Disposed
The Chikhli Urban Co-Op Bank Ltd. v. Murlidhar Ramgopal Mundada
DRATIA/603/2024
What the court decided
AI extract
Outcome
Disposed
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson I.A. No.603/2024 (CoD)
In
Appeal on Diary No.1096/2024 Between The Chikhli Urban Co-op Bank Ltd. … Appellant/s
V/s.
Murlidhar Ramgopal Mundada & Ors. …Respondent/s
Ms Dimple Tejani i/b Mr R.D. Sakhare, Advocate for Respondent No.1.
Mr Amit A. Yadkikar (through video-conferencing), Advocate for Respondent No.4.
AND
I.A. No.602/2024 (CoD) In
Appeal on Diary No.1100/2024
Between
Ramnivas Jagnnath Mandhani … Appellant/s V/s.
Murlidhar Ramgopal Mundada & Ors. …Respondent/s
Mr Amit A. Yadkikar (through video-conferencing), Advocate for Appellant.
Ms Dimple Tejani i/b Mr R.D. Sakhare, Advocate for Respondent No.1.
-: Common Order dated: 11/12/2024:-
The Appeal at Diary No. 1096/2024 is filed by the Creditor Bank and the Appeal at Diary No. 1100/2024 is filed by the Auction Purchaser. Both these appeals are directed against the impugned order dated
1
21.03.2024 in Securitisation Application No. 141/2024 (S.A.) by the Debt Recovery Tribunal, Aurangabad (DRT) setting aside the demand notice and in consequence, the entire Sarfaesi measures were quashed and the sale in favour of the auction purchase was set aside. The bank as well as the auction purchaser are aggrieved and hence, in appeal.
List the matters on 26.12.2024 before the Registrar.
psa-21 & 22
2
The Chikhli Urban Co-op Bank Ltd.
Ramnivas Jagnnath Mandhani
Murlidhar Ramgopal Mundada & Ors.
Ashok Menon
As recorded by the court registry
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