Debts Recovery Tribunals and Appellate Tribunals
Bharat Damodhar Newasekar vs Gruh Finance Limited on 4 June 2024
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (MA No.11/2019) Page 1 of 2
04.06.2024
Sr. No.61
MA No. 11/2019
Classifi
cation
No. of
Exh.
MISC. APPLICATION NO. 11/2019
Bharat Damodar Newasekar
..Applicant
Versus
Gruh Finance Limited
..Respondent
Mr. Afzal Husain M Vakil – Advocate for the applicant.
Mr. U.N. Shete – Advocate for the respondent nos.1 and 2.
None for other respondents.
The matter is taken through Hybrid.
1. In this matter the applicant is ready and willing to share in accepting the amount to the tune of 28.24% of the excess amount as per his share. .
2. The respondent bank Gruh Finance Limited is ready to make this payment.
3. The reason for granting four weeks is that Gruh Finance Limited has merged into Bandhan Bank. However the efforts should be made to make the payments at the earliest because the applicant submits that the marriage of the daughter of the applicant is to take place shortly.
4. The bank to consider in giving the interest of saving account for the period with the amount is lying with the bank.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (MA No.11/2019) Page 2 of 2
5. In view of this, the compliance be made within four weeks.
6. In view of the above, I pass the following order.
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ORDER
A. The Miscellaneous Application No.11/2019 stands disposed off. B. The bank to consider in giving the interest of saving account for the period the amount is lying with the bank. C. In view of this, the compliance be made within four weeks. D. File be consigned to the record room.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad