High CourtsDivision Bench(2025) 11 P&H CK 1944

M/S Bhushan Mettalics Ltd vs State Of Punjab And Anr

Punjab And Haryana At Chandigarh · Decided on 13 November 2025

HON’BLE JUDGES
Jagmohan Bansal, J · Parmod Goyal, J
RESULT
Dismissed
CASE NUMBER
Civil Writ Petition No. 5425 Of 2003

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Judgment

10 paragraphs · 180 words

Jagmohan Bansal, J

1.

On 04.11.2025, the following order was passed by this Court:-

“Learned counsel for the petitioner pointed out judgment dated 26.09.2025 of Hon’ble Supreme Court passed in Civil Appeal No.1808 of 2020 titled as ‘Kalyani Transco Vs. M/s Bhushan Power and Steel Limited and Ors.’ and Resolution Plan approved by NCLT. In view of orders passed by NCLT and Appellate Tribunal which stand upheld by Hon’ble Supreme Court, the Resolution Plan stands approved. New management has taken over business of the petitioner.

On being pointed out that amount involved is Rs.7,00,000/-, learned counsel for the petitioner seeks time to get instructions.

Adjourned to 13.11.2025.”

2.

Learned counsel for the petitioner submits that in view of amount involved, the petitioner does not press the petition, however, question of law may be kept open.

3.

Learned State counsel does not oppose the aforesaid prayer.

4.

Dismissed as withdrawn.

5.

It is made clear that we have not expressed any opinion on merit and question of law involved herein is left open.

6.

Pending application(s), if any, stands disposed of.