The Debts Recovery Tribunal allowed the applicant's petition to substitute its name due to amalgamation with Union Bank of India, disposing of the matter.
Prayer for substitution of the applicant's name is allowed; the substitution petition is disposed of.
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Office action taken with data
| Date 01 rder or proceeding |
DEBTS. RECOVERY TRIBUNAL, PATNA Order with the Signature of the Court |
|---|---|
| MA 119 of 2022 (arising out of OA 988/2018) Corporation Bank Vs_Mis_ Ragib Reyaz Rice Mill&others Present: Shri Prashant Kumar ld. Counsel for applicant None for the respondent. |
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| 05.08.2022 | The registry has placed this matter with petition for substitution of the name of the applicant filed by Ld. Counsel Shri Prashant Kumar on behalf of applicant bank. The substitution petition filed by the applicant with a prayer for substitution of the name of the original applicant bank i.e. Corporation Bank since now it has been amalgamated to bank of Union Bank of India. The applicant has annexed a Gazette Notification dated 4.3.2020 issued by Government oflndia. No one is present for the defendants. Since the amalgamation is a statutory process and no prejudice will be caused to the defendants if the prayer of the applicant is so allowed. Accordingly the prayer is allowed. Accordingly this substitution petition stands disposed off. A Copy of order be sent to the parties and Ld. Recovery Officer for necessary action. Order be uploaded on the Tribunal's website. Patna V (Kaushalendra Yadav) Presiding Officer |
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Corporation Bank
Mis Ragib Reyaz Rice Mill & others
Kaushalendra Yadav
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
