Extracted from the PDF above. The PDF is authoritative.
$~55 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CO.APP. 26/2023
IDBI BANK LTD
.....Appellant Through: Mr. Sidhartha Barua, Mr. Praful Jindal & Mr. Kumar Arnav Singh Deo, Advocates.
versus
P D GUPTA AND COMPANY
.....Respondent Through: Mr. Vivek Gupta, Mr. Ankit Verma & Mr. Govind Gupta, Advocates.
CORAM:
HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR
O R D E R %
17.09.2025 CM APPL. 59006/2025 (Seeking direction to release of the deposited amount by the Respondent)
1. The present application under Section 9 of the Company Code Rules, 1959 has been filed by the Respondent seeking direction to release the deposited amount of Rs. 2,27,20,822/- along with interest accrued thereon in favour of the Respondent, presently lying with the Registry of this Court.
2. Issue notice.
3.
Learned counsel for the non-applicant/Appellant accepts notice.
4. On a query from the Court, learned counsel for the Appellant has stated that he has no objection to the prayer made in the application. This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/09/2025 at 12:27:05
5. Accordingly, the present application filed by the Respondent is allowed and the amount of Rs. 2,27,20,822/- along with interest accrued thereon, which is presently lying before the Registry of this Court, be released to the Respondent forthwith, after due verification and in accordance with the applicable rules.
6. With the directions as aforesaid, the present application stands
disposed of.
ANIL KSHETARPAL, J.
HARISH VAIDYANATHAN SHANKAR, J.
SEPTEMBER 17, 2025/tk/kr
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/09/2025 at 12:27:05