M/S JALDHAKA COLD STORAGE PRIVATE LTD v. UCO BANK AND ORS
MAT/6/2025 · 2025-01-22
Gaurang Kanth, Joymalya Bagchi
body2025
DailyLaw.ai
[ 2025 DAILYLAW 51328 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 51328 (CAL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
22.01.2025 Sl. No.44 tkm
IN THE HIGH COURT AT CALCUTTA
Circuit Bench at Jalpaiguri
MAT 6 of 2025
CAN 1 of 2025
In re : M/s. Jaldhaka Cold Storage Pvt. Ltd.
..appellant
Mr. Kamaljit Bhattacharjee
Mr. Alok Sah
Mr. M Sinha
Mr. Abhijit Chanda
....for the appellant
Mr. Subir Kr. Saha
Mr. Sourav Sarkar
....for the respondent nos. 2 to 5
Mr. Bikramaditya Ghosh
....for UCO Bank
1. In view of the subsequent development i.e. taking over physical possession of the secured assets, the appeal and the writ petition has become infructuous.
2. Accordingly appeal is disposed of observing it shall be open to the appellant borrower to negotiate with the bank and arrive at a one-time settlement as per relevant rules.
3. Pendency of any negotiation however shall not stand in way of the respondent bank to pursue its remedies in accordance with law.
4. CAN 1 of 2025 is disposed of.
(Gaurang Kanth,J.) (Joymalya Bagchi,J.)