Hotel Maredias. Pvt. Ltd. and Ors. v. Kotak Mahindra Bank Ltd.
Case brief
What is this about?
The petition for withdrawal of a notice issued under SARAFESI Act was admitted after the respondent agreed to withdraw the notice upon the petitioner's compliance with a prior undertaking. The petition was subsequently dismissed as withdrawn.
What did the court decide?
Petition withdrawn; respondent agrees to withdraw notice under Section 13(2) of SARAFESI Act; petition dismissed as withdrawn.