Disposed
M/S Eider Technologies Ltd. v. Chairman & Managing Director Ifci Bank & Ors.
Delhi HCW.P.(C)/7696/2016
Case brief
AI extract
What is this about?
The writ petition was disposed of due to the repeal of the Sick Industries Companies (Special Provisions) Repeal Act, 2003. The court held that with the dissolution of the relevant authorities, no indulgence could be made into the matter, directing the petitioner to seek available legal remedies. No substantive ruling on the merits was delivered.
What did the court decide?
Petitioner directed to take recourse to remedies presently available under the law; writ petition disposed of.