M/S JANSEVAK TEXTILE MILL vs CHANCHAL TRADING COMPANY

$~150
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ RFA 682/2015
M/S JANSEVAK TEXTILE MILL ….. Appellant
Through: Mr. Vipul Goel, Advocate

versus

CHANCHAL TRADING COMPANY ….. Respondent
Through: Ms. Radhika Goel, Advocate

CORAM:
HON’BLE MR. JUSTICE C. HARI SHANKAR

O R D E R (O R A L)
% 29.02.2024

CM APPL.12419/2024

1. This appeal stands amicably settled between the parties.
2. By this application and consequent to the terms of settlement, the appellant prays that FDR No.62200300003827 dated 1 December 2022 for ? 5 lakhs deposited in the DDA Commercial Centre, Vikaspuri Branch of the Bank of Baroda, along with interest accrued thereon, be released to the appellant and that, out of the FDR bearing No. 922040088812875 dated 29 November 2022 for ? 10 Lakh deposited at the Axis Bank, Vikaspuri Branch, New Delhi, ? 6.5 lakhs alongwith interest accrued thereon be released to the legal heirs of the respondent namely Mrs. Manisha Khattar and Mr. Abhinav Khattar and ?3.5 lakhs with interest accrued thereon be released in favour of the appellant.
3. The Respondent is present in person as well as represented by counsel. She submits that she has no objection to the grant of the prayer in the application.

4. Accordingly,
(i) FDR No. 62200300003827 dated 1 December 2022 for ? 5 lakhs deposited in the Bank of Baroda, G-25, G Block, DDA Commercial Centre, Vikaspuri Branch, New Delhi, along with interest accrued thereon, is directed to be released to the appellant, and
(ii) out of the amount of ? 10 lakh deposited in the FDR bearing No. 922040088812875 dated 29 November 2022 at Axis Bank, Vikaspuri Branch, New Delhi,

(a) ? 6.5 lakhs along with interest accrued thereupon, be released to the legal heirs of the respondent namely Mrs. Manisha Khattar & Mr. Abhinav Khattar, and
(b) ?3.5 lakhs along with interest accrued thereon be is directed to be released to the appellant.

5. The application is allowed in the aforesaid terms.
RFA 682/2015
6. In view of the order passed in CM APPL.12419/2024, the appeal stands disposed of.
7. The next date of 6 May 2024, earlier fixed, shall stand cancelled.

C.HARI SHANKAR, J
FEBRUARY 29, 2024
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