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Bombay High CourtCRA/704/2023disposed off

Bharati Sahakari Bank Ltd. Pune Thr. Officer, Indrajeet Ashok Patil v. Canara Brank, Thr. Branch Officer Adityakumar Santosh Sapakale And ORS.

2024-02-28Hon'Ble Shri Justice Milind N. Jadhav9 pages

HARSHADA H. SAWANT (P.A.) IN IN THE THE HIGH HIGH COURT COURT OF OF JUDICATURE JUDICATURE AT AT BOMBAY BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPELLATE JURISDICTION CIVIL REVISION APPLICATION NO.704 OF 2023 Bharati Sahakari Bank Ltd.

.. Applicant

Versus

Canara Bank and Ors.

.. Respondents ....................

 Mr. Drupad Sopan Patil, Advocate for Applicant.  Mr. D. B. Sawangikar, Advocate for Respondents. ...................

CORAM

: MILIND N. JADHAV, J.

DATE : FEBRUARY 28, 2024 P.C.

:

1.

Heard Mr. Patil, learned Advocate for Applicant and Mr. Sawangikar, learned Advocate for Respondents. 2.

Parties have reconciled their differences and disputes and settled the same which is subject matter of Regular Civil Suit No.68 of 2023 by filing Minutes of Order dated 28.02.2024. The said Minutes of order are taken on record and marked "X" for identification. The Minutes of Order are signed by authorised representative of Applicant and Respondent No.1, who are both Banks and their respective Advocates. The said Minutes of Orders are running into 7 pages which are scanned and reproduced below for immediate reference:-

3.

In view of the above, the parties shall be bound with the rights and obligations as stated in the Minutes of Order above. Parties shall act on them. The rights and obligations mentioned therein are taken as undertaking given to the Court and both the parties shall abide by the same. Needless to state that the impugned order dated 18.03.2023 passed by the Trial Court in Regular Civil Suit No.68 of 2023 below Exhibit-5 is quashed and set aside. In view of the Minutes of Order and reconciliation between the parties, the Regular Civil Suit No.68 of 2023 is disposed by consent of parties. As a consequence and in view of the Minutes of Order, the present Civil Revision Application is also disposed. All parties are directed to act on an authenticated copy of this order including the borrower (Respondent

No. 2) who is not present before me. This order and Minutes of Order arrived at between the parties i.e. Applicant - Bank and Respondent No.1 - Bank shall equally bind the Respondent No.2 - Borrower strictly in accordance with law.

4.

With the above directions, Civil Revision Application is disposed.

H. H. SAWANT [ MILIND N. JADHAV, J. ] by HARSHADA HANUMANT SAWANT Date: 2024.02.29 13:33:13 +0530 HARSHADA HANUMANT SAWANT