Debt Recovery Tribunals

Jurisdiction/Issuing Court

Latest documents

• SARFAESI Application No. 2 of 2008. Case: Kross Manufactures India (Pvt.) Ltd. and Ors. Vs M/s. Allahabad Bank and Ors.. Chennai Debt Recovery Tribunals

  1. The above application (SA) was filed by applicants on 21.01.2008 praying this Tribunal to direct the 3rd respondent M/s. Allahabad Bank, T. Nagar Branch represented by the Authorised Officer to release the goods valued at Rs. 20,24,000/- forthwith. The case of the applicants, in brief, is as follows:-- 1. The first applicant-M/s. Kross Manufact...

• S.A. No. 35/2008. Case: Chaitanya Pharma and Others Vs Union Bank of India. Mumbai Debt Recovery Tribunals

  1. The Respondent's taking possession u/s. 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 [for short 'SARFAESI Act'] of property bearing Plot No. E-51, Additional Ambernath Area, MIDC, Jambivali Village, Ambernath, District Thane is challenged in this application u/s. 17 of SARFAESI...

• O.A. No. 26/2007. Case: Bank of Maharashtra Vs Champagne Indage Ltd.. Mumbai Debt Recovery Tribunals

  1. This is an application for recovery of Rs. 24,45,26,215/- with interest @ PLR + 4% p.a. at quarterly rests from the date of filing the Original Application till full realization. The uncommon facts of the case are thus: The Champagne India Ltd. [CIL] was the Applicant's constituent enjoying certain Credit Facilities prior to 1996. Its account ha...

• SARFAESI Application No. 23/2007. Case: Bank of Rajasthan Ltd. Vs Authorised Officer, State Bank of India and Ors.. Chennai Debt Recovery Tribunals

  1. This application is filed by the Bank of Rajasthan Ltd. the applicant herein to set aside the Tender Notice dt. 20.1.2007 published by the 1st respondent bank in respect of the subject property and to declare that the 1st respondent did not have the legal right or authority in law to take any steps against the subject property under the provisio...

• Application No. 72 of 2007. Case: Swastik Metal Corporation Vs Dena Bank and Others. Mumbai Debt Recovery Tribunals

  1. This is an application u/s. 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 [for short 'SARFAESI Act']. The two flats in Mumbai described in Exh. A to the Securitisation Application [S.A.], subject matter of this Application, are sold by the Respondent Bank under SARFAESI Act by publ...

• Appeal No. 14 of 2008. Case: Balkrishna Sandeepkumar Vs Union Bank of India. Mumbai Debt Recovery Tribunals

  1. The order Dt. 24.01.2008 passed by Recovery Officer [R.O.] [Shri Udai Pal Singh] of this Tribunal dismissing the Appellant's-Intervener's application in Recovery Proceeding [R.P.] No. 40 of 2006 for protecting occupancy rights in the following properties under challenge in this Appeal; i. Godown No. 201, Building No. C, Antop Hill Warehousing

• Application No. 21 of 2008. Case: Uttam Galva Steels Ltd. Vs Bank of India and Ors.. Mumbai Debt Recovery Tribunals

  1. The Intervener seeks to recall the declaration made by this tribunal in judgement Dt. 27.09.2004 while allowing Original Application [O.A.] No. 235 of 01 [High Court suit No. 2169 of 1992] and the Recovery Certificate [R.C.] issued pursuant thereto that the outstandings are secured by valid Equitable Mortgage of land bearing Survey No. 48 Hissa

• Application No. 16 of 2007. Case: Moushir Jamal Masalawala Vs Standard Chartered Bank Ltd. and Ors.. Mumbai Debt Recovery Tribunals

  1. This is Securitisation application (for short S.A.) for quashing and setting aside orders passed by the Ld. Chief Metropolitan Magistrate (for short the Ld. CMM) on 11.05.2006 and 04.08.2008 in Miscellaneous application No. 165/Misc/2006 and Notice No. 64/N/2006, respectively. The application is also for quashing and setting aside the auction of...

• Application No. 28 of 2007. Case: Mr. Kamlesh R. Shah Vs Bank of Maharashtra and Ors.. Mumbai Debt Recovery Tribunals

  1. The office premises being Unit No. 201, Level 2, Bhupati Chambers, 13, Mathew Road, Opera House, Mumbai 400 004 admeasuring about 5180.18 sq. ft. are subject matter of this Securitisation Application [S.A.]/say. The Applicant filed the Application for declaration that notice Dt. 24.11.2006 u/s. 13(2) of the Securitisation and Reconstruction of F...

