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High Court of DelhiFAO(OS)/299/2016

Pratik Rajgarhia v. Kotak Mahindra Bank Ltd

2017-08-09Hon'Ble Mr. Justice Sanjiv Khanna,Hon'Ble Mr. Justice Navin Chawla2 pages

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ fAO(OS) 284/2016 & CM No.36617/2016 NARENDRA KUMAR RAJGARHIA Appellant Through Mr.C.Mukund, AMv.

versus KOTAK MAHINDRA BANK LTD Respondent Through Mr.Arun Aggarwal, Adv.

+ FAO(OS) 299/2016 & CM No.3 8469/2016 PRATIK RAJGARHIA Appellant Through Mr.C.Mukund, Adv.

versus KOTAK MAHINDRA BANK LTD Respondent Through Mr.Arun Aggarwal, Adv.

+ FaO(OS) 301/2016 & CMNo.38863/2016 KALPANA RAJGARHIA ..... Appellant Through Mr.C.Mukund, Adv.

versus KOTAK MAHINDRA BANK LTD Respondent Through Mr.Arun Aggarwal, Adv.

CORAM:

HON'BLE MR. JUSTICE SANJIV lOIANNA HON'BLE MR. JUSTICE NAVIN CHAWLA

ORDER

% 09.08.2017 Learned counsel for the parties state that matters have been settled By:AMULYA

and payment have been made to the respondents bank in terms of the said settlement.

Learned counsel for the respondent has stated that they will be withdrawing the execution proceedings.

Learned counsel for the appellants further states that possession of the property is yet to be handed over. Learned counsel for the respondent banlc states that this issue is pending before Debt Recovery Tribunal and they have already moved application in this regard before Debt Recoveiy Tribunal and another bank is involved, These are aspects to be raised and considered by the Debt Recovery Tribunal.

In view of the settlement, appeals are dismissed as infructuous. Dasti.

'■ I i / ^ » ' I I L - SAN JIV KHANNA, J NAYllV CfifAWLA, J AUGUST 09,2017/vp