L and T Finance Ltd. v. Top-O-Plast and 2 Ors.
Case brief
What is this about?
This court disposed of a Chamber Summons seeking discharge of a Court Receiver appointed under a prior order dated 2012 in an arbitration petition. The Receiver was discharged without passing accounts but on the applicant agreeing to pay the Receiver's costs, charges, and expenses, following a settlement between parties.
What did the court decide?
Chamber Summons allowed; Court Receiver discharged without passing accounts on payment of costs by Applicant.