• Appeal No. 34 of 2008. Case: Vitro Pharma Products Ltd. Vs Asset Reconstruction Company India Ltd. [ARCIL]. Mumbai Debt Recovery Tribunals

  1. The Certificate Debtor in Recovery Proceeding [R.P.] No. 224 of 2003 has filed this Appeal for declaration that the public auction of Plot No. 89 A-B, Govt. Industrial Estate, Charkop, Kandivali West, Mumbai 400 067 is illegal. The Appellant has come out with case that Punjab National Bank [PNB] who was the original Certificate Holder, for recov...

Featured documents

• Securitisation Application No. 25 of 2005. Case: Akola Oil Industries Ltd. Vs State Bank of India. Nagpur Debt Recovery Tribunals

  1. If applications under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act ( SARFAESI Act for short) were to be captioned than numbered, then "icing a stale cake" would be a proper caption for the present application. 2. The applicant who...

• O.A. No. 26/2007. Case: Bank of Maharashtra Vs Champagne Indage Ltd.. Mumbai Debt Recovery Tribunals

  1. This is an application for recovery of Rs. 24,45,26,215/- with interest @ PLR + 4% p.a. at quarterly rests from the date of filing the Original Application till full realization. The uncommon facts of the case are thus: The Champagne India Ltd. [CIL] was the Applicant's constituent enjoying...

• T.A. No. 73 of 2002 DRT-III. Case: Central Bank of India Vs Tankrete India Ltd. and Ors.. Kolkatta Debt Recovery Tribunals

  2. This day has been fixed for the purpose of hearing in TA/73 of 2002. Mr. Dutta has submitted in extenso the arguments serially in support of a claim of Rs. 2,08,87,480.64 p. for which the said applicant Bank has preferred one application on May 22, 1996 after impleading M/s. Tankrete India Ltd....

• S.A. No. 14 of 2005. Case: Haresh Rasiklal Shah Vs Small Industries Development Bank of India and Anr.. Mumbai Debt Recovery Tribunals

  1. The Flat No. 61 on the 6th Floor, 'A' Wing, in the building "Tahnce Heights Co-operative Housing Society Ltd.", Petit Hall, 66, Nepean Sea Road, Mumbai-400006 is the subject matter of this application under Section 17 of The Securitisation and Reconstruction of Financial Assets and...

• Case: Kotak Mahindra Bank Limited Vs Prism Packaging and Ors.. Mumbai Debt Recovery Tribunals

  1. This is an application for recovery from defendant Nos. 1/2 of Rs. 2,01,38,567.06 with interest @ 18% p.a. from the date of filing the Original Application till full realisation. From out of aforesaid amount, the sums lying with defendant Nos. 3 to 7 on account of defendant Nos. 1/2, 4 and Nos....

• Appeal No. 10 of 2003. Case: Oriental Bank of Commerce Vs Recovery Officer, D.R.T.. Kolkatta Debt Recovery Tribunals

  1. This is an appeal presented by the appellant (Oriental Bank of Commerce) under Section 30 of the R.D.B. Act, 1993, (Act 1993) against the order dated 29.7.2003 passed by the learned Recovery Officer in D.R.C. case No. 167/02, Lucknow in reference Oriental Bank or Commerce v. Nanak Chandra...

• R.A. 1 of 2004. Case: Shahabad Cement Factory Workers Union Vs Indian Bank and Ors.. Kolkatta Debt Recovery Tribunals

  1. The review application preferred by the Shahabad Cement Factory Workers Union against the order passed by this Tribunal on Thursday, September 9, 2004 in connection with TA/9/2004 has been responsible for the present discussion in connection with the above application in fact preferred by the...

• O.A. No. 405 of 2001. Case: State Bank of India Vs Madhuri Minerals and Alloys and Anr.. Nagpur Debt Recovery Tribunals

  1. In this application for recovery of Rs. 7,56,400.97 towards Cash Credit facility and of Rs. 4,26,427.46 towards Term Loan facility with interest thereupon, there is counter claim by 1st defendant for Rs. 37,75,140/- with interest thereon. Since the Court-fee on the counter claim is paid on Rs....

• O.A. No. 125 of 2001. Case: UCO Bank Vs Bonafide Steel Industries Pvt. Ltd. and Ors.. Nagpur Debt Recovery Tribunals

  3. The applicant's case stated pithily is that on or about 9.7.1987 cash credit limit of Rs. 26 lakhs was sanctioned by it to 1st defendant. In lieu thereof, defendant No. 1 executed D.P. Note and Agreement of Hypothecation in the applicant's favour. The security was of surety by defendant Nos. 2...

• T.A. No. 8 of 2003. Case: United Bank of India Vs The Lespodrex and Ors.. Kolkatta Debt Recovery Tribunals

  1. The application preferred by the applicant Bank for the recovery of a huge amount of money of Rs. 2,12,98,698.66 with further interest against the four defendants should have been disposed of earlier; and the said claim application preferred by the said Bank, against the above defendant ought to ...