M/ S Raunak Collection and 2 Ors. v. Bank of Baroda and 2 Ors.
Case brief
What is this about?
In this interlocutory order, the court restrained respondent no. 3 from creating third party interests or altering the nature of the auctioned property pending filing of reply by other respondents.
What did the court decide?
Direction issued to respondents that respondent no. 3 will not create third party interest or change nature of property in question.
What the court decided
Appeal Dy. No. 163/2022 Date: 03.08.2022
M/s Raunak Collection & Ors. Vs. Bank of Baroda & Ors.
Present: Shri Kushal Kant, counsel for the appellants, Shri Satyajeet Mukherjee, counsel for the respondent-Bank, Shri Abhishek Agarwal, counsel for the respondent no. 3,
Learned counsel for the respondent-Bank submits that the property has already been sold and the sale deed has been executed and the possession has already been handed over to the auction purchaser.
Learned counsel for the appellants contends that the respondent no. 3 may be directed for not creating any third party interest over the property in question.
Learned counsels for the respondents may file reply by the next date. Till the next date, it is directed that the respondent no. 3 will not create any third party interest or to change the nature of the property in question, which has been handed over to him.
List this case on 15.11.2022 for reply.
VN Giri
Justice R. D. Khare Chairperson
Issues for consideration
2 issues framed by the court
Whether to restrain respondent no. 3 from creating third party interest or changing the nature of auctioned property
Whether to direct appointment of receiver for the auctioned property
Parties & counsel
- appellant
M/s Raunak Collection & Ors.
- respondent
Bank of Baroda & Ors.
- respondent
Respondent no. 3
Coram
Case details
As recorded by the court registry
All orders in this case
10 orders share this CNR
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