2025 (1) TMI 993

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....ber ( Technical ) And [ Arun Baroka ] Member ( Technical ) For the Appellant : Mr. Krishnendu Datta, Sr. Advocate with Mr. Pulkit Deora and Ms. Alina Merin, Advocates For the Respondent : Mr. Deepak Saxena, Mr. Shivanjali Mane and Mr. Kaushal Ameta, Advocate for Union Bank of India Mr. Kushal Bansal, Mr. Anish Ahlawat, Advs. for RP. Mr. Rajesh Kumar Gautam, Mr. Anant Gautam, Mr. Dinesh Sharma,....

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....ellant submits that the Appellant has already submitted a proposal to the Bank for consideration. investor has already shown his interest that is communicated to the Bank and Bank is considering the proposal. 2. Shri Gautam, Learned Counsel appearing for the Respondent submits that he shall obtain instructions with regard to proposal of the Appellant. 3. List this Appeal on 19.07.2024. In the ....

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.... matter was taken Learned Counsel for the Appellant as well as Learned Counsel for the Indian Bank submitted that OTS has already been accepted by Indian Bank and no dues certificate has issued on 01.01.2025 and all payments have been made under the OTS. 6. In the facts of the present case and in view of the law laid down with Hon'ble Supreme Court in GLAS Trust Company the appropriate recourse t....