On application for stay in a miscellaneous appeal, the court recorded the parties' statement that they have settled the matter with a commitment to deposit 50% of the amount due. The matter was posted for further reporting on settlement or hearing.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT : MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
I.A. No. 219/2022 (Stay) In
Misc. Appeal No. 79/2022
Between
Mr. Nareshkumar Kapurchand Jain & Anr. … Appellant/s V/s. M/s. Fullerton India Credit Co. Ltd. & 2 Ors.. …Respondent/s
Mr. Bhavin Gade, i/b Mr. Mrityunjay B. Barai, Advocate for Appellants.
Mr. Rajesh Nagori a/w Mr. Navin Arora, i/b M/s. Sagar & Sagar Law Office, Advocate for Respondent No.1.
Mr. Puneet Gogad, Advocate for Respondent Nos.2 and 3.
-: Order dated : 06/07/2022 :-
The learned counsel for both the parties submits that the parties have settled the matter and 50% of the amount due would be deposited within a period of one week from today.
Hence, post the matter on 18.07.2022 for reporting settlement / hearing in I.A. No. 219/2022 i.e. application for stay.
Sd/Chairperson
dpj-16
1
Mr. Nareshkumar Kapurchand Jain & Anr.
M/s. Fullerton India Credit Co. Ltd.
Ashok Menon
As recorded by the court registry
2 orders share this CNR
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