NavinkumarPremchandSinghal v. Deustche Bank
DRTSA/246/2022
What the court decided
AI extract
Issue for consideration
Whether an order on interest concession and settlement need to be framed.
A compact analysis
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.
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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
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(BEFORE HON’BLE PRESIDING OFFICER)
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ORDER SHEET
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23.08.2022 Sr. No.904
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| SA No.246 of 2022 | ||
|---|---|---|
| 1lassify- cation |
No. of Exh. |
Mr. Navinkumar Premchand Singhal & Ors. Vs. Deutsche Bank A.G. |
| Mr Sunil Humbre i/b Mr H.A. Narhona– Advocate for the applicants. Mr R.L. Motwani – Advocate for defendant. |
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| 1. Mr Humbre submits that his client is aggregable to pay the balance amount of Rs.59 lakhs on or before 30th November 2022. He submits that the applicant will approach the bank for the settlement and for the interest concession, if any. 2. Liberty to move if the parties amicably settled the matter to withdraw the S.A. or in case the settlement fails for an appropriate order. 3. For hearing of I.A. No.1909 of 2022, stand-over to 14th October, 2022. |
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| Sd/- Presiding Officer, D.R.T.No.2, Mumbai |
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Radhika
Issues for consideration
1 issue framed by the court
AI extract
Whether an order on interest concession and settlement need to be framed.
Parties & counsel
AI extract
- applicant
Mr. Navinkumar Premchand Singhal & Ors.
- respondent
Deutsche Bank A.G.
Coram
AI extract
Presiding Officer
Case details
As recorded by the court registry
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