In the present secured application, the court observed that the parties had settled the matter. Consequently, allowed the applicants to withdraw the petition and dismissed it as withdrawn.
Allowed withdrawal of the present secured application with dismissal on settlement.
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.
CONTD. ORDER. SHEET
PAGE NO
CASE NO
| DATE | DESGRIPTION OFTHEORDER | REMARK |
|---|---|---|
| sA 1051/24 17t04t25 |
AppticantsbyShri AshishGanguty, Advocate Respondent-Bank byShriAbhishek Agrawat, Advocate Matterwastakenup onanAppticationforDismissalof SecuritisationAppticationlA 2994/75dated16/04/25 fitedbytheRespondent-Fl. TheCounselforRespondent Banksubmittedthatthe matterhasbeensetttedbetweentheParties and the Respondent-Fl has issuedSetttementLetterEx.lA-1 foranamountofRs.45Lakhtobe depositedbythe Appticants.Hefurthersubmittedthat thepresentSA istherefore notmaintainableand may bedismissed. CounselfortheAppticantsfairtyconsentedtothe submissionsmadebytheCounselforRespondent-Fl andpraystoattowtheAppticantstowithdrawalof thepresentSA. lnviewofthe factthatthematterhasbeen settted betweenthePartiesandaccordingtytheCounseIfor Appticantpraysthathemaybeattowedtowithdraw thepresentSA,thematterstandsdismissedas withdrawn.Record be consignedto rdroom. (Ram NiwasPatel.) Presidingofficer |
Ram Niwas Patel
As recorded by the court registry
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