BANK OF MAHARASHTRA & ORS. vs TULSI SILVER INDUSTRIES & ORS. on 18 October 2019

CONTD. ORDER-SHEET

PAGE NO. .... 03 .....

CASE NO. .... M.A. 51/19 .....

<table border="1"><thead><tr><th data-bbox="48 76 218 98">DATE</th><th data-bbox="221 76 766 98">DESCRIPTION OF THE ORDER</th><th data-bbox="769 76 941 98">REMARK</th></tr></thead><tbody><tr><td data-bbox="48 111 218 123">18.10.2019</td><td data-bbox="221 111 766 123"><u>Exh-06</u> MA 51/19</td><td data-bbox="769 111 941 123"></td></tr><tr><td data-bbox="48 141 218 153">Present :</td><td data-bbox="221 141 766 521"><p>Shri A.M. Vadera Ld. counsel for Applicant bank.</p><p>Mr. A.G. Barot, Ld. Counsel filed memo of appearance for borrower</p><p>Counsel for the Applicant submitted that Applicant bank intends to comply the order dated 16.9.19 passed in Securitisation Application 26/18 but he sought some time to seek instructions from higher authorities.</p><p>I have considered the contentions made on behalf of the bank. It is for the bank to comply the order as bank has shown its intentions to comply the same.</p><p>Counsel for the bank at this stage again submitted that bank does not want to file any appeal in this case but some time may be granted to comply the directions given in the order. Bank may comply the said order within next 15 days failing which bank will be liable to face consequences in accordance with law. MA is accordingly disposed off.</p></td><td data-bbox="769 141 941 521"></td></tr><tr><td data-bbox="48 549 218 561"></td><td data-bbox="221 549 766 596"><p>(VINAY GOEL)<br/>PRESIDING OFFICER<br/>DRT-I, AHMEDABAD</p></td><td data-bbox="769 549 941 561"></td></tr></tbody></table>