Citation : 2017 Latest Caselaw 9180 Bom
Judgement Date : 29 November, 2017
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THE HIGH COURT OF JUDICATURE AT BOMBAY
: NAGPUR BENCH : NAGPUR.
WRIT PETITION NO. 3908 OF 2011
UCO Bank, a body corporate,
Constituted under the provisions
of Banking Companies (Acquisition
And Transfer of Undertakings) Act
No. V/1970, having its head office
at Kolkata and branch at Mahajan
Building, Sitabuldi, Nagpur-12 ... Petitioner
VERSUS
(1) Central Bank of India, a body corporate
constituted under the provisions of the
Banking Companies (Acquisition and
Transfer of Undertakings) Act V of 1970
and having their head office at "Chandermukhi",
Nariman Point, Mumbai-400 021 and having
one of its branch office at Dhantoli Branch,
opposite Dhantoli Garden, Dhantoli, Nagpur.
(2) Shikshak Sahakari Bank, Head Office,
Mahal, Nagpur.
(3) M/s. Nitin Enterprises, Nagpur,
Amended as
26, Khamla Road, Sawarkar Nagar
per order dtd.
11-12-2012 Nagpur through its proprietor
Nitin Wasudeo Gothe
(4) A. Kumara Legal Consultants Pvt Ltd,
5, 9 & 10 Giristi Height, 2nd Floor,
Kamptee Road, Sadar, Nagpur.
(5) Debts Recovery Appellate Tribunal at Mumbai,
5th floor, Scindia House, Ballard Estate,
Fort, Mumbai
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(6) Debts Recovery Tribunal at Nagpur,
2nd Floor, 'B' Wing, CGO complex,
Seminary Hills, Nagpur. ... Respondents
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Shri M. N. Phadke, Advocate for the petitioner
Shri M. Anilkumar, Advocate for the respondent no. 4
None for other respondents
-----------------------------------------------------------------------------------------------------------------------
CORAM : R. K. DESHPANDE AND
M. G. GIRATKAR, JJ.
DATE : 29/11/2017. Oral Judgment (Per : R. K. Deshpande, J.)
The challenge in this petition is to the order dated
24-4-2009 passed by the Debt Recovery Appellate Tribunal at Mumbai
allowing Misc. Appeal No. 214/2009 filed by the Central Bank of India
and dismissing Review Application No. 8/2008 filed by the petitioner -
UCO Bank.
2. In paragraph no. 11 of the order impugned, Debt Recovery
Appellate Tribunal has held as under :
"11. Mr. Phadke's submission is that UCO Bank was not a party to O.A. No. 26/2004. The issue of genuineness of the mortgage with UCO Bank could not be decided by the R.O. and the Presiding Officer in R.P. No. 57/2005 arising out of
3 jg.w.p.3908.11.odt
O.A. No. 26/2004. This was the issue which could be raised in Appeal. The learned counsel has chosen to raise this point in Review Application whose scope is very limited. The Tribunal has erred in holding that ground nos. 3, 4 & 5 of the Appeal have not been considered. As discussed hereinabove, ground no. 3 has been considered, ground no. 5 is infructuous while ground no. 4 has no bearing on the point in as much as the R.P. could not be stayed during the pendency of the criminal proceeding. For these reasons, the Appeal succeeds and deserves to be allowed in the following manner."
3. Once the Debt Recovery Appellate Tribunal records the
finding that the issue of genuineness of the mortgage with UCO Bank
could not be decided by the R.O. and the Presiding Officer in R.P.
No. 57/2005 arising out of O.A. No.26/2004, the question of allowing
appeal filed by the respondent no. 1 does not at all arise. The Debt
Recovery Appellate Tribunal should have dismissed the appeal by
permitting the Debt Recovery Tribunal to proceed to decide Appeal
No. 3/2008 filed by the present petitioner. We therefore, need not go
on the merits of the matter but leave all these questions to be agitated
in Appeal No. 3/2008.
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4. The writ petition is, therefore, allowed. The order dated
8-1-2010 passed in Misc. Appeal No. 214/2009 by the Debt Recovery
Appellate Tribunal at Mumbai is hereby quashed and set aside.
5. The Debt Recovery Tribunal shall proceed to decide
Appeal No. 3/2008 filed by the petitioner on its merits after hearing all
the parties concerned.
6. Rule is, therefore, made absolute. No order as to costs.
JUDGE JUDGE wasnik
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