The NCLT disposed of Settlement Appeal SA 202 of 2023 as prayed, observing that the matter was settled between the parties with the submission of evidence regarding full settlement, release of properties, and discharge of charges.
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Order Sheet
Case No. SA 202 of 2023 SAKET INFRA DEVELOPERS PRIVATE LIMITED –VS- ICICI BANK LIMITED Office action with Date of date and dated Order with Signature Signature of the Order Parties whennecessary
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15.3.2024 Mr. Gaurav Singh. (Sl. No. 23) … For the Applicants. Mr. Avishek Guha. Ms. Sreyashi Sen, Ms. Ritika Pal, … For the Respondent Bank. Learned counsel for the respondent bank submits that the matter has been settled with the borrower/applicant and has filed copy of letter regarding settlement which speaks that the bank has received entire OTS amount and all the mortgaged properties were released and all the charges have been released. In view of settlement, SA is disposed of as settled between the parties.
(Ambuja Mohan Das) Presiding Officer
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SAKET INFRA DEVELOPERS PRIVATE LIMITED
ICICI BANK LIMITED
Ambuja Mohan Das
As recorded by the court registry
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