The Maharasthtra State Co-Operative Bank Limited v. Arun Vishnu Abhyankar
Case brief
What is this about?
Held that the mandatory notice under Section 164 of the Maharashtra Co-operative Societies Act was not required as acquiring tenanted premises was incidental to banking. Eviction decree confirmed, but Bank permitted to stay for one year pending Board Resolution.
What did the court decide?
Bank permitted to continue in the suit premises for a period of one year from the date of the order.