The case involves an appeal where Pawan Kumar Manguturam Bairagra is the appellant and Encore Asset Reconstruction Company Ltd. is the respondent. Both parties are represented by their respective counsels. The respondent has stated their willingness to accept the principal amount of Rs. 24.10 Crores to settle the matter, with a condition that they will not proceed against the Personal Guarantor. The court has directed the appellant's counsel to seek instructions from the appellant regarding this settlement offer. The relevance of the facts lies in the potential resolution of the appeal through a settlement agreement.

The case involves an appeal where Pawan Kumar Manguturam Bairagra is the appellant and Encore Asset Reconstruction Company Ltd. is the respondent. Both parties are represented by their respective counsels. The respondent has stated their willingness to accept the principal amount of Rs. 24.10 Crores to settle the matter, with a condition that they will not proceed against the Personal Guarantor. The court has directed the appellant's counsel to seek instructions from the appellant regarding this settlement offer. The relevance of the facts lies in the potential resolution of the appeal through a settlement agreement.