The Debt Recovery Appellate Tribunal allowed the withdrawal of the appeal and pre-deposit amount upon the respondent's consent, disposing of the withdrawn appeal.
Withdrawal of appeal and release of deposit amount with accrued interest to appellant No.1.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson I.A. No. 400/2024 (Withdrawal of Appeal)
Appeal on Diary No. 1649/2023
Between
M/s. Maruti Polytex & Ors. … Appellant/s V/s. Union Bank of Bank …Respondent/s
An Advocate for the Appellants is present.
Josha Pullan, i/b M/s. NN Amin & Co., Advocate for Respondent.
The matter is taken up for hearing by way of a praecipe filed by the appellants for seeking urgent relief.
The appellants have filed this I.A. No. 400/2024 for withdrawal of the appeal and also the withdrawal of the pre-deposit amount.
The respondent has no objection.
The application is allowed and the amount in deposit together with accrued interest shall be released to appellant No.1 on due acknowledgement.
The appeal is, therefore, disposed of as withdrawn.
psa-06
1
M/s. Maruti Polytex & Ors.
Union Bank of Bank
Ashok Menon
As recorded by the court registry
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