Dismissed
State Bank of India v. Ushdev International Ltd. and Ors.
DRTOA/585/2022
What the court decided
AI extract
Outcome
Dismissed
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| 07/09/2023 | Ex. No. |
Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. Roznama in OA 585 of 2022 State Bank of India Vs Ushdev International Ltd and Ors |
Next date |
|---|---|---|---|
| Advocate Karan Gandhi i/b Cyril Amarchand & Mangaldas appeared for the Applicant. Advocate Rajendra Pawar appeared for the Defendant no.1. Advocate Rajesh Nagory i/b Advocate Sanjana Ghogare appeared for the Defendant. 1. Ld. Counsel for both sides inform that NCLT proceedings are pending qua Defendant no. 1 to 3 thus, moratorium as well as interim moratorium shall be applicable on the present proceeding. It is also informed that in the present matter Defendant no. 1 to 3 are the only contesting parties. 2. Since, proceedings under the IBC 2016, has already been initiated qua Defendant no. 1 to 3 and the moratorium as well as interim moratorium shall be applicable on the present proceeding therefore, there is no substance to continue the |
present OA and thus same is hereby disposed off with a liberty to the Applicant to revive the same as and when required. 3. File be closed and consigned to record room.
P.O. DRT-I
Sgj/-17
State Bank of India
Ushdev International Ltd and Ors
Rekha G. Dhakar
As recorded by the court registry
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