DTA Aurangabad disposed of a securitization application pending an investigation under the Maharashtra Co-operative Societies Act, granting liberty to revive once the enquiry concludes.
Secu. Appln. No. 359 of 2022 disposed of with liberty to applicant to revive the same after enquiry is completed.
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
| 18.03 Sr. N |
.2024 o. 60 Secu. Appln. No. 359/2022 |
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|---|---|---|
| Classific ation |
No. of Exh |
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| Securitization Application No. 359 of 2022 Pralhad Rambhau Shitole Vs. The Authorized Officer, Osmanabad Janata Sahakari Bank Ltd. Mr. B.B. Bhise - Adv. for the applicant. Mr A.N. Irpatgire, Adv. for defendants. The matter is taken through Video Conference. 1. The Counsel for applicant submits that in this matter, the Commissioner under the Maharashtra Co-operative Societies |
||
| Act, 1960 has ordered the investigation and the bank has | ||
| been directed not to proceed for recovery of the amount | ||
| under the Securitization Act till the enquiry is completed. | ||
| The Counsel for the bank agrees with the said statement. | ||
| 2. In view of above said statement, I pass the following order. O R D E R |
||
| A. Secu. Appln. No. 359 of 2022 stands disposed of, with liberty to applicant to revive the same after enquiry is completed, if he so desires. |
( Madkar)
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
2
B. Pending Interim Applications, if any, in the proceedings are disposed of accordingly.
C. Consign the file to the Record Room and the order be
uploaded on the official web-site.
( Vimal Gupta ) Presiding Officer Debts Recovery Tribunal, Aurangabad
( Madkar)
Pralhad Rambhau Shitole
The Authorized Officer, Osmanabad Janata Sahakari Bank Ltd.
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
