(J. Chelameswar and S. Abdul Nazeer, JJ.)
State Trading Corporation of India Ltd. __________________ Petitioner
v.
M/s. Global Steel Holding Limited and Ors. ___________ Respondent(s)
Petition(s) for Special Leave to Appeal (C) No(s). 14585/2015, decided on April 10, 2017
(with appln. (s) for application on behalf of respondent nos. 1 and 2 for adjourning the criminal complaints under section 138 of negotiable instrument act pending before patiala house courts, delhi and directions and interim directions and bringing on record the proposal of settlement on behalf of respondent Nos. 1 and 2. and permission to file additional documents and u/s 340 c.p.c. and office report)
(For Final Disposal) With Conmt. Pet.(C) No. 747/2017 In SLP(C) No. 14585/2015
The Order of the court was delivered by
Order
1. Today when the matter is taken up, Mr. Kapil Sibal, learned senior counsel appearing for the first respondent handed over 5 drafts and one cheque, in all, for an amount of Rupees Forty Crores to Mr. Tushar Mehta, learned counsel appearing on behalf of the petitioner-State Trading Corporation Ltd., the details of which are as follows:
| S. No | Instrument | Date | Bank and Branch | Amount |
| 1. | DD No. 129372 | 24/03/2017 | Oriental Bank of Commerce, Overseas Branch, Mumbai | Rs. 9,00,00,000/- |
| 2. | DD No. 129373 | 24/03/2017 | – do – | Rs. 8,75,00,000/- |
| 3. | DD No. 129374 | 24/03/2017 | – do – | Rs. 9,00,00,000/- |
| 4. | DD No. 129383 | 29/03/2017 | – do – | Rs. 6,65,00,000/- |
| 5. | DD No. 129390 | 30/03/2017 | – do – | Rs. 1,00,00,000/- |
| 6. | Ch. No. 117788 | 31/03/2017 | – do – | Rs. 5,60,00,000/- |
| Total | Rs. 40,00,00,000/- (Rupees Forty Crores only) |
2. Learned Additional Solicitor General requests that the matter may be taken up on 13.04.2017 for further orders. He also prays that the petitioner be permitted to encash the above mentioned drafts/cheques, subject to final result of the special leave petition.
3. Permission granted.
4. List the matters on Thursday, the 13th April, 2017.
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