Bafna Motors Mumbai P Ltd. v. Union Bank of India
What the court decided
A compact analysis
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
Misc. Appeal on Diary No. 429/2024
Between
Bafna Motors (Mumbai) Pvt. Ltd. & Anr. … Appellant/s V/s.
Union Bank of India & Ors.
…Respondent/s
An Advocate for the Appellants is present.
Mr. Bhavesh Poojary, i/b M/s. MDP Legal, Advocate for Respondents appeared through a Video Conference.
-: Order dated: 18/12/2024:-
The matter is taken up for hearing by way of praecipe filed by the appellants for seeking urgent relief.
As per the direction of the Hon’ble Supreme Court of India vide judgment dated 13.12.2024, there is the direction to the borrower to unconditionally withdraw the Securitisation Application (S.A.)No. 46/2022 pending before the D.R.T. within one week from the date of the order.
Parties & counsel
- appellant
Bafna Motors (Mumbai) Pvt. Ltd. & Anr.
- respondent
Union Bank of India & Ors.
Coram
Ashok Menon
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · December
- CNR
- 271090004292024
- Topic
- Banking and Recovery
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