Mahatma Gandhi Vidyamandir v. Religare Finvest Limited

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DEB:rS;RfCQVER'f_·APPEL�TE-Tlll ,JUf/.6.l:� MVrl/l_B)'

Misc. Appeal bt ,Dlafi No. 2542/2024y '

pated, 19._0.3.2025

'1. This .O,pplfoatlon is filed for refuha of pte •deposit of l<�.4;6�;,i;971/-, w_hich w�s depqsi\ed·by t_he Petitioner/ApJ:>eilant at the· time ·of entertaining the Appeal in, Misc .. Appeal on DUiry "No. 2542/20211

. i; It is the submission of -the· Learned .Counsel for, Petitioner/ Appellant that th.e :P,etitioner/AP,peUant had eM�(ed . i�to•a settl,ement ttlr,oµgh_ OTS proposai. As per the, ,pr,opos,al; the Petitioner/Appellant had -to .withdraw ,this amount of Rs.4,65,71,971/- nna pay ,o the 1" l<espondent M/s. Rellgare Elnvest Umltecl,

3. Learned Cou_ns.el 1" Respond/,nt, Mis. Religare Fl.h�e�.t Um[t�1J;has �o objection for refund 0( pre deposit. Learned Counsel for i"· respondent lnstltutio_n submitted that QTS, in fact, r,eacl)ed_. lf·.tM ,Petitl;:iner/AppeHanrpays ,RF8,3_1;7i,1517·, !!nder ()ts propos�l,ihe: e.ntire dues would be.wiped off and!the matter would be·setat rest.

4, It ·1s ·111rormed by Learned Counsel for Petitioner/Appellant -that .Notice to Respondents ,2 to 5. has been serv.e,1 ;hrough,'�cmail. AffUlavit 6f Ser;ike: Is -�lso filecl before DRAT, Mumbai; Mr. Hemarit Kpr�, Court-Master, (tiDG)·of:DRA'r; Mumbai, informs thanhehotice :to Respondents 2 to :5 has.been served through e-man. There·-''is no r,eptesentation fof'Respondents-2 to 5,