Bollywood actor Salman Khan on Wednesday withdrew an insolvency appeal filed before the appellate tribunal NCLAT against Jerai Fitness, after settling over Rs 7.24 crore dispute.

Counsel appearing for Salman Khan submitted before the NCLAT that the demand draft, as per the consent terms executed, has been handed over to them and requested permission to withdraw the appeal.

A two-member bench comprising Chairperson Justice Ashok Bhushan and Member (Technical) Arun Baroka took the consent Terms signed between Salman Khan and Jerai Fitness on record and allowed the Bollywood actor to withdraw his appeal.

“Appellant (Salman Khan) is permitted to withdraw the appeal. Appeal is dismissed as withdrawn,” said a one-page order by NCLAT.

The dispute was related to ‘BEING STRONG’, a fitness equip

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