Uco Bank And ANR., v. Smt. Rekha Damodar Mandrekar And ANR.,

IN THE HIGH COURT OF BOMBAY AT GOA

MISC.CIVIL APPLICATION NO. 520 OF 2015 IN SECOND APPEAL NO. 79 OF 2011 UCO BANK AND ANR., ... Applicants

Versus

SMT. REKHA DAMODAR MANDREKAR AND ANR., ... Respondents Mr. U. R. Timble, Advocate for the applicants. Mr. Anoop Gaokar, Advocate for the respondents. Coram:- F. M. REIS, J.

Date:- 7th January, 2016 P.C.

Heard Mr. U. R. Timble, learned counsel appearing for the applicants and Mr. A. Gaokar, learned counsel appearing for the respondents.

2. This is an application to substitute the respondent no.1 by the Reconstruction company to whom the financial assets have been transferred. The learned counsel appearing for the original appellant opposes the said application as according to him, the respondent no.1 is necessary party to the appeal considering the nature of the dispute in the above appeal.

3. Mr. Timble, learned counsel appearing for the applicants

MCA/520/2015 however points out that in the alternative the Reconstruction company may be impleaded as party respondent to the above appeal.

4. In the facts and circumstances of the case and considering the nature of the reliefs sought in the above appeal, I find that the Reconstruction company may be impleaded as respondent no.3. Amendment to be carried out forthwith.

5. Mr. Timble, learned counsel waives service on behalf of the newly added respondent no.3.

6. The application stands disposed of accordingly. F. M. REIS, J.

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