Debts Recovery Tribunals and Appellate Tribunals

BANK OF BARODA vs M/S AGRWAL WOVEN POLYMERS on 15 July 2025

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Court of the Presiding Officer

Debts Recovery Tribunal, Jaipur

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Item no.19

Case No. MA/178/2023 IN OA/546/2020

BANK OF BARODA Vs M/S AGRWAL WOVEN POLYMERS

Date: 15.07.2025

Proceedings through hybrid mode

Present:

Shri Rajkumar, Counsel for the Applicant Shri Ramnaresh Vijay, Counsel for the Respondent Bank/FI

Heard arguments of both the parties and following orders are passed:-

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1. The applicant shall deposit Rs. 3,13,413/- along with interest within 10 days from today.

2. There is a guarantee being executed by the M.A applicant in favor of the bank for the entire amount which will be dealt with only before the Hon’ble DRAT and if any release to be done, i.e. to be pealed before the Hon’ble DRAT property documents has already been handed over.

3. In view of the above, this Misc. Application stands disposed off. File be consigned to record, as per rules. Copy of order be uploaded on website.

(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur

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