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SUPREME COURT OF INDIA
A.S.Anand, CJI., R.C.Lahoti : S.N.Variava, JJ.
Jai Shiva Cement Private Limited: Utkarsh Printers
Versus
Allahabad Bank: Punjab National Bank, Saket Civil Lines, Meerut, U.P
Case No. : 10 of 2000
Date of Decision : 5/8/00
(1) WE have heard learned Counsel for the parties. Suits for recovery of various amounts filed by the respondent banks against the petitioners were transferred to Debts Recovery Tribunal set up at Jabalpur. We are informed that a Debts Recovery Tribunal has now been set up at Allahabad to exercise jurisdiction within the area specified in the Notification dated 31st March, 2000.
(2) LEARNED Counsel for the parties submits that the money suits which had been transferred by the civil courts to the Debts Recovery Tribunal, Jabalpur may be withdrawn from that Tribunal and transferred for their disposal in accordance with law to the Debts Recovery Tribunal, Allahabad. We accede to the prayer and make an order accordingly. The presiding officer of Debts Recovery Tribunal, Jabalpur shall send the record of the two suits to the Debts Recovery Tribunal at Allahabad without any delay. The Tribunal at Allahabad shall continue with the trial of the suits and dispose of the same expeditiously.
(3) THE transfer petitions are allowed. No costs.
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