Debts Recovery Tribunals and Appellate Tribunals
KAILASH PRALHADRAO PAWAR vs The Malkapur Urban Co-Op Bank Ltd on 30 December 2023
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, CAMP AT NANDED)
ORDER SHEET
[APK]
30.12.2023
Sr. No.83
MA Diary No. 217/2023
Classific
ation
No. of
Exh.
MA (Diary) No. 217/2023
Kailash Pralhadrao Pawar
..Applicant
Versus
The Malkapur Urban Co-Op Bank Ltd
..Defendants
Mr. Daware Tushar R - Advocate for the applicant.
Mr.K.B.Deshpande – Advocate for respondent bank The matter is taken through Hybrid.
1. In this matter the respondent bank is under liquidation. The liquidator has been appointed but has not taken charge. As of today, the bank is not taking any action as there is no authority to give instructions.
2. In view of the above, I pass the following order :
ORDER
A. The Misc. Application (Diary) No.217/2023 stands dismissed with liberty to the applicant to revive the Application as and when the liquidator takes charge and the bank start to take action against the applicant. B. The bank is directed to issue minimum 15 days prior notice to the applicants, if the bank desirous to take any action C. All pending IA in the proceeding, if any are disposed of accordingly. D. Consign the file to the Record Room and orders be uploaded on official web-site.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad
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