The Debts Recovery Appellate Tribunal disposed of the appeal as settled upon the appellants' application. The pre-deposit amount with accrued interest was directed to be released to the respondent bank.
Release of pre-deposit amount with accrued interest to the respondent bank upon proper acknowledgement.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson
I.A. No. 25/2025 (Withdrawal)
In
Misc. Appeal No. 122/2024
Between
Shailesbhai D. Nakarani & Ors. … Appellant/s
V/s.
ICICI Bank Ltd. …Respondent/s
Mr Dhrumit D. Chauhan, Advocate for Appellants.
The matter is taken up for hearing by way of a praecipe filed by the appellants for seeking urgent relief.
The appellants have applied to withdraw the appeal stating that the matter has been settled with the respondent bank. Hence, settlement is recorded and the appeal, as well as the S.A., are disposed of as settled and the amount lying in pre-deposit together with accrued interest shall be released to the first respondent bank on proper acknowledgement.
Interlocutory applications, if any, are dismissed as infructuous.
mks-36
1
Shailesbhai D. Nakarani & Ors.
ICICI Bank Ltd.
Ashok Menon
As recorded by the court registry
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