M/ S Sudarshan Ceramics Pvt. Ltd. and Anr. v. Indian Overseas Bank
Case brief
What is this about?
The Bombay High Court (Nagpur Bench) commenced proceedings on the appellant's appeal concerning an inventory report and asset possession issues with a banking respondent. The court directed maintenance of status quo, issuance of notices for waiver application, and set a listing date.
What did the court decide?
Direction to maintain status quo of property; direction to issue notice to respondents via RTA/Speedpost and file affidavit of service.