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State Trading Corporation of India Ltd. v. M/s. Global Steel Holding Limited and Ors.

It is submitted by Mr. Kapil Sibal, learned senior counsel appearing for the respondent-company and other respondents, that they are interested to pay back the amount.

(Dipak Misra and R. Banumathi, JJ.)

State Trading Corporation of India Ltd. ________________ Petitioner

v.

M/s. Global Steel Holding Limited and Ors. ___________ Respondent(s)

(With appln. U/s.340 C.P.C.)

(For Final Disposal)

Petition(s) for Special Leave to Appeal (C) No(s). 14585/2015, decided on August 19, 2015

The Order of the court was delivered by


Order

1. It is submitted by Mr. Kapil Sibal, learned senior counsel appearing for the respondent-company and other respondents, that they are interested to pay back the amount. Needless to say, it is a commitment made on instructions before this Court. Learned senior counsel submitted that there should be a schedule for the said payment and he may be permitted to submit a proposal to the Court. Pending that, we direct the respondent-company, as well as the other respondents, to pay a sum of Rs. 75,00,00,000/- (Rupees seventy five crores only) to the appellant on or before 07.09.2015.

2. List the matter on 07.09.2015.

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