Authority: High Court at Calcutta, Commercial Division
Order Date: 8 October 2026
Case Overview
- Plaintiff: The All India Tea and Trading Company Limited; Defendant: The Loobah Company Limited.
- Suit: CS‑COM‑247 of 2024 filed in the Commercial Division of the Calcutta High Court.
- A Terms of Settlement dated 7 October 2026 was placed before the Court, signed by authorized officers of both parties and countersigned by their advocates.
- Joint receivers, Mr. Robi Prasad Mookerjee and Mr. Deepnath Roy Chowdhury, were identified in the settlement.
Final Outcome
- The Court found the compromise lawful and ordered that the Terms of Settlement be made a part of the decree, thereby decreeing the suit.
- The joint receivers were discharged in accordance with the order dated 6 October 2026.
- All connected applications pending in the suit were disposed of without any further order.
- The decree is to be drawn up expeditiously.
Topics: Legal Settlement, Commercial Litigation