Disposed

Balu Balasaheb Shripati Shitole v. Osmanabad Janata Sahakari Bank Ltd.

DRT18 Mar 2024SA/396/2022

Case brief

AI extract

What is this about?

An applicant sought protection from recovery of dues pending investigation under Maharashtra Co-operative Societies Act. The court disposed of the application granting liberty to revive the application post-enquiry.

What did the court decide?

Secu. Appln. No. 396 of 2022 disposed of; applicant given liberty to revive the application after completion of enquiry.

Balu Balasaheb Shripati Shitole versus Osmanabad Janata… — Intellectual Property | DRT (2024)

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

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	18.03 Sr. N	.2024 o. 62 Secu. Appln. No. 396/2022
Classific ation	No. of Exh
		Securitization Application No. 396 of 2022
		Balu @ Balasaheb Shripati 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. 396 of 2022 stands disposed of with liberty to applicant to revive the same after enquiry is completed, if he so desires.

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( Madkar)

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

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B. Pending Interim Applications, if any, in the proceedings are disposed of accordingly.

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C. Consign the file to the Record Room and the order be

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uploaded on the official web-site.

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( Vimal Gupta ) Presiding Officer Debts Recovery Tribunal, Aurangabad

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( Madkar)

Balu Balasaheb Shripati Shitole v. Osmanabad Janata Sahakari Bank Ltd.

Case brief

What is this about?

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Balu Balasaheb Shripati Shitole v. Osmanabad Janata Sahakari Bank Ltd.

Case brief

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What did the court decide?

What the court decided

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