DRT Aurangabad allowed the bank's application for restoration of the original recovery petition dismissed earlier for non-compliance with interest deposit guidelines.
Miscellaneous Application No.29/2024 allowed; Original Application No.168/2019 restored.
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
| 26. Sr. |
04.202 No.16 |
4 MA No.29/2024 |
|---|---|---|
| Classific ation |
No. of Exh. |
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| MISCELLANEOUS APPLICATION No.29/2024 Canara Bank (Syndicate Bank) ..Applicant Versus Bansi Kisan Turkane& others ..Respondent Mr. A.A. Mishra - Advocate for the applicant. None for the respondent. The matter is taken through Hybrid. 1. The applicant has filed present Miscellaneous Application No.29/2024 for restoration of Original Application No.168/2019 which was dismissed on 22nd December, 2023 for non-compliance of the order of filing the guidelines regarding the payment of interest during the moratorium period. |
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| 2. The counsel for the applicant bank submits that the money advanced by the applicant bank to the borrowers is the public money, earned by sweat and toil of thousands of innocent depositors and shareholders, therefore in order to protect the public interest and public funds it is necessary that the relief be granted to the applicant by restoration of the OA No.168/2019. |
[SBJ] (MA No.29/2024) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (MA No.29/2024) Page 2 of 2
Canara Bank (Syndicate Bank)
Bansi Kisan Turkane & others
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
