National Company Law Appellate Tribunal

The South Indian Bank Ltd. vs S. Rajagopal, Liquidator & Ors. on 8 April 2021

NATIONAL COMPANY LAW APPELLATE TRIBUNAL

PRINCIPAL BENCH, NEW DELHI

Company Appeal (AT) (Insolvency) No. 360 of 2020

& I.A. No. 258 of 2021

IN THE MATTER OF:

The South Indian Bank Ltd.

…Appellant

Vs

S. Rajagopal, Liquidator & Ors.

….Respondents

Present:

For Appellant:

Mr. Parag Maini and Mr. Abhimanyu Chopra, Advocates.

For Respondents: Ms. Varsha Banerjee and Mr. Mukund Rawat, Advocates for R-3.

O R D E R

(Through Virtual Mode) 08.04.2021: Mr. Parag Maini, Advocate submits that in view of the OTS proposal being approved and settlement reached inter-se the parties, the Appellant does not want to press the appeal. The appeal is accordingly disposed off as withdrawn.

[Justice Bansi Lal Bhat] Acting Chairperson

[Dr. Ashok Kumar Mishra] Member (Technical) am/gc

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