Quadros Motorides, Thr. Its Prop., Evencio De Menino Jesus Quadros v. The Goa State Co-Operative Bank Ltd., Thr. Its Managing Director And ANR

903-MCA 191-21.DOC Amrut

IN THE HIGH COURT OF BOMBAY AT GOA

MISC. CIVIL APPLICATION NO.191 OF 2021 IN STAMP NUMBER MAIN NO.1746 OF 2018 (Filing No.) QUADROS MOTORIDES, THR. ITS PROP., EVENCIO DE MENINO JESUS QUADROS ... Applicant

Versus

THE GOA STATE CO-OPERATIVE BANK LTD., THR. ITS MANAGING DIRECTOR AND ANR.

...Respondents

Mr. Tushar D. Shirodkar, Advocate for the applicant. Ms. Shruti Lolayekar, Law Officer of the respondent No.1 present in person.

Mr. Geetesh Shetye, Additional Government Advocate for the respondent No.2.

CORAM: REVATI MOHITE DERE & M. S. JAWALKAR, JJ DATE :

th December 2021 P.C.

1.

By this application, the applicant prays for the following substantive relief which is in the alternative i.e. para 5 prayer clause (b) which reads thus:- "(b) The registry be directed to transfer the said amount to the respondent No.1.

"

2.

Perused the application. The aforesaid petition was disposed of by this Court as withdrawn vide order dated 17th June th December 2021

903-MCA 191-21.DOC 2019. It appears that during the pendency of the said writ petition, the applicant had deposited an amount of 25 lakhs in ₹ the registry of this Court as directed by this Court. 3.

It also appears that the applicant has initiated talks of settlement with the bank and that the respondent No.1- bank has agreed in principle to settle the loan account of the applicant subject to transfer of 25 lakhs to the bank i.e. the respondent ₹ No.1-bank.

4.

The Law Officer of the respondent No.1-bank is present in person. She states that she has no objection if the aforesaid prayer clause (b) is allowed.

5.

Accordingly, the application is allowed. The registry of this Court to transfer the said amount of 25 lakhs deposited by the ₹ petitioner in the aforesaid Writ Petition alongwith accrued interest, if any, to the respondent No.1-bank, towards the loan account of the applicant.

6.

The application is disposed of in the aforesaid terms. 7.

All parties to act on the authenticated copy of this order. M. S. JAWALKAR, J REVATI MOHITE DERE, J.

th December 2021 Date: 2021.12.08 11:17:44 +05'30'

TARI AMRUT NAGESH