The Debt Recovery Appellate Tribunal dismissed the appeal RA(SA) 38/2020 as withdrawn upon presentation of a settlement memo filed by the appellants.
Permission to withdraw the appeal granted; appeal dismissed as withdrawn.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 11th Day of March, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
RA(SA) 38/2020
(Arising out of SA 78/2018 on the file of DRT-I, Bangalore)
Between
Also At:
No.198, Bommasadra Industrial Area, 3rd Phase, Hosur Main Road, Bangalore 560 099.
Appellants 2 to 5 are residing at:
No.7 & 8, Municipal No.5, 1st Floor, 8th Main, 1st Cross, LIC Colony, Jayanagar, 3rd Block, Bangalore 560 011.
..…Appellants
And
1
….Respondents
Counsel for Appellant : Shri M.A. Rajendra Counsel for 1st Respondent Bank : Shri D. Sathyaraj
R2 is given up
ORDER
Ld. Counsel for both sides are present.
When the matter is taken up, Ld. Counsel for appellants submitted that matter has been settled between parties and a Memo to that effect is filed. Ld. Counsel for appellants sought permission to withdraw this appeal. Permission is accorded.
In view of the Memo stating settlement between parties, this Appeal RA(SA) 38/2020 is dismissed as withdrawn.
Pending IAs, if any, stand closed.
Sd/-
[Justice G. Chandrasekharan] CHAIRPERSON
2
M/s A.W. Industries Pvt. Ltd.
Mr. Syed Tanveer
Mr. Syed Masood Ahmed
Mr. Atharunnisa Begum
Mr. Syed Tanveer S/o Syed Masood Ahmed
MsSyed Manzoor Hameed
G. Chandrasekharan
As recorded by the court registry
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