Disposed
Iyengar Saiprashanth v. Anand Rathi Global Finance Ltd.
DRTSA/392/2024
What the court decided
AI extract
Outcome
Disposed
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| 15.01.2025 | Exh. | Roznama-MDRT-II S.A. No.392 of 2024 |
Next date |
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| RST-01 | 9 | Mr. R.R. Varma, Mr. Sanket Thorat and Mr. Sachin Suware, Advocates for the Applicant. Mr. R.L. Motwani, Advocate for the Defendant. Undertaking (exhibit-9) filed by the counsel for the Applicant. Counsel for the Applicant submits that he has agreed to deposit Rs.5 lakhs within one month from today and shall pay the regular EMIs of Rs.47,795/-. In default of Rs.5 lakhs within one month from today and any regular EMIs, the Applicant shall handover the possession of the property in question. It is further made clear that in default of either payment of Rs.5 lakhs and any regular EMIs, the Applicant shall handover the possession of the property, or the Respondent would be at liberty to take possession of the secured asset. In view of the submissions and undertaking given by the counsel for the Applicant, I.A. No.56 of 2025 and S.A. No.392 of 2024 stands disposed of. File be consigned to the Record Room. Sd/- P.O. DRT-II |
Closed |
Applicant
Defendant
As recorded by the court registry
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