Cholamandalam Petition Withdrawn, HC Dismisses

Authority: High Court at Calcutta, Commercial Division

Order Date: 31 July 2026

Case Overview

• Parties: Cholamandalam Investment and Finance Company Limited (award‑holder) vs Sunil Kumar Shaw and another (judgment‑debtors).
• Case number: EC/416/2022, filed in the Commercial Division of the Calcutta High Court.
• Appearance: Ms. Shrayashee Das, Adv. Mr. Tridibesh Dasgupta, Adv. Mr. Subhradip Bhattacharyya, Adv. … for the award‑holder; Mr. Akashdeep Mukherjee, Adv. Ms. Nasrin Nahar, Adv. … for the judgment‑debtors.
• Counsel for the award‑holder sought to withdraw the petition, requesting liberty to file appropriate proceedings in accordance with law.
• The matter was heard before Hon'ble Justice Gaurang Kanth.

Final Outcome

• The petition was dismissed as withdrawn, with liberty granted to the award‑holder to initiate suitable proceedings later.
• Order recorded as OCD‑1, signed by R. Bhar.

Topics: Legal Withdrawal, Finance Litigation