Allowed
Arvind Vaid and Ors. v. Ugro Capital Limited And Ors.
DRTSA/171/2024
What the court decided
AI extract
Outcome
Allowed
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DebtsRecovery TribunaFll' Delhi
t*'JlilJ:iSrrAL LrMrrED AilD oRs
ARVINDVAIDANDORS
Itemno.08
2r.08.2024
present: 3l X}ii,-I#$a:S:l*l?::i3l'f;llentbank
Matteris taken throughVideo Conferencing/Hybrid Mode'
IA no.3789/2024
The Ld.Counsetfor applicanthas filedIA no' 3789/2024 for early hearing' Sincethe matteris ""fi'#;,'iiJr", ,*ntapprication for earlv h"uringstands disPosedof'
IA no'3598/2024
IA no.3598/2024has beenfiled by the applicant and respondent no'3 for withdrawalof the Present SA'
TheLd counselfor the applicantsubmits ;"that 9l:T:no"ntno claimwhatsoever no'3'as thein naturein respect ,o "'t;il;;;; entiredisputes, claims, ngi"'"tn'"t"O interesthas been already settledin termsof compromise d*;;;;;;"dum of understandingand now no purpose isleft to tont'n'""'iiJ'ii;;;;;beriveen the parties' He further IrO'r*that he wish to withdraw the presentSA'
The ld'counsel for the respondent bank has no objection'
ln viewofthe above submission made by the applicant'IA no' 3598/2024 is allowed.sA/171/2024 ;;;;;;;'as withdrawn'beins amicablv settled
Datealreadyfixed on 03'10'2024 before this Tribunal stands cancelled.
File beconsignedto recordroom'
€T (SUSHIL KUI{AR RASTOGI) PRESIDINGOFRCER DRT-II,Delhi
c
Arvind Vaidandors
Respondent Bank
SUSHiL KtiR RAiSOgI
As recorded by the court registry
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