M/S. Ncdex E Markets Limited (Neml) v. Canara Bank
Case brief
What is this about?
Withdrawal of writ petition as infructuous; NCDEX E Markets Ltd. (NEML) v. Canara Bank & Ors., WP No. 23390 of 2025 (GM-DRT), HC-KAR, NC: 2025:KHC:31109, decided 06-08-2025 by B M Shyam Prasad, J. Keywords: Article 227 Constitution of India; Recovery of Debts and Bankruptcy Act, 1993 Section 22(h); Rule 9; Rule 12(9) DRT (Procedure) Rules, 1993; DRT-I Bengaluru; Interlocutory Application No. 1483 of 2025; Original Application No. 496 of 2019; cross-examination of R1's witness AW1; disposal of thirty-nine Original Applications; memo for withdrawal; dismissed as withdrawn subject to all just exceptions; Respondents: Canara Bank, M/s CNX Corporation Limited, Basavaraj H; Advocates: Abhinag S. (petitioner), T.P. Muthanna (R1). No merits holding; no precedents cited.
What did the court decide?
None on merits; on the learned counsel's memo seeking withdrawal, the petition stood dismissed as withdrawn, subject to all just exceptions in law, the relief having been rendered infructuous by the DRT's disposal of OA No. 496 of 2019.