V M S Nirman Pvt. Ltd. and Others v. State Bank of India

IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA

Dy. No. 536 of 2023

THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON

22.11.2023

VMS Nirman Pvt. Ltd. and others ... Appellants

-Vs-

State Bank of India ……Respondents

Mr. Nemani Srinivas, Learned Counsel for the Appellant Mr. Soudip Pal Chowdhury, Learned Counsel, Ms. Saswati Sikder, Learned Counsel for the Respondent

THE APPELLATE TRIBUNAL :

Learned Counsel for the Appellant submits that cost of Rs. 25,000/- (Rupees twenty five thousand) has been deposited. It is further submitted that negotiations are going on between the parties for settlement. Some time may be granted for the settlement.

Accordingly, list on 2^nd January, 2024 for further orders. In the meantime, if settlement is arrived at between the parties, same may be filed. If not, then the compliance of the order dated 04.10.2023 should be made.