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I.A. No. 124/2022 & I.A. No. 123/2022 In Regular Appeal No. 21/2019
Date: 16.06.2022
Bank of Baroda Vs. Smt. Vipul Chandak & Ors.
Present: Shri Satyajit Mukherji, counsel for the appellant, Shri Rajneesh Kesharwani, counsel for the respondents,
Heard the learned counsels for the parties.
Learned counsel for the appellant-Bank contends that the matter has been settled between the Bank and the borrowers and Rs. 16.00 crores towards full and final settlement of the claim has been deposited by the borrowers. Thus, the Bank has no claim against the respondents-borrowers, therefore, the learned counsel wants to withdraw the appeal, as no cause of action survives.
Learned counsel for the respondents has no objection to the contention as raised by the counsel for the appellant.
In view of the submissions made by the counsels for the parties, as no cause of action survives, the present appeal is dismissed as withdrawn. No order as to costs.
Justice R. D. Khare Chairperson
VN Giri
Bank of Baroda
Smt. Vipul Chandak & Ors.
R. D. Khare
VN Giri
As recorded by the court registry
3 orders share this CNR
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