The Tribunal allowed an interim application to substitute the first respondent bank, Oriental Bank of Commerce, with Punjab National Bank due to a merger. The amendment was set to be carried out within two weeks.
Substitution of the first Respondent Bank Oriental Bank of Commerce with Punjab National Bank allowed.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
I.A. No. 470/2022 (Amendment) In Appeal No. 297/2009
Between
M/s. Jagyasu Enterprises P. Ltd. & Ors. … Appellant/s V/s.
Oriental Bank of Commerce …Respondent/s
Ms Vrushali Agarwal, i/b M/s. Raval-Shah & Co., Advocate for Appellant.
The Appellants have filed I.A. No. 470/2022 for substituting the first Respondent Bank Oriental Bank of Commerce with Punjab National Bank into which it has merged.
The application is formal in nature and there are no objections filed.
The application is allowed.
The amendment shall be carried out within two weeks.
Post on 21.10.2022 before Registrar for carrying out amendment.
Sd/Chairperson
mks-31
1
M/s. Jagyasu Enterprises P. Ltd. & Ors.
Oriental Bank of Commerce
Ashok Menon
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
