Manojkumar Lunkad v. Punjab National Bank
Case brief
What is this about?
This appeal was taken up for hearing via a praecipe. The debt recovery tribunal adjourned the matter to June 20, 2023, to consider a waiver application.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson I.A. No. 360/2023 (WoD) In Appeal on Diary No. 886/2023
Between
Manojkumar Sureshchand Lunkad & Ors. … Appellant/s
V/s.
Punjab National Bank & Ors. …Respondent/s
Mr. Gaurang Kinkhabwala along with Ms. Sonali Jain, Advocate for Appellants.
Mr. Sidharth Samantrey along with Mr. Kushal Sawant, i/b Mr Puneet Gogad, Advocate for Auction Purchaser.
The matter is taken up for hearing by way of a Praecipe filed by the Appellants for seeking urgent relief.
The Ld. Counsel appearing for the Respondents submits that their reply will be filed with an advance copy to the Counsel appearing for the Appellants.
The Appellants have already been protected by the impugned order of the D.R.T.-Pune till at least 24.06.2023. The Ld. Counsel appearing for Respondents submits that even if the amount which was directed to be deposited in an earlier Appeal which was filed by the Appellants there is a shortfall of around ₹11 lakhs to be deposited by the Appellants.
The Ld. Counsel for the Appellants expresses his willingness to deposit that amount as well within four days.
Post on 20.06.2023 for a hearing on the waiver application.
Sd/-
psa-03
1
Manojkumar Sureshchand Lunkad & Ors.
Punjab National Bank & Ors.
Ashok Menon
As recorded by the court registry
2 orders share this CNR
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