Debts Recovery Tribunals and Appellate Tribunals

PUNJAB NATIONAL BANK vs M/s GANGANAGAR GWARGUM PVT LTD on 29 July 2025

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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur * Item No. 39 Case No.MA/165/2020 IN OA/12/2018 PUNJAB NATIONAL BANK Vs M/S GANGANAGAR GWARGUM PVT LTD Date: 29.07.2025. Proceedings through hybrid mode Present: Shri R N Vijay, Counsel for the Applicant no. 1 & 2 Shri Rohan Agarwal& Sh. Pradeep Kasliwal, Counsel for the Applicant no. 4 Shri Ajay Agarwal, Counsel for the Respondent Bank/FI This Review Application seeks review on the ground that Ms. Anita Gupta resigned from the directorship in November, 2013 and thereafter, the loan was renewed and enhanced. As per orders there is a categorical finding of the Tribunal based on the pleading that Ms. Anita Agarwal is liable to make the payment. Counsel for the Applicant No. 4 is aggrieved by the order of this Tribunal that the Tribunal has not considered other documents to come the conclusion. There is nothing to show that the Tribunal has not considered all the documents though the specific document i.e. A-36 was mentioned does not mean that other document mentioned were not considered. In view of the above pleadings, review applicant was to file an appeal, as there is no error in order passed by the Tribunal and clear cut finding is recorded. In these circumstances, this Misc. application stands dismissed. 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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