Debt Recovery Tribunals

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. 2394 of 1999. Case: Bank of India Vs Pan Afric Chemical Industries and Ors.. Mumbai Debt Recovery Tribunals

  Rs. 14,83,050.82 being dues under Cash Credit (Hypothecation of Stocks) Facility with further interest @ 16.75% p.a. with quarterly rests from the date of the filing of the O.A. till payment and/or full realisation. Rs. 3,36,085.54 being dues under Cash Credit (Pledge of Stocks) Facility with...

• O.A. No. 1038 of 2000. Case: Central Bank of India Vs Seema Synthetics Fabrics Pvt. Ltd. and Ors.. Mumbai Debt Recovery Tribunals

  1. This is as application for recovery of Rs. 14,14,850/- being dues under Bills Purchase Facility with interest @ 18.5% p.a. with quarterly rests from the date of filing the original application till full realization. 2. The Borrower (defendant No. 1) is a company of which defendant Nos. 2 and 3...

• Case: Gauri Shankar Sinha and Ors. Vs Central Bank of India and Ors.. Patna Debt Recovery Tribunals

  1. These two appeals arising out of the same recovery proceeding RP No. 73/99, having the same facts and same cause of action, therefore, this judgment will dispose off both the appeals byway of this common judgment. The appeal No. 2/2003 is against the order of the learned Recovery Officer passed...

• Securitisation Appln. No. 2 of 2006. Case: Kaypan Vinijya Pvt. Ltd. and Ors. Vs UCO Bank. Mumbai Debt Recovery Tribunals

  1. Being aggrieved by the respondent Bank's taking possession of Unit No. 2, Vardhman Complex, L.B.S. Marg, Vikroli (W), Mumbai 400083 belonging to applicant No. 3 in the name of M/s. Deepan Elastomer under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement...

• Order below Exh. No. 76 in O.A. No. 3062 of 2000. Case: Oman International Bank Saog Vs Saurashtra Chemicals Ltd.. Kolkatta Debt Recovery Tribunals

  2. 7 he Bank has taken out this application for review of the order passed by this Tribunal on 1.2.2005 below Exh. 65. By said order, the Tribunal rejected the Bank's request to lead) secondary evidence in respect of 15 documents filed along with list of documents at Exh. 67. 3. It is stated that...

• M.A. No. 63/2004. Case: Rishi Cement Company Pvt. Ltd. Vs State Bank of India. Ranchi Debt Recovery Tribunals

  1. The instant Miscellaneous Application has been filed by Judgment Debtor No. 1, M/s Rishi Cement Co. Pvt. Ltd., for withdrawal of Recovery Proceeding No. 79/2002 or at least to stay the recovery proceeding in view of the protection granted Under Section 22 of SIC Act, 1985. 2. The Petitioner -...

• O.A. No. 117 of 2001. Case: State Bank of India Vs Gondwana Paints and Minerals Limited and Anr.. Nagpur Debt Recovery Tribunals

  2. During the pendency of the O.A. 1st defendant's immovable property has been sold and sale proceeds of Rs. 22 lakhs have admittedly been deposited with the applicant Bank on 7.4.2005. The O.A. thus remains for recovery of Rs. 48,323/- with interest thereon and for recovery of interest on Rs. 22...

• O.A. No. 2429 of 2005. Case: Syndicate Bank Vs E.M.M. Libbas Pvt. Ltd. and Anr.. Mumbai Debt Recovery Tribunals

  3. The applicant's case is that the defendant No. 2 has represented and acted for and on behalf of the defendant No. 1 in the O.A. transaction in question. The defendant No. 1 through defendant No. 2, had requested the applicant's Thane Branch (in which the defendant No. 1 had current account) for...

• T.A. No. 61 of 2002. Case: United Bank of India Vs Road Transport of India and Ors.. Kolkatta Debt Recovery Tribunals

  2. Neither of the seven defendants has appeared this day. But on Monday, June 10, 2002 one duly executed Vakalatnama from Mr. Mahendra Prasad Gupta, the defendant No. 2 was filed before this Tribunal by Ms. Sucheta Majumder, the learned Advocate along with Shri Murari Mohan Das. 3. After being...

• O.A. No. 2426 of 2000. Case: Bank of India Vs State Bank of India. Mumbai Debt Recovery Tribunals

  2. The facts leading to the case are that on or about 16.6.1979 at the instance of Metro Exports Private Limited (MEPL), the defendant's Overseas Branch in Mumbai established an irrevocable Letter of Credit No. 79/10251 in favour of M/s. Palmex Enterprises, Singapore in the sum of US $ 6,24,000....