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2025 DAILYLAW 4013 (UTT)

M/S WELESTA PHARMACEUICALS INC v. BANK OF BARODA

SPA/39/2025 · 2025-05-05

Alok Mahra, G Narendar

body2025

Judgment text

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2025:UHC:3461-DB IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL HON’BLE THE CHIEF JUSTICE SRI G. NARENDAR AND HON’BLE SRI JUSTICE ALOK MAHRA SPECIAL APPEAL No. 39 OF 2025 5th May, 2025 M/s Welesta Pharmaceuticals Inc and Another …… Appellants Versus Bank of Baroda …… Respondents Counsel for the appellants : Mr. Navneet Kumar Sharma and Mr. Shankar Aggarwal. Counsel for the respondents : Mr. Siddhartha Jain. JUDGMENT: (per Hon’ble The Chief Justice Sri G. Narendar) Learned counsel for the appellant submits that in view of the availability of alternate remedy under Section 17 of SARFAESI Act, appellant seeks to withdraw the special appeal. 2. Submission is placed on record. 3. IA No. 2 of 2025 (Withdrawal Application) is allowed. 1 2025:UHC:3461-DB 4. Special Appeal is dismissed as withdrawn. ________________ G. NARENDAR, C.J. ____________ ALOK MAHRA, J. Dt: 5th May, 2025 Ujjwal 2