The Debts Recovery Appellate Tribunal heard an urgent appeal regarding the Respondent Bank's alleged attempt to take physical possession of the Appellant School's premises without Tribunal permission, contrary to orders dated 07.02.2023.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
Appeal on Diary No. 144/2023
Between
School Management Committee (SMC) of … Appellant/s “Mount Litera Zee School” (Soon to be changed for “Orchids the International School”)
V/s.
Nagpur Nagarik Sahakari Bank Ltd. & Anr. …Respondent/s Mr Ismail Nasikwala, i/b Mr Idris Balasinorwala, Advocate for Appellant.
Mr Sanjay Anabhawane, i/b M/s. M & S Legal Ventures, Advocate for Respondent No. 1.
-: Order dated: 17 /05/2023:-
The matter is taken up for an urgent hearing by way of a praecipe filed by the Ld. Counsel appearing for the Appellant.
1
submitted by the Ld. Counsel appearing for the Respondent Bank that there is a proposal for settling the dues by the Respondent. In that case, Bank would respond effectively. Hence, the matter stands posted for hearing on 23.05.2023.
Sd/Chairperson
mks- 22
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1 issue framed by the court
Whether the bank's attempt to take physical possession of the school constitutes a violation of the Tribunal's orders dated 07.02.2023.
School Management Committee (SMC) of Mount Litera Zee School
Nagpur Nagarik Sahakari Bank Ltd.
Ashok Menon
As recorded by the court registry
3 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
