M/S JAGAT AGRO COMMODITIES PVT. LTD. & ORS. v. STATE BANK OF INDIA
W.P.(C)/3623/2021 · 2026-09-18
Ajay Digpaul
Writ Petition (Civil)body2026
DailyLaw.ai
[ 2026 DAILYLAW 18659 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 18659 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~76 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010134122021 + W.P.(C) 3623/2021, CM APPL. 10993/2021, CM APPL. 55984/2026 & CM APPL. 63404/2026
M/S JAGAT AGRO COMMODITIES PVT. LTD.
& ORS. .....Petitioners Through: Mr. Sidharth Chopra and Mr. Aditya Awasthi, Advs.
versus
STATE BANK OF INDIA .....Respondent
Through:
CORAM:
HON'BLE MR. JUSTICE AJAY DIGPAUL
O R D E R %
18.09.2026
1.
Learned counsel appearing on behalf of the petitioners seeks liberty of this Court to withdraw the present petition, and submits that the parties have entered into a One-time Settlement (“OTS”), pursuant to the respondent’s letter dated 16.01.2025.
2. It is further submitted that the petitioners have paid the full amount of Rs. 38,05,00,000/-, along with the interest of Rs. 93,00,000/- on account of delay in payment of the OTS amount, and the respondent bank has initiated the proposal for removal of the petitioners from the list of wilful defaulters.
3. In view of the settlement reached between the parties, nothing survives in the present petition.
4. Accordingly, the present petition, along with pending application(s), 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 21/09/2026 at 11:16:46
if any, stands dismissed as withdrawn.
AJAY DIGPAUL, J
SEPTEMBER 18, 2026
Sk/os
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 21/09/2026 at 11:16:46