Authority: High Court of Punjab & Haryana at Chandigarh

Order Date: 16 July 2026

Case Overview: Petitioners M/S Karnawati Enterprises and another filed a petition against Debt Recovery Tribunal‑II, Chandigarh and others. Petitioners, represented by advocates Arpit Chawla and Pratham Chawla, sought to withdraw the petition while retaining the right to appeal. Respondents were represented by counsel Rakesh Gupta.

Final Outcome: The bench of Justices Jasgpurpreet Singh Puri and Sanjiv Berry dismissed the petition as withdrawn, granting liberty to pursue an appeal.

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