Shri Arun B. Khanjire v. Ichalkaranji Urban Coop. Bank Ltd. and Others

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2009 Supreme(Online)(SC) 25

SUPREME COURT
, J
Shri Arun B. Khanjire v. Ichalkaranji Urban Coop. Bank Ltd. and Others

Advocates:
For the Appellants/Petitioners: Mr. Jaideep Gupta
For the Respondents: Mr. U. Lalit

Table of Content
1. details regarding loan transactions and the initiation of recovery proceedings. (Para 2 , 3 , 4)
2. arguments presented regarding compliance with statutory conditions for revision applications. (Para 7 , 8 , 9 , 10 , 12)
3. the court's reasoning on the compliance required under s.154 for entertainability of applications. (Para 19 , 20 , 21)
4. final ruling dismissing the special leave petition. (Para 22 , 23)

1. In view of the limited point of law involved, the Special Leave Petition is taken up for final disposal at the admission stage itself.

3. The petitioner, along with the firm and its other Directors, disputed their liability to make the said payment and filed an application under S.91 of the Maharashtra Cooperative Societies Act , 1960. Initially, the Cooperative Court granted an order of status quo but vacated the same after hearing the Bank. The Cooperative Appellate Court affirmed the order of the Cooperative Court and refused to stay the recovery proceedings.

5. On 15.7.2004, the petitioner herein filed a Misc. Complaint Application before the Divisional Joint Registrar seeking reliefs which were similar to the reliefs sought for in the writ petitions. A

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