Ub Engineering Limited Represented Through Mr Bir Bahadur Singh v. Ms Electrosteel Limited
Jharkhand HCA.APPL/27/2016
Case brief
AI extract
What is this about?
An arbitration application filed by UB Engineering Limited against M/s Electrosteel Steel Limited was disposed of on the ground of being infructuous due to the initiation of proceedings under the Insolvency and Bankruptcy Act, 2016. Liberty was granted to the petitioner to raise its claim elsewhere.
What did the court decide?
The instant petition is disposed of as infructuous.