Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs Shivshankar Cotex Private Limited on 23 March 2022
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[APK/MKA] (MA No.21/2022) Page 1 of 2
23.03.2022
Sr. No.31 MA No.21/2022
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No.21/2022
State Bank of India
..Applicant
Versus
M/s Shivshankar Cotex Pvt. Ltd and others
..Respondents
Mr. A.V. Rakh – Advocate for the applicant.
None for the respondents
Due to Covid 19 situation the matter is taken through Video Conference.
1. This Miscellaneous Application is filed by the applicant for clarification of the operative part of the order passed by this Tribunal on 08th October, 2021 in SA no.52/2020.
2. It is clarified that all the securities being the balance of the properties which remain with the bank because the bank has already sold one of the properties to recover their dues to which the respondents has no objection.
3. It is clarified that all the securities mean the balance of the securities remaining in the hands of the bank.
4. In view of the above, I pass the following order through video conference:
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ORDER
A. Miscellaneous Application No.21/2022 stands disposed off with clarification that the word “all the securities” mentioned in the order dated 08th October, 2021 passed in IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET [APK/MKA] (MA No.21/2022) Page 2 of 2
SA no.52/2020 means the balance of the securities remaining in the hands of the bank. B. Registry is directed to keep the copy of the order along with the order dated 08th October, 2021 passed in SA no.52/2020 as it is part and parcel of the same. C. Consign the file to the Record Room.
(Vimal Gupta)
Presiding Officer
Debts Recovery Tribunal, Aurangabad