
Hima Kohli
W.P.(C) 11544/2016
2016:DHC:7840
civil petition_allowed

AI Summary

The Delhi High Court permitted withdrawal of a writ petition concerning banking disputes, directing the petitioners to seek remedy before the Debt Recovery Tribunal or Appellate Tribunal.

Full Text
Translation output
HIGH COURT OF DELHI
W.P.(C) 11544/2016 and CM APPL. 45447 & 45448/2016
M/S HARGOBIND FASHIONS PVT. LTD. & ORS..... Petitioners
Through: Mr. Soumya Chakarvati, Sr.Advocate with Ms.Usha Singh & Mr.Akhilesh Mishra, Advocates
VERSUS
STATE BANK OF PATIALA & ORS. .... Respondents
Through:
CORAM:
HON'BLE MS. JUSTICE HIMA KOHLI O R D E R 06.12.2016
JUDGMENT

1. After addressing arguments for some time on the maintainability of the present petition as raised by this court, Mr.Chakarvati, learned Senior Advocate appearing for the petitioners states on instructions from the briefing counsel that he may be permitted to withdraw the petition, while reserving the right of his clients to approach the DRT/DRAT, for appropriate orders.

2. Leave, as prayed for, is granted. The petitioners are at liberty to seek their remedies before the DRT/DRAT, as may be available to them in law.

3. The petition is disposed of, along with the pending applications. HIMA KOHLI, J DECEMBER 06, 2016 mk