Gurgaon-based infrastructure major, Lanco Infratech announced that it has agreed to acquire, for an undisclosed sum, Australia's Griffin Coal Mining and Carpenter Mine Management to fuel its growing power generation base.
Bank had no obligations to Perdaman, the judge said.
The dispute centres around a coal supply deal in Western Australia.
Talks will begin later on the share purchase agreement, which will be done much later, after the negotiations are completed.