Sat Pal Yadav v. Noble Co. Opretive Bank Ltd.
Case brief
What is this about?
An interim order maintaining status quo on property pending response to an appellant's affidavit after directing the waiver application. Adjudicators listed the case for future hearing.
What did the court decide?
Status quo maintained; case listed for reply on 24.01.2023.
What the court decided
Appeal Dy. No. 478/2022 Date: 17.10.2022
Satpal Yadav Vs. Noble Co-Operative Bank Ltd.
Present: Shri Harsh Chopra, counsel for the appellant, Shri V. K. Dixit, counsel for the respondent-Bank,
Rejoinder has been filed on behalf of the appellant, copy of which has been given to the counsel for the respondent-bank today in court.
Learned counsel for the appellant contends that the Bank had auctioned the property, but it itself has purchased the same, therefore, the waiver application deserves to be allowed.
In view of the above, the waiver application stands allowed.
Learned counsel for the appellant has filed another affidavit dated 15.10.2022 after serving copy of the same to the counsel for the respondent-Bank, who may file response to the said affidavit by the next date. Till then the status quo qua the property in question, as it exists today, shall be maintained by all the parties concerned.
List this case on 24.01.2023 for reply.
Justice R. D. Khare Chairperson
VN Giri
Parties & counsel
- appellant
Satpal Yadav
- respondent
Noble Co-Operative Bank Ltd.
Coram
R. D. Khare
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · October
- CNR
- 091090004782022
- Topic
- Banking and Recovery
All orders in this case
16 orders share this CNR
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