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

• O.A. No. 30 of 2003. Case: Bank of India Vs Amarnath Murlidhar and Ors.. Nagpur Debt Recovery Tribunals

  3. The defendant No. 1/2 is the applicant's constituent enjoying the loan/credit facilities at least since 1997. On or about 11.2.1997, the Bank sanctioned to defendant No. 1/2 cash credit facility (hypothecation of stocks) of Rs. 2 lakh.. It was increased by Rs. 3 lakh on or about 1.10.1997. There ...

• O.A. No. 393 of 2001. Case: Central Bank of India Vs Prithvi Ispat (P) Ltd. and Ors.. Nagpur Debt Recovery Tribunals

  1. This is an application for recovery of Rs. 8,93,86,852.41 from defendants 1 to 3, 15 and 16 with interest at 17.5% p.a. with quarterly rests. The amount is outstanding under three facilities as below: Cash Credit (Hyp) -- Rs. 5,29,03,500.31; Overdraft (Book Debts) -- Rs. 1,10,83,162/-; Co-accept...

• M.A. No. 6 of 2002 DRT-III. Case: Dr. Gautam Basu Vs United Bank of India. Kolkatta Debt Recovery Tribunals

  1. The Miscellaneous Applicant preferred on Wednesday, November 18, 2002 two applications being respectively for setting aside and/ or recalling the ex parte order dated July 7, 1999 and the certificate of recovery bearing No, 69 of 1997 dated August 9, 1999 issued on the basis of that ex parte...

• O.A. No. 215 of 2003. Case: Ing Vysya Bank Ltd. Vs Smit Exports. Mumbai Debt Recovery Tribunals

  1. This is an application for recovery of Rs. 10,93,027/- with further interest thereon @ 18.50% p.a. with quarterly rests from the date of the filing of the Original Application till payment and/or full realisation. 2. The facts giving rise to the case (which had occurred when the applicant was &q...

• M.A. Nos. 15 and 16 of 2001 in T.A. No. 01 of 2002. Case: Nopani and Sons Pvt. Ltd. Vs UCO Bank and Ors.. Kolkatta Debt Recovery Tribunals

  1. The parties, who have once entered into a compromise or a settlement, should not be permitted into receding or resiling from the said compromise in one pretext or another. Moreover, the attitude of any party departing from any compromise, which has already been recorded by a Court, should be...

• T.A. 3 of 2003. Case: Punjab National Bank Vs Subhadra Trading Company and Ors.. Kolkatta Debt Recovery Tribunals

  1. The various types of allegation against the applicant Bank which has preferred its application for the recovery of an amount of Rs. 3,26,13,135.35p. before the learned Debts Recovery Tribunal, Kolkata against the eight defendants shall appear true or false only after this Tribunal shall minutely ...

• O.A. No. 1695 of 2000. Case: State Bank of India Vs B.D. Industries Ltd. and Ors.. Mumbai Debt Recovery Tribunals

  2. The Borrower Company (defendant No. 1) was engaged in the manufacture of Iron and Steel Billets/Rods. The defendant Nos. 3, 4, 7 and 8 have been sued as Guarantors while the defendant No. 2 (since deceased during the pendency of the O.A.) and the defendant Nos. 5 and 6 are sued as Legal...

• 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...

• O.A. No. 3198 of 2000. Case: Union Bank of India Vs Standard Chartered Bank and Anr.. Mumbai Debt Recovery Tribunals

  2. One Dalal K. Mangaldas had current account with the applicant's Bhat Bazar Branch. On 3.4.1993 a cheque No. 842033 for Rs. 11,29,889.20 drawn by him favouring G.B. and Co. was deposited for the clearance through the defendant No. 2 with the applicant. It was returned since dishonoured as the...

• T.A. 87 of 2002. Case: Bank of India Vs Haribox Sawalaram and Ors.. Kolkatta Debt Recovery Tribunals

  1. Mr. S.M. Basu, the learned Advocate appears for the applicant Bank, whereas neither of the Respondent Nos. 1 to 5 as well as the learned Advocate appointed as the guardian ad-litem for the minor respondent Nos. 6 to 8 have appeared this day like the previous occasion, though each of them has...