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2025 DAILYLAW 34691 (DEL)

MCS LTD & ANR v. RATNABALI CAPITALS PVT LTD

RFA/821/2010 · 2025-01-30

Dinesh Kumar Sharma

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~5 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA 821/2010 & CM APPL. 21517/2010 MCS LTD & ANR .....Appellants Through: Mr. Deepak Jaiswal and Ms. Harshita Jain, Advocates versus RATNABALI CAPITALS PVT LTD .....Respondent Through: Mr. Niloy Dasgupta, Advocate CORAM: HON'BLE MR. JUSTICE DINESH KUMAR SHARMA O R D E R % 30.01.2025 Learned counsel for the appellant no. 2, on instructions, states that the appellant no. 2 does not want to pursue the matter. Learned counsel for the respondent submits that in any case, the appeal has become infructuous as the decree has already been executed by the appellants. The perusal of the appeal filed indicates that the appellant no. 1 was the Registrar appointed by the appellant no. 2 to issue for its Initial Public Offer. The main contesting party is the appellant no. 2 and since the appellant no. 2 does not want to pursue the matter, there is no purpose of continuing with the matter. Accordingly, the present appeal along with pending applications, stands dismissed as withdrawn being infructuous. DINESH KUMAR SHARMA, J JANUARY 30, 2025/N/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 01/02/2025 at 10:34:23