Partly allowed
M/S Arihant Infra Realtors Private Limited Thru. Authorised Signatory v. Yogesh Srivastava
Allahabad HC/16/2022
Case brief
AI extract
What is this about?
This appeal against an appellate tribunal order was decided on terms of a compromise entered between the appellant and respondent during pendency. The appellant paid Rs. 6 lakh for the refund/cancellation of the unit, which was verified before this Court.
What did the court decide?
The appeal is partly allowed. The recovery certificate issued against the appellant is quashed in terms of the compromise agreement.