Chiplun Urban Co-Operative Bank Through Its Chairman v. Avinash Ramchandra Akhade

SIDDHARAM MASHAL Date: 2022.06.15 10:38:14 +0530 IRESH SIDDHARAM MASHAL 42.1552.18 caw.doc ISM

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 1552 OF 2018 IN CIVIL WRIT PETITION NO. 9667 OF 2017 CHIPLUN URBAN CO-OPERATIVE BANK ....APPLICANT THROUGH ITS CHAIRMAN

IN THE MATTER BETWEEN

AVINASH RAMCHANDRA AKHADE ....PETITIONER V/S.

CHIPLUN URBAN CO-OPERATIVE BANK .....RESPONDENTS THROUGH CHAIRMAN AND ORS Mr. G. H. Keluskar for Applicant Mr. Bakul Bhosale for Respondent CORAM :

NITIN W. SAMBRE, J.

DATE:

JUNE 14, 2022.

P.C.:

1) Having heard respective counsel, Applicant has not complied with the terms of the order dated 20/09/2017 of depositing the amount within 8 weeks. Rather he has continued to enjoy interim relief in the matter thereby causing financial loss to the bank. Bank 1/2

42.1552.18 caw.doc holds amount of shareholders' interest of which the Court needs to be sensitive.

2) That being so, interim order passed on 20/09/2017 stands vacated.

3) Civil Application stands allowed in the allowed terms. [NITIN W. SAMBRE, J.] 2/2