Debts Recovery Tribunals and Appellate Tribunals

VEDANTA LANDSCAPE LLP vs AXIS BANK LTD AND OTHERS on 19 February 2026

Exh-8

IN THE DEBTS RECOVERY TRIBUNAL-II AT AHMEDABAD (Pankaj Kumar Upadhyay, Presiding Officer)

Sr. No.16 MA/06/2026

19.02.2026

Present:

<table border="1"> <tr> <td style="text-align: center;"> <p><b>Vedanta Landscape LLP</b><br/> <b>Vs.</b><br/> <b>Axis Bank</b></p> </td> </tr> <tr> <td> <p>Ms. Naziya Halwawala, Ld. Proxy Counsel for the Applicant.<br/> Mr. Himanshu Vij, Ld. Proxy Counsel for the Respondent Bank through virtual mode.</p> <p>Ld. Counsel for the Applicant has filed Pursis for withdrawal Ex.A/07, which is taken on record.</p> <p>Ld. Counsel for the Applicant filed withdrawal Pursis Ex.A/07, mentioning therein that <i>the Applicant has received Demand Draft No.105033 dated 5<sup>th</sup> February 2026 drawn on Axis Bank Ltd. for a total amount of Rs.2,47,19,695.89p (Two Crore Forty-Seven Lakhs Nineteen Thousand Six Hundred Ninety-Five and Eighty-Nine Paisa only), being the refund of the sale consideration of INR 1,17,00,000.00p together with interest as directed by the Hon'ble Tribunal. She further submitted that in view of refund of the sale consideration amount the present Miscellaneous Application become infructuous and needs to be withdraw unconditionally.</i></p> <p>In view of the refund of total sale consideration amount together with interest and as the Applicant wants to withdraw the present case unconditionally the present Miscellaneous Application deserves to be disposed of as withdrawn.</p> <p>Hence, the present Miscellaneous Application is disposed of as withdrawn on the basis of Withdrawal Pursis Ex.A/07 with no order as to cost.</p> <p>Order accordingly.</p> <p>File be consigned to records.</p> <div style="text-align: right; margin-top: 20px;"> <p><b>(PANKAJ KUMAR UPADHYAY)</b><br/> <b>PRESIDING OFFICER</b><br/> <b>DRT-II, AHMEDABAD</b><br/> <b>19.02.2026</b></p> </div> </td> </tr> </table>

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