Petitioner withdrew an application seeking liberty to re-initiate arbitration proceedings from the invocation stage under Section 21 of the 1996 Act.
Application dismissed as withdrawn with liberty to commence proceeding from invocation stage under Section 21 of the 1996 Act.
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OD-17
IN THE HIGH COURT AT CALCUTTA Ordinary Original Civil Jurisdiction ORIGINAL SIDE
AP/132/2023
SREI EQUIPMENT FINANCE LTD VS TIRUPATI AGENCIS PVT LTD AND ANR.
BEFORE:
The Hon'ble JUSTICE SABYASACHI BHATTACHARYYA Date : 16th May, 2023
Appearance: Mr. Priyankar Saha, Adv. Mr. Hemant Tiwari, Adv. …for the respondents
The Court:- At the outset, learned counsel for the petitioner seeks liberty, on instruction, to withdraw the present application and to start the proceeding afresh from the stage of invocation under Section 21 of the Arbitration and Conciliation Act, 1996.
Accordingly, AP/132/2023 is dismissed as withdrawn with liberty to the petitioner to commence the proceeding afresh from the stage of invocation under Section 21 of the 1996 Act, subject to the maintainability of the subsequent proceeding otherwise.
(SABYASACHI BHATTACHARYYA, J.)
S.Bag
SREI Equipment Finance Ltd
Tirupati Agencis Pvt Ltd
Sabyasachi Bhattacharyya
As recorded by the court registry
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