The appellate tribunal disposed of the appeal as withdrawn, noting an amicable settlement between parties, and directed the registry to release the pre-deposit amount with interest within 10 days.
Release of pre-deposit amount with up-to-date interest within 10 days.
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DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI
Appeal No.348/2018 Arising out of O.A.No.210/2016(DRT-II, Delhi)
Joby Setastain & Anr. Vs
Axis Bank & Anr.
19.05.2022 Hon’ble Mr. Justice Brijesh Sethi Present: Mr. Paran Kumar, Ld. Counsel for the appellant.
Mr. Manoj Pandey, Ld. Counsel for the Respondent Bank.
This matter has been taken up by me through Video Conferencing.
Ld. Counsel for the appellant submits that the matter stands amicably settled and therefore, the present appeal be disposed of as withdrawn. Ld. Counsel further states that the pre-deposit amount be released to the appellants.
In view of the above, the present appeal is dismissed as withdrawn.
Registry is directed to release the amount of pre-deposit with up-to-date interest thereon within 10 days.
(CHAIRPERSON)
-ak
Joby Setastain & Anr.
Axis Bank & Anr.
Brijesh Sethi
As recorded by the court registry
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