The Tribunal directed the respondent bank to hand over property possession subject to the applicant furnishing an undertaking to honor the agreement recorded on 05/10/2023. The SA was subsequently disposed off.
[Applicant is directed to sign proceedings and furnish undertaking. Respondent is directed to release keys and handover property possession.
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| 06/10/2023 | Ex. No. Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. Roznama in SA 194 of 2023 Beenu Tushar Narula Vs IDFC Bank Limited |
Next date |
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| Advocate Charles D’Souza i/b Advocate Puneet Gogad appeared for the Applicant. Advocate Rajesh Nagori a/w Vinod Nagula, |
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| Advocate Pooja Khorat, Bank Officer |
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| Abhishek Mahajan appeared for the Respondent. 1. Today, Ld. Counsel for the Respondent bank submits that bank is ready to handover property in question to the Applicant however, he submits that to avoid further complication in the matter the undertaking may be furnished by the Applicant. 2. Ld. Counsel for the Applicant objected |
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| to the contention of Respondent bank and submits the said contention is |
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| beyond the agreement which was |
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| recorded in the order sheet dated 05/10/2023. 3. After considering the submission of the |
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| parties, to end the controversy in the |
present matter, the Applicant is hereby directed to sign (one of the Applicant who is present in the Tribunal) the proceeding today and also confirm that she will follow the agreement which is arrived between Applicants & Respondents as recorded in the order dated 05/10/2023. Subject to furnishing the undertaking by the Applicant the Respondent is hereby directed to release the keys and handover the possession of property in question to the Applicants. 4. With the above said direction the present SA is hereby disposed off. File be closed and consigned to record room. P.O. DRT-I
Sgj/-14
2 issues framed by the court
Whether applicant must furnish an undertaking to trigger release of property possession by the bank.
Whether to end the controversy regarding the handover of the disputed property.
1 provisions across 1 enactments
Beenu Tushar Narula
IDFC Bank Limited
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
