The DRT disposed of the securitisation application filed by Sahara Fruit Company against City Union Bank Ltd., rejecting illegal fee claims and awarding court fees as costs.
The securitisation application disposed of; cost of Rs.6000/- imposed on respondent bank and credited to applicant; expenses not to be debited.
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
08.11.2023
| S | r. No. | 41 SA No.263/2022 |
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| SECURITIZATION APPLICATION No.263/2022 | ||
| Sahara Fruit Company ..Applicant Versus City Union Bank Ltd. ..Respondent Mr. Vivek B. Kulkarni - Advocate for the applicant. Mr. P.B. Paithankar - Advocate for the respondent bank The matter is taken through Video Conference. 1. In this matter the learned for the applicant submits that the action of the respondent bank was illegal and hence challenged. He submits that he had made prayer that the expenses which the respondent bank might have charged from this illegal action could not be debited from his account. Ordered accordingly, the same shall not be done. 2. Further the court fees paid Rs.6000/- (Rupees Six Thousand only). 3. The cost is imposed on the respondent-bank for Rs.6000/- (Rupees Six Thousand only) which will be credited in the account of the applicant with respondent bank. 4. In view of the above, I pass the following order through video conferencing. ORDER |
||
| A. The Securitisation Application No.263/2022 stands disposed off. B. The cost is imposed on the respondent-bank for Rs.6000/- (Rupees Six Thousand only) which will be credited in the account of the applicant with respondent-bank. C. File be consigned to the record room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[SBJ] (SA No.263/2022) Page 1 of 1
Sahara Fruit Company
City Union Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
