Disposed

Janak S/o Ajay Singh v. The Malkapur Urban Co-Op Bank Ltd.

DRT9 Jan 2024SA/70/2023

Case brief

AI extract

What is this about?

In this Securitisation Application, the applicant sought to revive the matter due to the liquidator not having taken charge. The Presiding Officer disposed of the application with liberty to revive it, directing the respondent bank to give 15 days notice.

What did the court decide?

Application disposed with liberty to revive it; respondent bank directed to give 15 days notice.

Janak S/o Ajay Singh versus The Malkapur Urban Co-Op… — Civil Procedure and Limitation | DRT (2024)

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

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(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

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ORDER SHEET

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09.01.2024

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Sr	. No.1	9 SA No.70/2023
Classifi	cation No. of h	Ex
		SECURITIZATION APPLICATION No.70/2023
		Janak S/O Ajay Singh ..Applicant Versus The Malkapur Urban CO-OP Bank Ltd. ..Respondent Mr. S.G. Dodya - Advocate for the applicant. Mr. S.B. Gorde – Advocate for the respondent-bank.
		The matter is taken through VC. 1. In this matter the counsel for the respondent bank submits that his say is ready but due to non-availability of officer the same could not filed.
		2. The Securitisation application has to be disposed off with the liberty to the applicant to revive the same as the Liquidator is appointed but has not taken charge.
		3. In view of the above, I pass the following order through video conferencing.
		ORDER
		A. The Securitisation Application No.70/2023 stands disposed off with the liberty to the applicant to revive the same.
		B. The respondent bank may proceed ahead after giving 15 days notice.
		C. File be consigned to the record room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[SBJ]

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(SA No.70/2023) Page 1 of 1

Janak S/o Ajay Singh v. The Malkapur Urban Co-Op Bank Ltd.

Case brief

What is this about?

What did the court decide?

Janak S/o Ajay Singh v. The Malkapur Urban Co-Op Bank Ltd.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

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Parties & counsel

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