Sagar Kirana and Dhanya Bhandar & Ors. v. Gandhibagh Sahakari Bank Ltd., Nagpur

…Appellant

Gandhibagh Sahakari Bank Ltd., Nagpur

…Respondent

Case No: Appeal on Diary No.1211/2023

Date of Judgement: 13/10/2023

Judges:

Mr Justice Ashok Menon, Chairperson

For Respondent: Mr Vikas D.Bemarkar, Advocate.

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Facts:

Arguments by Appellants:

Arguments by Respondent Bank:

Cases Cited:

Sections and Laws Referred:

The Court has dealt with all the key aspects while deciding the pre-deposit amount payable by the appellants to keep their appeal against SARFAESI proceedings alive before the DRAT. It has considered the facts, arguments of both parties, applicable legal provisions and binding precedents in arriving at a reasoned order.