Withdrawal of application permitted, while connected liquidation appeal remained pending with interim order continuing

CA 2118 of 2024 was permitted to be withdrawn at the appellant's request, with counsel stating that remedies would be pursued in the connected proceedings. In the connected appeal concerning the liquidation regime, no final adjudication was made; the matter was adjourned for filing of reply and rejoinder, and the existing interim order was directed to continue until the next hearing. The proceedings therefore remained pending for further consideration.

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Issues: Whether CA 2118 of 2024 should be permitted to be withdrawn, and whether the connected matters required further interim directions pending the next listing.

Analysis: In CA 2118 of 2024, counsel for the appellant sought withdrawal and stated that the appellant would work out its remedies in the connected proceedings. The request was allowed. In the connected appeal concerning the liquidation regime, the matter was not finally decided and was adjourned with directions for filing of reply and rejoinder, while the interim order was directed to continue.

Conclusion: Withdrawal of CA 2118 of 2024 was permitted. The connected appeal remained pending and was listed for further hearing.

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