Mansi Shankar v. Arms (a division of Arcil)
Case brief
What is this about?
The Debt Recovery Appellate Tribunal recorded that the parties reached a settlement wherein the respondent agreed to pay Rs. 4,12,000 in 12 monthly installments, subject to higher authority approval. The matter was listed adjournment.
What the court decided
DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI
Appeal No. 521/2018
Arising out of S.A. No. 496/2010 (DRT-III, Delhi)
Mansi Shankar
Vs
Arms (a Division of ARCIL)
18.07.2022 Hon’ble Mr. Justice BrijeshSethi
Present: Mr. Sanjiv Kakra, Ld. Sr. Advocate along with Mr. Shikhar Gupta for appellant and appellant in person.
Ms. Usha Singh, Ld. counsel for the respondent.
This matter has been taken up by me through Video Conferencing.
Both the parties have arrived at a settlement and it has now been agreed that respondent will pay total amount of Rs. 4,12,000/- in 12 equal monthly installments. Counsels for the respondent bank state that this settlement is, however, subject to the approval from higher authorities.
List the matter on 02.08.2022.
Parties & counsel
- appellant
Mansi Shankar
- respondent
Arms (a Division of ARCIL)
Coram
Brijesh Sethi
Case details
As recorded by the court registry
All orders in this case
10 orders share this CNR
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