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

(J. Chelameswar and Abhay Manohar Sapre, JJ.)

State Trading Corporation of India Ltd. __________________ Petitioner

v.

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

(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 application for 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)

Petition(s) for Special Leave to Appeal (C) No(s). 14585/2015, decided on February 6, 2017

The Order of the court was delivered by

Order

1. When the matter is taken up today, Mr. Tushar Mehta, learned Additional Solicitor General appearing for the petitioner stated that today a demand draft for an amount of Rupees Ten Crores is handed over to him by the first respondent which the learned ASG accepts under protest. It is also stated that the first respondent agreed to pay another Rupees Forty Crores to the petitioner before the next date of hearing. The first respondent undertakes to pay Rupees Forty Crores by way of demand draft on or before 20^th March, 2017.

2. List the matter on 20^th March, 2017.

———