Disposed¶18
Surender Kumar v. Kotak Mahindra Bank Ltd.
Delhi HCFAO (COMM)/161/2025
Case brief
AI extract
What is this about?
Delhi High Court, FAO (COMM) 161/2025, Surender Kumar v. Kotak Mahindra Bank Ltd., decided 17.04.2026 by Justice Prathiba M. Singh and Justice Madhu Jain; appeal disposed of upon settlement of Rs.30,00,000/- (Rs.25,50,000/- already paid; Rs.4,50,000/- due on 20.04.2026); Bank's settlement letter dated 31.03.2026 taken on record; parties bound by settlement terms; on default the Bank free to pursue remedies in accordance with law; pending applications disposed of.
What did the court decide?
Appeal disposed of on the basis of the settlement: Appellant to pay the balance Rs.4,50,000/- on 20th April, 2026; all parties bound by the settlement terms in the Respondent Bank's letter dated 31st March, 2026; pending applications, if any, also disposed of. ¶18