Bank of India v. Sopan Jadhavar
Case brief
What is this about?
Debts Recovery Tribunal allowed an application filed by Bank of India for recovery of dues totaling Rs.13,26,987.70 with future interest from defaulting borrower and guarantors in an ex-parte order.
What did the court decide?
Defendants to pay Rs.13,26,988/- with future interest at 9% p.a. from 30.08.2018 and issue a Recovery Certificate.
What the court decided
Presented on: 30.08.2018 Registered on: 17.04.2023 Decided on: 03.05.2025 Duration: Y M D 06 08 03
IN THE DEBTS RECOVERY TRIBUNAL AT PUNE (Before Shri Dilip G. Murumkar, Presiding Officer) ORIGINAL APPLICATION No.562/2023.
BANK OF INDIA ,
A Body corporate constituted under the provisions of Banking Companies (Acquisition and Transfer of Undertakings) Act,1970 having its Head Office at Star House C-5, G - Block, Bandra Kurla Complex, Bandra (East), Mumbai-400 051, having branch at Post Kurul, Taluka Mohol, District Solapur-413 213, known as Kurul Branch.
… Applicant
Versus
1. Mr. Sopan Lahu Jadhavar R/at Post Kutewadi, Taluka Patoda, District Beed-414 204.
2. M/s Bhima Sahakari Sakhar Karkhana Ltd. Address- At Post Takali Sikandar, Taluka-Mohol, District Solapur-413 248.
3. Mr. Ambadas Chandrabhan Neherkar R/at Post Kutewadi, Taluka Patoda, District Beed-414 204. … Defendants
APPEARANCES For the Applicant Mr. Satyan Jagtap - Advocate. For the Defendant Ex parte.
Issues for consideration
1 issue framed by the court
Whether the borrower failed to regularize the loan account and neglected to maintain the cash credit account.
Parties & counsel
- applicant
Bank of India
- respondent
Sopan Lahu Jadhavar
- respondent
M/s Bhima Sahakari Sakhar Karkhana Ltd.
- respondent
Ambadas Chandrabhan Neherkar
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court