Ali Ahmed Khan S/O. Tahseen Ahmed Khan v. Bombay Mercantile Co-Operative Bank Ltd., Aurangabad through Its Branch Manager and Another
Case brief
What is this about?
On settlement between parties before the Debts Recovery Tribunal with a repayment schedule till 2025, the court directed the Trial Court to keep ongoing criminal recovery proceedings in abeyance until the settlement period expires and disposed of the writ petition.
What did the court decide?
Directed the learned Judicial Magistrate First Class, Aurangabad to keep the proceedings under SCC No.2171 of 2016 in abeyance till 25.3.2025.