Tata Capital Limited v. Taj Traders and Ors.
Case brief
What is this about?
Commercial arbitration petition dismissed as withdrawn after the petitioner placed on record a communication recording amicable settlement between the parties. The Court Receiver was discharged without passing accounts, subject to payment of the Receiver's costs, charges and expenses, and the Court Receiver's Report was disposed of.
What did the court decide?
Petition dismissed as withdrawn; Court Receiver discharged without passing accounts, subject to payment of its costs, charges and expenses.