Appeals against arbitral awards were disposed of as settled after the parties reached a settlement, consent terms were filed, and the appellant was confirmed as the purchaser of the property with the dues discharged.
Appeals disposed of as settled following the settlement between parties.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
I.A. No. 805/2023 (Stay)
In
Appeal No. 75/2023
Between
Yohan Poonawalla … Appellant/s V/s.
Prateek Pradeep Agarwal & Ors. …Respondent/s
Mr. Anuj Desai, along with Ms Shaheda Madraswalla & Mr. Vinit Udernani, i/b M/s. Vashi & Vashi, Advocate for Appellant.
Mr. Rohit Gupta, along with Mr. Umang Mehta Advocate for Respondent No. 1.
Ms. Khushboo Acharya, i/b M/s. Hedgehog and Fox Llp, Advocate for Respondent Nos. 2 and 5.
AND I.A. No. 815/2023 (Stay) In Appeal No. 76/2023
Between
India Bulls Housing Finance Ltd. & Anr. … Appellant/s V/s.
Prateek Pradeep Agarwal & Ors. …Respondent/s Ms. Khushboo Acharya, i/b M/s. Hedgehog and Fox Llp, Advocate for Appellant.
Mr. Rohit Gupta, along with Mr. Umang Mehta, Advocate for Respondents.
-: Common Order dated: 10/06/2024:-
The parties have come to a settlement in these appeals and consent terms have been filed. The auction purchaser who is the appellant in Regular No. 75/2023 is confirmed as the purchaser of the property the lender has discharged the amount due to the creditor and the debts have been settled. Given the settlement arrived at and consent terms filed, the appeals are disposed of as settled.
Sd/-
Chairperson
rm-13-14
1
Yohan Poonawalla
Prateek Pradeep Agarwal
India Bulls Housing Finance Ltd.
Ashok Menon
As recorded by the court registry
2 orders share this CNR
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