SUDHANSU JYOTI MUKHOPADHAYA, V.DHANAPALAN
Raj Kumar Khemka & Another – Appellant
Versus
Union of India, Ministry of Finance, Rep. by its Secretary & Others – Respondent
Common Order : (S.J. Mukhopadhaya, J.)
1. These Writ Petitions have been preferred by the borrower/guarantor, raising common question of law, pursuant to common proceedings pending before the Debts Recovery Tribunal (for short, the DRT)-I, Chennai. Therefore, they were heard together and decided by this common order.
.2. The borrower in these cases is M/s.NEPC Agro Foods Limited (writ petitioner in W.P.No23660 of 2008). The lender is M/s.Janata Sahakari Bank Limited (first respondent in W.P.No.23660 of 2008 and second respondent in W.P.No.9930 of 2008) (for short, the Co-operative Bank), which is registered under the provisions of the Maharashtra Co-operative Societies Act. The petitioner-Raj Kumar Khemka (in W.P.No.9930 of 2008) is the guarantor. The respondent-Co-operative Bank, having given certain credit facilities to the borrower, it initiated proceedings against the borrower before the Co-operative Court No.I, Mumbai and the dispute came to be dismissed by order dated 3. 2006. Against the said order dated 3. 2006, the respondent-Co-operative Bank filed an appeal before the Co-operative Appellate Tribunal, which allowed the case, by order dated 19. 2006 and remitte
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.