Disposed

Edelweiss Asset Reconstruction Company Limited v. Advanced Computers and Mobiles India Private Limited

DRT3 Jan 2024OA/640/2023

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed an interlocutory application withdrawing the Original Application upon settlement between parties. The court dismissed the Original Application as withdrawn and directed refund of fees.

What did the court decide?

Allowed interlocutory application for withdrawal; dismissed Original Application as withdrawn; directed refund of court fees.

Edelweiss Asset Reconstruction Company Limited versus Advanced… — Banking and Recovery | DRT (2024)

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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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Sr. No.25

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INTERLOCUTORY APPLICATION No.2742 of 2023 In

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ORIGINAL APPLICATION

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NO.640 of 2023

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Edelweiss Asset Reconstruction Co.

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Ltd. … Applicant

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Versus

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Avanced Computers and Mobiles India Pvt. Ltd. … Defendant

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Mr Priyansh Jain i/b M/s. Apex Law Partners – Advocates for the applicant.

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None for defendant.

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Shri Deepak M. Thakkar Presiding Officer, 3^rd January 2024.

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ORDER

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The parties have amicably settled the dispute for Rs.3.50 crores. The applicant issued no dues certificate on 8^th December 2023. Mr Jain, representing the applicant, requests the Tribunal to withdraw the Original Application. Permission granted.

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Interlocutory Application No.2742 of 2023 is allowed with no order as to costs.

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Sd/-

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(Deepak M. Thakkar) Presiding Officer, DRT-2, Mumbai

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Radhika

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

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(BEFORE HON’BLE PRESIDING OFFICER)

ORDER SHEET

03.01.2024

Sr. No.25

		OA No.640 of 2023
classifi- cation	No. of Exh.	Edelweiss Asset Reconstruction Company Ltd. Vs. Advanced Computers and Mobiles India Pvt. Ltd.
		Mr Priyansh Jain i/b M/s. Apex Law Partners – Advocates for the applicant. None for defendant.
		1. Order in Interlocutory Application No.2742 of 2023 passed separately. 2. In view of the order passed in I.A. No.2742 of 2023, Original Application No.640 of 2023 stands dismissed as withdrawn with no order as to costs. 3. The learned Registrar is directed to refund the court fees as per the Rules.
		Sd/- Presiding Officer, DRT-2, Mumbai

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Radhika

Edelweiss Asset Reconstruction Company Limited v. Advanced Computers and Mobiles India Private Limited

Case brief

What is this about?

What did the court decide?

Edelweiss Asset Reconstruction Company Limited v. Advanced Computers and Mobiles India Private Limited

Case brief

What is this about?

What did the court decide?

What the court decided

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