Authority
Calcutta High Court, Commercial Division
Order Date
31 August 2026
Case Overview
- Plaintiff: Union Bank of India; Defendants: Srei Equipment Finance Limited and others.
- The plaintiff sought withdrawal of the plaint due to formal defects, requesting to file a fresh suit on the same cause of action and same reliefs.
- The plaint had not yet been admitted; the court considered the plaintiff’s submission for the limited purpose of withdrawal.
Final Outcome
- The court admitted the withdrawal request, dismissed the plaint as withdrawn, and granted leave to refile a fresh suit on the same cause of action between the same parties with identical reliefs.
- Court fees paid by the plaintiff are to be returned and may be utilized in any subsequent suit.
Topics
- Legal Procedure
- Banking Litigation