Debts Recovery Tribunals and Appellate Tribunals
S S Sarda Leasing and Finance Limited vs PUNJAB NATIONAL BANK on 8 February 2022
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SAS/SBJ] (MA No. 10/2017) Page 1 of 2
08.02.2022
Sr. No.09 MA No.10/2017
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No.10/2017
S.S. Sarda Leasing and Finance Ltd
..Applicant
Versus
Punjab National Bank
..Respondent
Mr. M.M. Avhad – Advocate for the applicant Mr. Avinash S. Londhe - Advocate for the Respondent-bank.
Due to Covid 19 situation the matter is taken through Video Conference.
1. In this matter this Miscellaneous Application is pending since
2017.
2. The counsel for the respondent-bank has opposed the condonation of the delay.
3. The Tribunal is of the opinion that the matter has to be contested on merits on the technical ground and in these circumstances the MA stands allowed and disposed off.
4. In view of the above, I pass the following order through video conferencing:
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ORDER
A. Miscellaneous Application No.10/2017 is hereby allowed and disposed off.
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
[SAS/SBJ] (MA No. 10/2017) Page 2 of 2
B. The Registry is directed to register the Securitisation Application and place at appropriate time before the Tribunal for issuance of proper notices to the respondent- bank. 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