Appeal disposed of as withdrawn due to settlement between parties. Released amounts: ₹9.85 crores to Appellant, balance with interest to Respondent. Interlocutory applications dismissed as infructuous.
Misc. Appeal disposed of as withdrawn; interlocutory applications dismissed as infructuous.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
Misc. Appeal No.49/2023
Between
Anand Rathi Global Finance Ltd.
V/s.
Vinay Sunder Awatramani & Anr.
Mr Mangesh D Patel, Advocate for Appellant.
Mr Rishabh Shah along with Ms Simran R. Grover, i/b M/s Khaitan Legal Associates, Advocate for Respondents.
It is submitted by both sides that the matter has been settled between the parties and a Joint Minutes has been submitted by the Appellant and Respondents. In accordance with the Minutes from out of the amount in deposit before this Tribunal a sum of ₹9.85 crores shall be released to the Appellant Financial Institution and the balance amount with the accrued interest shall be released to Respondent No. 1 on proper acknowledgement.
With these observations, the Misc. Appeal is disposed of as withdrawn.
Interlocutory Applications, if any, are dismissed as infructuous.
mks-28
1
Anand Rathi Global Finance Ltd.
Vinay Sunder Awatramani & Anr.
Ashok Menon
As recorded by the court registry
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