2001 (6) TMI 206

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..... immovable property, not makes a case of such financial hardship. Tribunal rightly ordered to deposit a sum of Rs. 5 lacs. - 13463 of 2000 - - - Dated:- 18-6-2001 - M.R. Calla and N.G. Nandi, JJ. Shri N.M. Kapadia, for the Petitioner. [Order per : M.R. Calla, J. (Oral)]. - This Special Civil Application is directed against the order dated 9-12-98 (Order No. C-II/2952-55/98 W.R.B .....

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..... a Suit against it. If at all any loan had been taken from the Bank, the Bank was within its right to file the Civil Suit for the recovery of the amount and merely because a bald averment has been made that the Factory was destroyed and that there is no other immovable property, that does not make a case of such financial hardship. The petitioner had failed to persuade the Tribunal for exemption an .....

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