Debts Recovery Tribunals and Appellate Tribunals
Mrs Sapna Amit Pandit vs NAGAR URBAN CO OPERATIVE BANK on 31 May 2024
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD)
ORDER SHEET
[APK]
31.05.2024
Sr. No.11
M.A.No.14/2024
Classific
ation
No. of
Exh.
MISC. APPLICAITON No.14/2024
Mrs Sapna Amit Pandit
.. Applicant
Versus
Nagar Urban Co Operative Bank
.. Respondent
Mr. Adwant S V. - Advocate for the applicant.
Mrs. S. Jadhav h/for Mr. S.B.Pawar – Advocate for respondent
1. In this matter a detailed order was passed on 19.04.2024. Mr.
S.R.Deshpande was appearing in the main matter and has also participated in the mediation meeting wherein certain agreements have being made which have already been enumerated in the earlier orders.
2. The learned counsel for the respondent bank had given an undertaking to this Tribunal at bar that they will file reply before the next date of hearing.
3. Today the reply is not filed by the bank. Rather it is informed that today only they have filed appeal before the Hon’ble DRAT.
4. If the Co-operative bank which is under liquidation is not interested in money that is squarely the reason for failure of reason of the co-operative bank when they do not take prudent steps and do not abide by the decisions taken by them.
5. Be that it may be, the applicant is at liberty to approach the Registrar Co-operative Society with his request that the bank is not complying with the directions given by this Tribunal.
On basis of mediation which took place in present of Board Members / Chairman & borrower. Registrar Co-operative IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD)
ORDER SHEET
[APK]
Society will look into the conduct of the bank and after agreeing everything instead of taking the money as per the agreement and pay to the depositor why the bank is backing out.
6. In view of the above, I pass the following order :
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ORDER
A. The Misc. Application No.14/2024 is disposed of with direction to the bank to consider the averment made herein and the commitment being made by the management of the bank at relevant time. B. All pending IA in the proceeding, if any are disposed of accordingly. C. Consign the file to the Record Room and orders be uploaded on official web-site.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad