Debts Recovery Tribunals and Appellate Tribunals
UNION BANK OF INDIA vs M/s New Shri Samarth Krishi Seva Kendra and Irrigation services on 29 May 2024
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD)
ORDER SHEET
[APK] (MA No.34/2024) Page 1 of 2
29.05.2024
Sr. No.46
M.A.No.34/2024
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ation
No. of
Exh.
MISC. APPLICAITON No.34/2024
Union Bank Of India
.. Applicant
Versus
M/S New Shri Samarth Krishi Seva Kendra
And Irrigation Services
.. Defendants
Mr. Mohite Eshwar Krishnarao - Advocate for the applicant.
None for respondents
1. In this matter, the parties arrived at settlement in the National Lok- Adalat held on 09.09.2023 and the settlement took place between the parties. On the basis of said settlement the final orders were passed.
2. The learned counsel for the applicant submits that the respondents have not made the payments as per the settlement terms dated 09.09.2023.
3. In view of the above, I pass the following order :
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ORDER
A. The Misc. Application No.34/2024 is allowed. B. Defendants are ordered and directed to pay to the applicant either jointly or severally the aggregate sum of Rs.31,47,435/- along with 8 % p.a. simple from the date of filing of the Original Application no. 745/2019 till actual payment /realisation. C. The aforesaid adjudicated amount is secured by the charge on the immovable properties i.e.
i. All that piece and parcel of land gut no. 7 adm. 4H.34 R, situated at Borsar, Tq. Vaijapur, Dist.Aurangabad bounded as East: land of Rajendra Babasaheb Pawar, West: Land of IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD) ORDER SHEET
[APK] (MA No.34/2024) Page 2 of 2
Laxman Anna Pawar, South: Land of Shivaji Shantaram Pawar and North: Land of Borsar-Shivur Road.
ii. All that piece and parcel of land gut no. 77 adm. 6H.15 R, situated at Borsar, Tq. Vaijapur, Dist.Aurangabad bounded as East: land of Shaikh Iqbal Shaikh Majid, West: Land of Kanhu Kashiram Shewale, South: Land of Bhausaheb Shamrao Pawar and North: Land of Babasaheb Dhanaji Shewale. D. The Recovery Officer to proceed with the personal properties of the defendants by attaching the same. E. Any amount recovered during pendency of Original Application shall be reduced and demand notice shall be issued accordingly. F. Issue Recovery Certificate accordingly against defendants. G. The Registrar to send the copy of judgment and Recovery Certificate to the applicant and defendants. H. Consign the file to the Record Room and orders be uploaded on official web-site.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad