Disposed

Rameshwar Shreeram Pawar v. Motiram Agrawal Jalna Merchants Co. Operative Bank Ltd. Jalna

DRT15 Sept 2023SA/236/2023

What the court decided

AI extract

Outcome

Disposed

Rameshwar Shreeram Pawar versus Motiram Agrawal Jalna Merchants Co. Operative Bank Ltd. Jalna — DRT (2023) — LawSathi Research

IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

15. Sr.	09.20 No.0	23 7 SA No.236/2023
Classific ation	No. of Exh.
		SECURITISATION APPLICATION No.236/2023
		Rameshwar Shreeram Pawar ..Applicant Versus Motiram Agrawal Jalna Merchants Co- operative Bank Ltd. ..Respondent/s Mr. A.A. Mishra - Advocate for the applicant. Mr. Bobby Agrawal - Advocate for the respondent(s). The matter is taken through Video Conference. 1. In this matter the applicant is a subsequent purchase of the property. The property was mortgaged to the respondent no.1 by respondent no.2. 2. The applicant submits that they have taken the loan from the respondent no.9 and the verification of the document
		was done by the respondent no.1.
		3. Admittedly this property which is mortgaged purchased by them and if respondent no.9 has not done proper due diligence it is them to face the consequences.
		4. The respondent no.1 cannot be put in jeopardize for the mistake of respondent no.9 or the applicant. If the applicant has no grievance it is against the respondent no.2, he can take appropriate action against them.

[SBJ] (SA No.236/2023) Page 1 of 2

IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

[SBJ] (SA No.236/2023) Page 2 of 2