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2025 DAILYLAW 99759 (PNJ)

PUNJAB AND SIND BANK v. STATE OF PUNJAB AND OTHERS

CWP/25633/2023 · 2025-08-29

Sanjiv Berry

body2025

Judgment text

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IN THE HIGH COURT OF PUNJAB AND HARYANA Punjab and Sind Bank State of Punjab and others CORAM: HON'BLE MR. HON'BLE MR. JUSTICE SANJIV BERRY Present: SHEEL NAGU, CHIEF JUSTICE 1. dated 11.07.2025 passed by the National Company Law Tribunal, Chandigarh Bench (Court against respondent No.3 appointed. 2. learned counsel for the petitioner prays for withdrawal of the petition. 3. August 29, 2025 narotam Whether speaking/reasoned Whether reportable IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Punjab and Sind Bank Versus State of Punjab and others CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY Mr. Arpit Chawla, Advocate, for the petitioner. Mr. Salil Sabhlok, Sr.DAG, Punjab (through video conferencing). Ms. Mannat Anand, Advocate, for respondent No.3. **** SHEEL NAGU, CHIEF JUSTICE ( Oral ) Learned counsel for the petitioner dated 11.07.2025 passed by the National Company Law Tribunal, Chandigarh Bench (Court-II), Chandigarh, insolvency proceedings have been against respondent No.3 – borrower Company, and IRP has already been In view of above, cause raised herein has become infructuous and learned counsel for the petitioner prays for withdrawal of the petition. Accordingly, petition stands dismissed as withdrawn. August 29, 2025 Whether speaking/reasoned Whether reportable IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-25633-202 Date of decision : 29.08.2025 …….Petitioner ...….Respondents JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY Arpit Chawla, Advocate, for the petitioner. Mr. Salil Sabhlok, Sr.DAG, Punjab (through video conferencing). Ms. Mannat Anand, Advocate, for respondent No.3. ( Oral ) petitioner – Bank submits that vide order dated 11.07.2025 passed by the National Company Law Tribunal, Chandigarh II), Chandigarh, insolvency proceedings have been initiated borrower Company, and IRP has already been In view of above, cause raised herein has become infructuous and learned counsel for the petitioner prays for withdrawal of the petition. n stands dismissed as withdrawn. ( SHEEL NAGU ) CHIEF JUSTICE ( SANJIV BERRY ) JUDGE Yes/No Yes/No 2023 .2025 …….Petitioner ...….Respondents Mr. Salil Sabhlok, Sr.DAG, Punjab (through video conferencing). Bank submits that vide order dated 11.07.2025 passed by the National Company Law Tribunal, Chandigarh initiated borrower Company, and IRP has already been In view of above, cause raised herein has become infructuous and NAROTAM DASS 2025.09.03 16:48 I attest to the accuracy and authenticity of this order/judgment