M/S Narsimha Chemo Pharma Pvt Ltd Co. Aurangabad Thr Managing Director Pravin Babulal Jain And ORS v. The Jalna Peoples Co-Op Bank Ltd Thr Acting Chief Officer And ORS

ca6312.15.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY,

BENCH AT AURANGABAD CIVIL APPLICATION NO. 632 OF 2015 IN FIRST APPEAL NO. 1497 OF 2012 M/s Narsimha Chemo Pharma Pvt. Ltd. Co. & others .. APPLICANTS

VERSUS

The Jalna peoples Co-op Bank Ltd.

& others .. RESPONDENTS Mr. A.G. Nagare, advocate for applicants.

Mr. Anand Chawre, advocate for respondent no. 1. ===== CORAM : R.M. BORDE & P. R. BORA, JJ.

DATE : 23rd JANUARY, 2015.

PER COURT :

1.

Learned counsel for respondent no. 1 does not have any objection for granting prayer clause 'B'. Accordingly, application is allowed in terms of prayer clause 'B'. Bank may take necessary steps for selling property of the company through public auction. It would be open for the applicant to tender appropriate application in the pending darkhast. With liberty as aforesaid, civil application stands disposed of. ( P. R. BORA ) ( R. M. BORDE ) JUDGE JUDGE dyb