Magma Shrachi Finance Ltd vs Progressive Construction Ltd on 9 June, 2011

                               AP No. 70 of 2008
                      IN THE HIGH COURT AT CALCUTTA
                       Ordinary Original Civil Jurisdiction
                                ORIGINAL SIDE



                                                           In the matter of:
                                               MAGMA SHRACHI FINANCE LTD.

                                                                            Versus

                                           PROGRESSIVE CONSTRUCTION LTD.

  BEFORE:

  The Hon'ble JUSTICE I. P. MUKERJI

Date : 9th June, 2011.

Appearance:

Mr. K.K. Pandey Adv.,

The Court: Learned Counsel for the petitioner submits on instruction that

his client does not want to proceed with this application. Accordingly this

application is dismissed as not pressed. Interim order, if any, is vacated.

Receiver is discharged. The remuneration of the Receiver, if not paid should be

paid within a week from date.

All parties concerned are to act on a signed photocopy of this order on the

usual undertakings.

(I.P. MUKERJI, J.)

SP/