In an urgency application, the Appellant sought an early hearing due to a proposed settlement involving property forfeiture and a Rs. 90 Lacs deposit. The Tribunal fixed the matter for further orders on 16.10.2023.
Matter fixed for further orders on 16.10.2023; Appellant to supply copy of application to opposite parties.
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DEBT RECOVERY APPELLATE TRIBUNAL - ALLAHABAD
REGULAR APPEAL/89/2016
M/S SAVITRI DEVI AUTOMOBILES PVT LTD AND OTHERS V/S BANK OF BARODA
Date: 04/10/2023
Learned Counsel for appellant has filed Urgency Application (I.A. No. 791/2023) on the grounds that the appellant and the respondent bank have entered into a settlement and as per the settlement, the appellant has agreed to forgo his rights over the property and further agreed to deposit Rs. 90.00 Lacs.
The next date already fixed in this case is 08.11.2023.
In view of the submission made out in the urgency application, let the matter be placed before the Hon’ble Court on 16.10.2023 for further orders.
Ld. Counsel is directed to supply copy of the Application to opposite parties and also intimate the date fixed to the opposite parties.
Registrar ALLAHABAD DRAT
M/S SAVITRI DEVI AUTOMOBILES PVT LTD AND OTHERS
BANK OF BARODA
As recorded by the court registry
15 orders share this CNR
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