Shri Shashikant Basudeo Pasari v. Central Bank of India & Ors.
Case brief
What is this about?
Limited order in DRAT miscellaneous appeal where appellant claimed settled status but bank had no instructions. Appellant granted time to report settlement; otherwise, appeal to be heard on next date.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT : MUMBAI Present : Mr. Justice Ashok Menon, Chairperson Misc. Appeal No. 179/2013
Between
Mr. Shashikant Basudeo Pasari … Appellant/s V/s. Central Bank of India & Ors. …Respondent/s
Mr. Sunil A Humbre, Advocate for Appellant. Mr. V. K. Nair, Advocate for Respondent No. 1 Bank.
-: Order dated : 27/04/2022 :-
Learned counsel appearing for Appellant submits that the matter has been settled. Learned counsel appearing for Bank submits that he has no instructions about the settlement.
Learned counsel appearing for Appellant seeks time for reporting settlement and for filing Consent Terms.
If settlement is not getting through, the parties are directed to get ready for hearing of the Appeal on the next date, positively.
Post on 20.06.2022 for reporting settlement / hearing.
dpj/mks-33
Issues for consideration
2 issues framed by the court
Whether the appeal can be disposed of given the lack of instructions from the bank regarding a reported settlement.
Whether to grant the appellant time for reporting settlement and filing consent terms.
Parties & counsel
- appellant
Shashikant Basudeo Pasari
- respondent
Central Bank of India
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
3 orders share this CNR
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