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Drat Mumbai Court June 2004 Judgments

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Jun 09 2004

Milind Vinayak Pandye Vs. State Bank of India and ors.

Court: DRAT Mumbai

Decided on: Jun-09-2004

Reported in: 3(2006)BC140

1. This miscellaneous appeal is filed by the appellant/original defendant No, 5 being aggrieved by the order dated 26th May, 2004 passed by the learned Presiding Officer of D.R.T., Nagpur on Interlocutory Application No. 84 of 2004 in Original Application No. 51 of 2003. By the impugned order, the learned Presiding Officer rejected the application made by the appellant/defendant No. 5 praying for granting injunction against defendant (co-defendant) Nos. 2 and 7 and other colludcrs/conspiralors from transferring, encumbering, alienating or dealing in any manner whatsoever with the assets of the defendant No. 1 company and for other reliefs.2. I have heard Mr. A.M. Deo for the appellant. Mr. Bhambhalani for the respondent No. 1, Mr. S.G. Deshpande for the respondent Nos. 2 and 7. I have gone through the proceedings including the impugned order and in my view, the learned Presiding Officer was right in rejecting the said application made by the appellant praying for injunction against th...


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