M/S Ur Engineering Company and 2 Ors. v. Bank of Maharashtra and Anr.
Case brief
What is this about?
The court disposed of an urgency application in a case involving a bank recovery matter. Counsel submitted that over 30% of the dues were realized via auctions, arguing against further pre-deposit. The court directed the appellant to serve notices via three modes to the bank for the scheduled auction and listed the case for the next date.
What did the court decide?
Direction to appellant to serve notice upon respondents via three modes (Registered post AD, Speed Post, Dasti) for the upcoming auction and affix affidavit of service by the next date.