Bank of Baroda v. M/s Sainath Paper Mill
Case brief
What is this about?
The Debt Recovery Appellate Tribunal, Mumbai, addressed three appeals in which appellants (Bank of Baroda) submitted that respondents have entered a settlement to pay amounts in instalments, with the last payment due by the end of September. The tribunal directed the parties to post for reporting compliance by 04.10.2023.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
Appeal No. 05/2018
Between
Bank of Baroda & Anr. … Appellant/s
V/s.
M/s. Gujarat Agro …Respondent/s
AND
Appeal No. 06/2018
Between
Bank of Baroda & Anr. … Appellant/s
V/s.
M/s. Sainath Paper Mill …Respondent/s
AND
Appeal No. 07/2018
Between
Bank of Baroda & Anr. … Appellant/s
V/s.
M/s. Shashikant & Co. …Respondent/s
Mr. Pranil Pawar, along with Ms. A. Anchal, i/b M/s. Rathina Maravarman, Advocate for Appellants.
An Advocate for the Respondent is present.
-: Common Order dated: 17/07/2023:-
The Ld. Counsel appearing for the parties submit that they have entered into a settlement according to which, certain amounts
1
need to be paid in instalments, and that the last instalment is to be paid by the end of September.
Post on 04.10.2023 for reporting compliance.
Issues for consideration
1 issue framed by the court
Whether to grant extension or report on a settlement involving instalment payments post-04.10.2023
Parties & counsel
- appellant
Bank of Baroda & Anr.
- respondent
M/s. Gujarat Agro
- respondent
M/s. Sainath Paper Mill
- respondent
M/s. Shashikant & Co.
Coram
Case details
As recorded by the court registry
All orders in this case
8 orders share this CNR
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