Sinhgad Technical Education Society Through Founder President Mr. Maruti Nivruthi Navale vs. Reserve Bank Of India And Ors. Rep. By Its Manager

Court:Supreme Court of India
Judge:Hon'ble Hon'Ble The Chief Justice Ranjan Gogoi, R. Banumathi
Case Status:Disposed
Order Date:23 Oct 2017
CNR:SCIN010141782017

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Order Issued After Hearing

Purpose:

After Week/Month/Vacation

Before:

Hon'ble Hon'Ble The Chief Justice Ranjan Gogoi, Hon'ble Navin Sinha

Stage:

FRESH (FOR ADMISSION) - CIVIL CASES

Remarks:

List On (Date) [22-11-2017]

Listed On:

23 Oct 2017

In:

Judge

Category:

UNKNOWN

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Order Text

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS

PETITION(S) FOR SPECIAL LEAVE TO APPEAL (C) NO(S). 14416/2017 (ARISING OUT OF IMPUGNED FINAL JUDGMENT AND ORDER DATED 28-02-2017 IN WP NO. 732/2017 PASSED BY THE HIGH COURT OF JUDICATURE AT BOMBAY)

SINHGAD TECHNICAL EDUCATION SOCIETY PETITIONER(S)

VERSUS

RESERVE BANK OF INDIA AND ORS. RESPONDENT(S)

Date : 23-10-2017 This petition was called on for hearing today.

CORAM :

HON'BLE MR. JUSTICE RANJAN GOGOI HON'BLE MR. JUSTICE NAVIN SINHA

For Petitioner(s) Mr. Raju Ramchandran, Sr. Adv. Mr. S. Udaya Kumar Sagar, Adv. Ms. Bina Madhavan, Adv. Ms. Akanksha Mehtra, Adv. for M/s Lawyer S Knit & Co, AOR For Respondent(s) Ms. Gunjan Sinha Jain, Adv. for M/s M. V. Kini & Associates, AOR Mr. Rajiv S. Roy, Adv. Mr. Avrojyoti Chatterjee, AOR Mr. Abhijit Roy, Adv. Ms. Jayasree Saha, Adv.

UPON hearing the counsel the Court made the following O R D E R

Appearance has been made on behalf of respondent No.2 – Bank of India and respondent No.6 – Central Bank of India.

Shri Raju Ramchandran, learned Senior Counsel appearing for the petitioner has drawn the attention of the Court to the affidavit filed in compliance of the order of the Court dated 8th May, 2017 indicating tentatively the schedule of payment which primarily is contingent on an additional loan being provided by the lender banks. As the remaining banks including Reserve Bank of India, Bank of Baroda are not present we request the learned counsels for the respondents Nos. 2 and 6 to communicate the proposal of the petitioner, as stated above, and incorporated in the additional affidavit, to the Joint Lenders Forum to obtain the response of the said Forum and place the same before the Court. We further direct that the Bank of Baroda be served through the Chairman of the Bank who will arrange for representation of the Bank of Baroda before this Court on the next date fixed.

List the matter on 22nd November, 2017.

In addition, the unserved respondents including the Bank of Baroda may be served dasti.

Counter affidavit(s) on behalf of the respondent Nos. 2 and 6 may be filed in the meantime.

[VINOD LAKHINA] [ASHA SONI]

AR-cum-PS BRANCH OFFICER

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Case History of Orders

Order(9) - 1 Dec 2017

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Order(8) - 22 Nov 2017

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Order(7) - 23 Oct 2017

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Order(6) - 22 Sept 2017

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Order(5) - 13 Sept 2017

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Order(4) - 28 Jul 2017

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Order(1) - 8 May 2017

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Order(2) - 8 May 2017

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Order(3) - 8 May 2017

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