Debts Recovery Tribunals and Appellate Tribunals

NKGSB COOPERATIVE BANK LIMITED vs MR NANINESH V SANGHAVI HUF on 11 July 2025

Cites 0, Cited by 0

11.07.2025

Exh. Roznama-MDRT-II

M.A. No.83 of 2025

Next date

Mr Mohit Shamdasani, Advocate for

the Applicant.

None for Respondent.

Service affidavit (exhibit-6) and

additional affidavit (exhibit-7) filed

by Ld. Advocate for the Applicant.

The Applicant preferred this M.A.

praying this Tribunal to appoint any

Court Commissioner to execute the

Order dated 09.04.2025 and to hand

over

the

peaceful

and

vacant

possession of Flat No.52, Manu

Bhavan, Bhagat Singh Road, Vile

Parle (W), Mumbai (for short, ‘the

subject property’), to the Applicant

by breaking open the locks put up on

the said subject property and also

prays for directions to the Ld.

Registrar to release the amount of

Rs.70 lakhs along with accrued

interest lying with this Tribunal.

Ld. Advocate further submits that

the Applicant does not press for any

relief at this stage regarding prayer

clauses (b) and (c).

Heard

Ld.

Advocate

for

the

Applicant. Perused the Record.

According

to

the

Applicant’s

affidavit, no stay is in force from any

higher forum.

Mr Jitendra K. Jadhav, Advocate

present in Court and is ready and

willing

to

perform

as

Court

Commissioner,

so,

he

is

being

appointed

as

the

Court

Commissioner to provide peaceful

possession of the subject property,

i.e., the flat in question after proper

Panchanama. In case there is any lock

on the door, it can be broke open as

per

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Judgment

and the police assistance may be taken if required. The remuneration of the Court Commissioner is fixed at Rs.10,000 which shall be borne by the Applicant Bank and the Applicant Bank shall also bear the travelling

nrb - 08 expenses. The Ld. Registrar is directed to release the amount of Rs.70 lakhs with accrued interest to the Applicant. M.A. No.83 of 2025 is allowed and disposed of accordingly. File be consigned to the Record Room after due compliance. Sd/- P.O. DRT-II

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