In this securitisation application regarding dues with Maharashtra Gramin Bank, the Tribunal ordered partial payment within thirty days and allowed continued regularisation of the account, disposing the application.
Applicant directed to pay Rs. 3.50 Lacs within 30 days; regular instalments to continue and account to be regularised.
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, DRT AT AURANGABAD)
ORDER SHEET
| 20 Sr |
.09.202 . No.20 |
2 SA No.111/2022 |
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| Classific ation |
No. of Exh. |
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| SECURITISATION APPLICATION No.111/2022 Subhash Bhagwanrao Potekar ..Applicant Versus Maharashtra Gramin Bank Ltd. ..Respondent/s Mr. R. S. Gangakhedkar – Advocate for the applicant. Mr. J. R. Kalyankar – Advocate for the respondents. The matter is taken through Video Conference. 1. In this matter the though the book liability is more than Rs.9 Lacs (Rupees Nine Lacs only), the overdue are Rs.3.50 Lacs (Rupees Three Lacs Fifty Thousand only). 2. The learned counsel for the respondent has drawn my attention to the order dated 15thSeptember, 2022 whereas it |
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| was contended that Rs.6,24,000/- (Rupees Six Lacs Twenty-Four Thousand only) ) are overdue. |
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| 3. After this payment has been made the applicant is also making some monthly payments to the bank. 4. In these circumstances let this Rs.3.50 Lacs (Rupees Three Lacs Fifty Thousand only) to be paid within thirty days and regular instalments can continue. 5. The bank may continue to regularise the account. With these directions this securitisation application shall be disposed off. |
[SBJ] (SA No.111/2022) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (SA No.111/2022) Page 2 of 2
Subhash Bhagwanrao Potekar
Maharashtra Gramin Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
