Kalash Builders Developers Th Its Harishwar Mende v. Home Frist Finance Company India Ltd.
Case brief
What is this about?
The Debts Recovery Appellate Tribunal allowed a prayer for the withdrawal of an appeal due to a settlement between parties. It ordered the release of deposited amounts with interest to the respondent via RTGS and disposed of the appeal as withdrawn.
What did the court decide?
Deposit of ₹1.25 crore with accrued interest to be released to respondent; appeal disposed of as withdrawn.