Ganpat Tukaram Digaskar Since Decd. Thr His Sole Legal Heir Sadanand Ganpat Digaskar v. the Cosmos Cooperative Bank Limited and Ors.
Case brief
What is this about?
Writ petitions challenged orders arising from a cooperative bank's applications under Rule 107(11) of the MCS Rules, 1971 for attachment and possession. The bank agreed to withdraw those applications and file fresh ones before the Chief Judicial Magistrate with notice to petitioners; impugned orders were quashed and petitions disposed of without entering merits.
What did the court decide?
Impugned orders quashed; bank permitted to file fresh Rule 107 application with notice to petitioners; rights kept open.