ANKIL C PATEL (HUF) - Petitioner(s) Versus SILVER TOUCH TECHNOLOGY LIMITED & 2 - Respondent(s) ========================================================= Appearance :
MR YASH N NANAVATY for Petitioner(s) : 1, DS AFF.NOT FILED (N) for Respondent(s) : 1, NANAVATI ASSOCIATES for Respondent(s) : 1, VIRAL K SHAH for Respondent(s) : 2, NOTICE SERVED BY DS for Respondent(s) : 3, ========================================================= CORAM : HONOURABLE MR.JUSTICE KS JHAVERI Date : 07/09/2012 ORAL ORDER Rule returnable on 01.10.2012.
This petition is admitted in view of the fact that the petitioner had made payment of entire amount of dues pursuant to the order of this Court. It is stated that as on today there are no dues and the respondent bank has no claim against the petitioner.
However, in view of technical stand taken by respondent no.1 the judgement and order dated 06.07.2012 passed in Securitization Application No.79 of 2011 by the Presiding Officer, Debt Recovery TribunalI, Ahmedabad is stayed.