DRT aided the Bank of India by disposing its original application with liberty to review proceedings pending before NCLT under IBC.
The Original Application No. 386/2022 is disposed of with liberty to the bank to review the proceeding.
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.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, CAMP AT AURANGABAD)
ORDER SHEET
| 1 S |
6.09.2 r. No. |
023 35 OA No. 386/2022 |
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| Classifi cation |
No. of Exh. |
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| ORIGINAL APPLICATION No.386/2022 Bank of India ..Applicant Versus Pannageshwar Sugar Mills Ltd. ..Respondent Mr. A.U.Deshmukh - Advocate for the applicant. The matter is taken through VC. 1. The learned counsel for the applicant submits that the bank has filed proceeding before the Hon’ble NCLT under IBC against all defendants bearing CP No. 843/2023 and same has been admitted on 12.05.2023. 2. In view of the above statement made by the counsel for the applicant-bank, I pass the following order through video conferencing. ORDER |
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| A. The Original Application No.386/2022 is disposed of with liberty to the bank to review the proceeding in case of any exigencies or any orders being passed or set aside or admission. |
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| B. Consign the file to the Record Room and orders be uploaded on official web-site |
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(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK]
Bank of India
Pannageshwar Sugar Mills Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
