Debts Recovery Tribunals and Appellate Tribunals

CANARA BANK (SYNDICATE BANK) vs Bansi Kisan Turkane on 26 April 2024

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[SBJ] (MA No.29/2024) Page 1 of 2

26.04.2024

Sr. No.16 MA No.29/2024

Classific

ation

No. of

Exh.

MISCELLANEOUS APPLICATION No.29/2024

Canara Bank (Syndicate Bank)

..Applicant

Versus

Bansi Kisan Turkane & others

..Respondent

Mr. A.A. Mishra - Advocate for the applicant.

None for the respondent.

The matter is taken through Hybrid.

1. The

applicant

has

filed

present

Miscellaneous

Application No.29/2024 for restoration of Original Application No.168/2019 which was dismissed on 22nd December, 2023 for non-compliance of the order of filing the guidelines regarding the payment of interest during the moratorium period.

2. The counsel for the applicant bank submits that the money advanced by the applicant bank to the borrowers is the public money, earned by sweat and toil of thousands of innocent depositors and shareholders, therefore in order to protect the public interest and public funds it is necessary that the relief be granted to the applicant by restoration of the OA No.168/2019.

IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[SBJ] (MA No.29/2024) Page 2 of 2

3. Heard the learned counsels for the applicant, I pass the following order :

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ORDER

A. The Miscellaneous Application No.29/2024 is hereby allowed with no order as to costs. B. The registry is hereby directed to restore the Original Application No.168/2019. C. List the Original Application No.168/2019 for issuance of summons on 25th June, 2024. D. The proceedings of MA. No.29/2024 be consigned to the record room.

(Vimal Gupta)

Presiding Officer

Debts Recovery Tribunal, Aurangabad

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