Vistra ITCL (India) Limited and Anr. filed a Commercial Execution Application (L) No. 27991 of 2021 against Kakade Estate Developers Pvt. Ltd. & Ors. An Interim Application (L) No. 30726 of 2024 was filed seeking withdrawal of the execution proceedings, as the parties were attempting to settle the claims through a settlement agreement. The settlement agreement involved third parties in addition to the Judgment Debtor. The Applicants sought the liberty to file a fresh Execution Application if the settlement agreement is breached. The Respondents did not object to the withdrawal. The Interim Application was filed because the settlement agreement did not provide a mechanism for certain issues.

Vistra ITCL (India) Limited and Anr. filed a Commercial Execution Application (L) No. 27991 of 2021 against Kakade Estate Developers Pvt. Ltd. & Ors. An Interim Application (L) No. 30726 of 2024 was filed seeking withdrawal of the execution proceedings, as the parties were attempting to settle the claims through a settlement agreement. The settlement agreement involved third parties in addition to the Judgment Debtor. The Applicants sought the liberty to file a fresh Execution Application if the settlement agreement is breached. The Respondents did not object to the withdrawal. The Interim Application was filed because the settlement agreement did not provide a mechanism for certain issues.