Debts Recovery Tribunals and Appellate Tribunals
Maheshkumar Pooranmal Parpyani vs The Malkapur Urban Co-operative Bank Ltd on 10 April 2024
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD)
ORDER SHEET
[APK]
10.04.2024
Sr. No.53
M.A. No. 21/2024
Classific
ation
No. of
Exh.
MISC. APPLICATION No. 21/2024
Maheshkumar Pooranmal Parpyani
.. Applicant
Versus
The Malkapur Urban Co-Operative Bank
Ltd. & others
.. Defendants
Mr. Kedar G L - Advocate for the applicant.
Mr. K.B.Deshpande – Advocate for respondent bank
1. In this matter the learned counsel for the applicant bank submits that the Securitisation Application was disposed of by order dated 05.03.2024 with liberty to revive the same as and when the liquidator takes charge and the bank start to take action.
2. The learned counsel for the applicant submits that after pre- mediation meeting matter was settled and the necessary directions are required to be issued to the bank.
3. Heard the learned counsels for the applicant and the respondent- bank.
4. In view of the above, I pass the following order :
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ORDER
A. The Miscellaneous Application No. 21/2024 is allowed. B. Registry is directed to restore the Securitisation Application No. 426/2022 in its original position. C. The copy of this order be kept along with the proceedings of Securitisation Application no. 426/2022. D. Consign the file to the Record Room and orders be uploaded on official web-site.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad