High Court Punjab-Haryana High Court

Druckgrafen India Limited vs Punjab State Industrial … on 3 July, 2009

Punjab-Haryana High Court
Druckgrafen India Limited vs Punjab State Industrial … on 3 July, 2009
             IN THE HIGH COURT OF PUNJAB AND HARYANA AT
                         CHANDIGARH

                              Civil Writ Petition No.12298 of 2008(O&M)
                                             Date of Decision: 03.07.2009

Druckgrafen India Limited
                                                                   Petitioner
                               Versus
Punjab State Industrial Development Corporation Limited
                                                                 Respondent

CORAM:- HON'BLE MR. JUSTICE JASBIR SINGH

Present:     Mr.Ashwani Chopra, Senior Advocate with
             Ms.Shilpa Malhotra, Advocate for the petitioner
             Mr.Arun Walia, Advocate for the respondent
                        .....

Jasbir Singh, J.(Oral)

Petitioner has moved an application bearing C.M. No.10617 of

2009 for withdrawal of CWP No.12298 of 2008. In this application, it is

also prayed that directions be issued to the Registry of this Court to encash

Fixed Deposit Receipt for an amount of Rs.92.68 lacs, the amount which

was deposited by the petitioner and ask the Bank to release that amount in

favour of the petitioner along with interest. Application is accompanied by

an affidavit of Mr.J.L.Nanda, Director of the petitioner.

Mr.Walia has put in appearance on behalf of the respondent.

He has no objection to the prayer made In view of this, the application is

allowed. On request made, date in CWP No.12298 of 2008 is preponed

from 5.8.2009 to today and is taken on board for disposal and it is ordered

to be dismissed as withdrawn as prayed for. It is also directed that the

Registry shall get the Fixed Deposit Receipt encashed and ask the Bank to

issue draft in the name of the petitioner for the amount deposited by it along

with interest. Needful be done forthwith.

03.07.2009                                  (Jasbir Singh)
gk                                              Judge