Pornima Industries Through Partners Anilkumar Gangadhar Bhojraj And Others v. Central Bank Of India Through Authorized Person

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IN THE HIGH COURT OF JUDICATURE OF BOMBAY

BENCH AT AURANGABAD WRIT PETITION NO. 2571 OF 2018 Pornima Industries Petitioner

Versus

Central Bank of India Respondent Mr. V.J. Dixit, Senior Counsel instructed by Mr. S.V. Dixit, advocate for petitioner.

Mr. R.B. Deshpande, advocate for respondent.

CORAM : R.M.BORDE & K.K. SONAWANE, JJ.

DATE : 7th MARCH, 2018 PER COURT:

1.

It is informed that the auction proceedings are prescribed on 12.03.2018 whereas the application tendered by petitioner before the Debt Recovery Tribunal is also likely to be taken up for consideration on the aforesaid date.

2.

Considering this aspect, we direct respondent-bank not to finalise the auction until consideration of the application presented by petitioner before the Debt Recovery Tribunal on 12.03.2018. 3.

All the questions raised in the petition are specifically kept open for consideration of the Debt Recovery Tribunal.

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In view of above, writ petition stands disposed of. K. K. SONAWANE R.M.BORDE JUDGE JUDGE dyb