Axis Trustee Services Limited and Another v. Reliance Infrastructure Limited
Case brief
What is this about?
The Debt Recovery Appellate Tribunal dismissed the appeal as withdrawn by the appellants, who stated that a settlement had been reached.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson
Appeal No.40/2024
Between
Axis Trustee Services Ltd. & Ors.
… Appellant/s
V/s.
Reliance Infrastructure Ltd. …Respondent/s
Mr Vishnu Shriram i/b M/s. Khaitan & Co., Advocate for Appellants. Mr Mufaddal Paperwala along with Mr Shivshankar P. i/b M/s. Crawford Bayley & Co., Advocates for Respondent.
The Ld. Counsel appearing for the appellants submits that the parties have reached the settlement and they wish to withdraw the appeal. Steps are being taken to comply with the directions of the Debts Recovery Tribunal-II, Mumbai to restore the physical possession of the property.
The Appeal stands dismissed as withdrawn.
Sd/Chairperson
Parties & counsel
- appellant
Axis Trustee Services Ltd.
- respondent
Reliance Infrastructure Ltd.
Coram
Mr. Justice Ashok Menon
Case details
As recorded by the court registry
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