Debts Recovery Tribunals and Appellate Tribunals

Ms Balaji Shikshan Prasarak Mandal Gangakhed vs ABHYUDAYA COOPERATIVE BANK LIMITED on 25 January 2022

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IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[MKA/SBJ] (MA No. 07/2022) Page 1 of 2

25.01.2022

Sr. No.17

MA No.07/2022

Classifi

cation

No. of

Exh.

MISCELLANEOUS APPLICATION No.07/2022

M/s Balaji Shikshan Prasarak Mandal Gangakhed

..Applicant

Versus

Abhyudaya Co-operative Bank Ltd

..Respondent

Mr. Kamlakar J. Surawanshi - Advocates for the applicant.

None for the respondent.

Due to Covid 19 situation the matter is taken through Video Conference.

1. There is no action is being taken by the respondent-bank.

The Securitisation Application is very old. It was not prosecuted.

2. The liberty is granted to the applicant to file the fresh Securitisation Application with all the objections which he wishes to take or has taken in the Securitisation Application which is already dismissed for non-prosecution.

3. In view of the above, I pass the following order through Video Conference:

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ORDER

A. The Miscellaneous Application No. 07/2022 is hereby dismissed. B. The respondent-bank shall issue 15 days’ notice if they wish to take possession and notice as per law if they wish to put the property on sale. C. The applicant will be at liberty to file the fresh IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

[MKA/SBJ] (MA No. 07/2022) Page 2 of 2

Securitisation Application. D. File be consigned to Record Room. The parties may download the order from the official web-site which will be treated as a true copy as due to COVID 19 & staff constraints, the certified copies cannot be issued as of now till further orders.

(Vimal Gupta)

Presiding Officer

Debts Recovery Tribunal, Aurangabad

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