Single-judge order allowing interim application for withdrawal of an ongoing appeal where parties reached a settlement. Appeal disposed as withdrawn without inviting response.
Interim application allowed; main appeal (OA No.240/2022) disposed of as withdrawn.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
| OrderSheet(continuation) | ||
|---|---|---|
| CaseNo. .OA/240/20 |
**AxisBankLtd. Vs.PurushottamLalSinghania& ** 22.> ,,_' |
Ors. ,_.., |
| Dateof Order |
Orderwithsignature | Office action withdateand datedsignature ofparties when necessary |
| 14/12/2022 OrderNo. 26/tsm |
Ldcounsel Mr. Rajeev Maity appearsfortheapplicantbank. ApplicanthasmovedtheI.A.2308of2022byputuppetition, beingI.A.2307of2022prayingforwithdrawalofthemainO.A. and also seeksforrefundoftheTribunalfees. The .I.A.is supportedby anaffidavitaffirmedby Mr. ArnaChatterjee, authorizedsignatoryoftheapplicantbank.Settlementletteris alsoannexedtotheinstantI.A. Ldcounselfortheapplicantsubmitsthatduringthependency oftheO.A. OneTimesettlementhas beenarrivedatbetweenthe partiesatRs.2,80,00,000andentireamountwasdepositedby thedefendantandapplicantbankisnotgoingtocontinuethe instantproceeding. Sincethisis anamicablesettlementbetween thepartiesandapplicantbankintendstowithdrawthemain O.A., noprejudicewill be causediftheI.A.is allowedwithout invitingresponsefromotherside. AccordinglyinstantI.A.is allowed andstandsdisposedofin I thecategoryofdismissed aswithdrawn, asamicablysettled.So fartherefundofTribunalfees is concerned,theapplicantmay . movebeforetheLdRegistrarofthis:rribunalwhomaytake decision in accordancewiththerules ,andregulationsonthe subject. O.A. No.240of2022alongwithallotherpendingLAsare disposedofaswithdrawn. File be consignedtorecord. ---- (AMBUJA MOHAN DAS) PRESIDING OFFICER |
Axis Bank Ltd.
Purushottam Lal Singhania & Others
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
