The Debts Recovery Appellate Tribunal recorded a consensus between the appellant and respondent bank to settle the matter. It directed the appellant to submit a settlement proposal, with a condition to appear in person if settlement fails.
The appellant was directed to approach the respondent bank with a settlement proposal.
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DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI Appeal No. 62/2020 Arising out of O.A. No. 97/2016 (DRT-I, Delhi)
Vinod Kumar Arora Vs M/s DCB Bank Ltd.
19.09.2022 Hon’ble Mr. Justice Brijesh Sethi
Present: Mr. Rajiv Sharma, Ld. Counsel for appellant.
Mr. Subhankar Sehgal, Ld. Counsel for respondent bank.
This matter has been taken up by me through Video Conferencing.
The Ld. Counsel for appellant states that appellant is ready to settle the matter. Ld. Counsel for respondent bank is agreeable to the same. Let the appellant approach the respondent bank with a proposal for settlement. In case efforts for settlement does not materialized, the concerned Manager of the respondent bank and the appellant shall appear in person before this Tribunal through video conferencing on the next date of hearing.
List this matter on 14.12.2022 for further proceedings.
(CHAIRPERSON)
N
Vinod Kumar Arora
M/s DCB Bank Ltd.
Brijesh Sethi
As recorded by the court registry
7 orders share this CNR
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