Nitin Patilbua Ugale v. Canara Bank
Case brief
What is this about?
The tribunal listed the matter for hearing on an urgent prayer for waiver of deposit as the secured asset was scheduled for delivery. The bank requested time to file a reply; the next hearing was posted.
What the court decided
A compact analysis
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson I.A. No. 211/2023(WoD)
In
Appeal on Diary No. 524/2023
Between
Nitin P Ugale … Appellant/s V/s.
Canara Bank & Anr. …Respondent/s
Mr V. N. Ajikumar, i/b M/s. V. N. Ajikumar & B.D. Dange, Advocate for Appellant.
Ms Vaishali Bhilare, Advocate for Respondent No.1.
The matter is taken up for hearing by way of praecipe dated 03.04.2023 filed by the Appellant for seeking urgent relief.
The Ld. Counsel appearing for the Respondent Bank seeks time to file a reply to the application for waiver of deposit stating that instructions with regard to the proceedings have not been received by the Ld. Counsel for the Respondent. The anxiety of the Appellant is that the secured asset stands posted for delivery possession tomorrow. Hence, the matter shall be posted tomorrow i.e. 11.04.2023.
Parties & counsel
- appellant
Nitin P Ugale
- respondent
Canara Bank
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
4 orders share this CNR
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