Industrial Promotion and Investment Corporation of Odisha Ltd. v. Esskay Machinery Pvt. Ltd.
Case brief
What is this about?
The High Court clarified that observations in a lower writ order regarding parties' status as secured creditors were not a final determination of their inter se claims. The Court held such issues must be decided in a civil suit and the writ appeal was disposed of based on this clarification.
What did the court decide?
Clarified that observations on inter se claims in the impugned order are not final determinations; writ appeal disposed of.