Debts Recovery Tribunals and Appellate Tribunals
PUNJAB NATIONAL BANK on 28 October 2025
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Order Sheet Case No. MA 23 of 2025 (SA 250 of 2025) STATE BANK OF INDIA -VS- PUNJAB NATIONAL BANK Date of the Order Order with Signature Office action date and da Signature Parties wh necessar 28.10.2025 (Sl. No. 12) Ms. Anindita Das, Ms. Dona Karmakar. … For the Miscellaneous Applicant (PNB) Ms. Rajashree Bhattacharjee. … For the Opposite Party (SBI) Learned counsel for PNB has filed MA 23 of 2025 for modification of order dated 14.7.2025. Learned counsel for miscellaneous applicant (PNB) submits that SBI filed SA 250 of 2025 in respect of Flat No. A/3. Order dated 14.7.2025 speaks that as the security interest has been created in respect of said flat (A/3) by both SBI as well as PNB, there was an order to both banks to go for arbitration and sarfaesi action in respect of Flat No. A/3 has been restrained by an order of status-quo which is in respect of Flat No. A/3. Submission of the learned counsel for the MA (PNB) is that restraining order is not in respect of the entire building. Anyway, the order of status-quo is only in respect of Flat No. A/3. Accordingly, order dated 14.7.2025 has been explained by this order. Miscellaneous application is disposed of. (Ambuja Mohan Das) Presiding Officer ac
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