Sunil Kumar Pugla & Anr. v. Shree Shyam Pulp & Board Mills Ltd. & Anr.
Case brief
What is this about?
Delhi High Court order dated 03.03.2025 by Justice Manoj Jain disposing of contempt petitions CONT.CAS(C) 263/2019, CONT.CAS(C) 264/2019 and CONT.CAS(C) 265/2019 (with CM APPL. 8043/2020) as not pressed. Respondent Shree Shyam Pulp & Board Mills Ltd. tendered cost of Rs. 2,00,000/- imposed on 07.01.2021; petitioners (Sunil Kumar Pugla & Anr., Raj Kumar & Ors., Satya Pal & Anr.) accepted the cost, confirmed receipt of possession, and agreed not to press their Section 138 Negotiable Instruments Act complaint, Execution Petitions Ex.PET. 394/2018, 472/2018 and 415/2018, and Insolvency Petition No. 02/2022.
What did the court decide?
In view of the tender of the cost of Rs. 2,00,000/- imposed on 07.01.2021 and the petitioners' stated lack of interest in pursuing the contempt petitions (possession having been received), the Contempt Petitions stand disposed of as not pressed.