Icici Bank Limited v. Darjeeling Impex Ltd. and Anr.
Case brief
What is this about?
The Art 3 Kolkata bench allowed an application requesting withdrawal of O.A. No. 419 of 2022, which sought recovery of dues. The order was based on statements that defendants were untraceable and secured assets could not be located, rendering the main application not pressed. The order also noted that the applicant bank had endorsed 'Not Pressed'.
What did the court decide?
Withdrawal of the original application O.A. No. 419 of 2022 and all pending LA.s dismissed as not pressed.