In a Lok Adalat held on 28.09.2024, the matter between Ultra Bright Cements Ltd. and Asset Reconstruction Co. (India) Ltd. was settled via withdrawal application. An award (Exhibit-17) was passed, noting the settlement.
Matter withdrawn/settled; Award (exhibit-17) passed.
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.
BEFORE LOK ADALAT HELD ON 28th September, 2024
SETTLEMENT OF CASES PENDING IN DEBTS RECOVERY TRIBUNAL-2, MUMBAI AT MTNL BHAVAN 3RD FLOOR, COLABA, MUMBAI – 400 005 Reference: Officer Order No.56/2024, dated 24/09/2024. Officer of the District Legal, Services Authority, Mumbai
28.09.2024 Sr. No.06
| SA No.148 of 2023 | ||
|---|---|---|
| classifi -cation |
No. of Exh. |
Ultra Bright Cements Ltd. Vs. Asset Reconstruction Co. (India) Ltd. |
| An Advocate for the applicant present with bank officer. | ||
| 16 17 |
1. Matter withdrawn/settled before Lok Adalat as per withdrawal application (exhibit-16) filed by the parties. Accordingly, the Award (exhibit-17) is passed. |
|
| Sd/- I/c Registrar, DRT-2, Mumbai |
Nidhi
Ultra Bright Cements Ltd.
Asset Reconstruction Co. (India) Ltd.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
