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Bombay High CourtCA/193/2017allowed

State Bank Of India, Thr. Its Chief Manager, Ravi Solanki., v. Panvelcar Hotels Pvt. Ltd., Thr. Its Executive Director, Vivek Panvelcar.,

2017-12-13Hon'Ble Shri Justice C. V. Bhadang1 pages

IN THE HIGH COURT OF BOMBAY AT GOA

CIVIL APPLICATION NO. 193 OF 2017 IN FIRST APPEAL NO. 110 OF 2017 STATE BANK OF INDIA, THR. ITS CHIEF MANAGER, RAVI SOLANKI., ... Applicant

Versus

PANVELCAR HOTELS PVT. LTD., THR.

ITS EXECUTIVE DIRECTOR, VIVEK PANVELCAR., ... Respondent Adv. Shashikant Narayan Joshi for the Applicant. Adv. R. G. Ramani for Respondent.

Coram:- C. V. BHADANG, J.

Date:- 13th December 2017 P.C.:

The learned counsel for the applicant states that the applicant shall deposit the amount within a period of four weeks from today. In such circumstances the application stands allowed in terms of prayer clause 14(a). On realization of the amount, the office shall invest the said amount with the applicant bank, initially for a period of three years, subject to further orders. C. V. BHADANG, J.

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