M/S. NATIONAL BOARDS LTD. v. STRESSED ASSETS STABILIZATION FUND AND 3 ORS.
WP(C)/7259/2019 · 2025-12-15
Sanjay Kumar Medhi
Writ Petition (Civil)body2025
DailyLaw.ai
[ 2025 DAILYLAW 26323 (GAU) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 26323 (GAU) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Page No.# 1/3 GAHC010070742021
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THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Case No. : WP(C)/2699/2021 RAJ KUMAR BAJAJ S/O LT. KASHI PRASAD BAJAJ R/O BHETAPARA, GUWAHATI-34 KAMRUP (M) ASSAM PRESENTLY HOLDING THE POST OF DIRECTOR OF NATIONAL BOARDS LTD. A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956 VERSUS STRESSED ASSETS STABILIZATION FUND AND 3 ORS (IN SHORT SASF) 3RD FLOOR, D-WING IDBI TOWER WTC COMPLEX CUFFE PARADE MUMBAI-400005 2:THE INDUSTRIAL DEVELOPMENT BANK OF INDIA (IN SHORT IDBI) IDBI TOWER WTC COMPLEX CUFFE PARADE MUMBAI- 400005 BRANCH OFFICE AT 58 MISSION ROAD BANGALORE-560027 3:DEBTS RECOVERY TRIBUNAL NEW TOWN PATH G.S. ROAD NEAR HANUMAN MANDIR GUWAHATI-7 ASSAM 4:NATIONAL PLYWOOD INDUSTRIES LTD. (NPIL) HAVING ITS REGISTERED OFFICE AT MAKUM PATHAR MARGHERITA TINSUKIA-700001 ASSA Advocate for the Petitioner : MS. M L GOPE, MR. K N CHOUDHURY,MR. N BARUAH,MS N MAHANTA,MR. D J DAS,MS. N HAWELIA,MS. N GOGOI,MS S SHARMA Advocate for the Respondent : MR. R J DAS,
Page No.# 2/3 Linked Case : WP(C)/7259/2019 M/S. NATIONAL BOARDS LTD. PANIKHAITI GHY-26 (ASSAM) REP. BY ITS ONE OF THE DIRECTORS SRI RAJ KUMAR BAJAJ S/O- LT KASHI PRASAD BAJAJ R/O- BHETAPARA GHY- 34 DIST- KAMRUP (M) ASSAM VERSUS STRESSED ASSETS STABILIZATION FUND AND 3 ORS.
(IN SHORT SASF) 3RD FLOOR D-WING IDBI TOWER WTC COMPLEX CUFFE PARADE MUMBAI- 400005 2:THE INDUSTRIAL DEVELOPMENT BANK OF INDIA (IN SHORT IDBI) IDBI TOWER WTC COMPLEX CUFFE PARADE MUMBAI- 400005 AND A BRANCH OFFICE AT 58 MISSION TOAD BANGALORE- 560027 3:DEBTS RECOVERY TRIBUNAL H.NO.2 SUWARNA BHAWAN NEW TOWN PATH ULUBARI GHY-7 4:NATIONAL PLYWOOD INDUSTRIES LTD. (NPIL) HAVING ITS REGD. OFFICE AT MAKUM PATHAR MARGHERITA TINSUKIA
Page No.# 3/3 ASSAM- 700001 ------------ Advocate for : MR S N SARMA SENIOR ADVOCATE Advocate for : MR. A GANGULY appearing for STRESSED ASSETS STABILIZATION FUND AND 3 ORS.
BEFORE HONOURABLE MR. JUSTICE SANJAY KUMAR MEDHI ORDER 16.12.2025
Shri N. Baruah, learned counsel for the petitioners in these cases has submitted that by efflux of time, the matters have become infructuous. Also heard Shri R.J. Das and Shri A. Ganguly, learned counsel for the respondents. Writ petitions are accordingly closed as infructuous. Interim order, if any, stands vacated. JUDGE Comparing Assistant