The Debt Recovery Appellate Tribunal, Delhi, dismissed the second appeal filed by Riyaz Ahmad Mangloo & Ors. against UCO Bank as withdrawn, based on a settlement dated 30.05.2022. The parties were bound by the settlement terms.
Appeal dismissed as withdrawn upon settlement.
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DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI
Misc. Appeal No.78/2022 Arising out of S.A.No.130/2022(DRT-I, Delhi)
Riyaz Ahmad Mangloo & Ors. Vs UCO Bank & Anr.
01.06.2022 Hon’ble Mr. Justice Brijesh Sethi
Present: Mr. Dhruv Chawala, Ld. Counsel for appellants
Mr. I.S. Chauhan, Ld. Counsel for respondent no.1 bank
This matter has been taken up by me through Video Conferencing.
The learned counsel for the appellants submits that vide settlement date 30.05.2022 the matter has been settled and he wants to withdraw this appeal.
Accordingly, the appeal is dismissed as withdrawn as settled.
The parties to the settlement shall remain bound by the terms of the settlement.
(CHAIRPERSON)
-pk
Riyaz Ahmad Mangloo & Ors.
UCO Bank
Brijesh Sethi
As recorded by the court registry
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