In a settlement matter before the DRT Mumbai, parties agreed to regularize the applicant's account by paying Rs. 21,00,000 in installments. Upon successful settlement, the special application and IA were disposed off and the file closed.
Settlement terms accepted; Special Application and IA disposed off; file closed.
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.
| 14/03/2023 | Ex. No. |
Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. Roznama in SA 25 of 2023 ARFA Tours and Travels and Others Vs Shriram City Union Finance Ltd |
Next date |
|---|---|---|---|
| Advocate Mr. A.J. Rizvi and Advocate Mr. A.J. appeared for the applicant. Advocate Ms. Aparna D. Jagtap appeared for the respondent. After deliberation both parties are arrived to settle the present matter with the terms and conditions as stipulated in the praecipe therefore, the said praecipe shall remain part of the present order. Both parties are hereby directed to follow terms and conditions as agreed between them today. In case of the default relevant default clause shall follow. Pursuant to discussions between the parties, the Applicants have agreed to regularize the account by paying the aforementioned amount of Rs. 21,00,000 (Rupees Twenty One Lakhs Only) in the following manner: I) An amount of Rs. 5,25,000 (Rupees Five Lakhs and Twenty Five Thousand Only) on or before March, 17, 2023; |
| II) An amount of Rs. 5,25,000 (Rupees Five | Lakhs | |
|---|---|---|
| and Twenty Five Thousand Only) on or April 5, 2023; |
before | |
| III) An amount of Rs. 5,25,000 (Rupees Five and Twenty Five Thousand Only) on or May 5, 2023; and |
Lakhs before |
|
| VI) An amount of Rs. 5,25,000 (Rupees Five and Twenty Five Thousand Only) on or June 5, 2023. Since both parties entered into an agreem |
Lakhs before ent / |
|
| settlement therefore nothing survived present SA and thus the present SA alongw IA No. 275/2023 is hereby disposed off. File be closed and confined to record room. |
in the ith the |
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| Ex-12 Ex-13 |
Affidavit in rejoinder Joint pursis filed by the parties. |
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| P.O. DRT-I |
Sgj/-9
ARFA Tours and Travels and Others
Shriram City Union Finance Ltd
Dr. Rekha G. Dhakar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
