Nashik Gramin Shikshan Prasarak Mandal vs Abhyudaya Co - operative Bank Ltd. Advocate - Jadhav Manisha K — 43/2021

Case under Arbitration and Conciliation Act Section 34. Status: Notice Ready. Next hearing: 22nd June 2026.

Notice Ready Next hearing 22-Jun-2026 this date has passed

Arbitration Case

CNR: MHNS010019152021

Filing Number

923/2021

Filing Date

15-Mar-2021

Registration No

43/2021

Registration Date

03-Apr-2021

Court

District and Sessions Court , Nashik

Judge

1-Principal District And Sessions Judge, Nashik

Last updated 29-Apr-2026

Acts & Sections

Arbitration and Conciliation Act Section 34

Petitioner(s)

  1. 1.Nashik Gramin Shikshan Prasarak Mandal

    Adv. Pathak Vinayak K

  2. 2.Rajaram D. Pangavhane ( Patil )

  3. 3.Prabhavati R. Pangavhane ( Patil )

  4. 4.Shital Y. Mulay ( Ms. Shital R. Pangavhane )

  5. 5.Ashwini R. Pangavhane

  6. 6.Gaurav R. Patil Pangavhane

  7. 7.Sadhana D. Pangavhane

  8. 8.Anita B. Pangavhane

Respondent(s)

  1. 1.Abhyudaya Co - operative Bank Ltd. Advocate - Jadhav Manisha K

  2. 2.Vasant N. Lothey Patil

Case History

  1. 22-Jun-2026

    Next hearingPending

  2. 18-Apr-2026

    Notice Ready

    Principal District And Sessions Judge, Nashik

  3. 24-Mar-2026

    Notice Ready

    Principal District And Sessions Judge, Nashik

  4. 10-Mar-2026

    Notice Ready

    Principal District And Sessions Judge, Nashik

  5. 05-Mar-2026

    Notice Ready

    Principal District And Sessions Judge, Nashik

  6. 11-Feb-2026

    Notice Ready

    Principal District And Sessions Judge, Nashik

  7. 12-Jan-2026

    Order on Exh

    Principal District And Sessions Judge, Nashik

  8. 05-Jan-2026

    Order on Exh

    Principal District And Sessions Judge, Nashik

  9. 22-Dec-2025

    Dismissal Order

    Principal District And Sessions Judge, Nashik

  10. 06-Dec-2025

    Dismissal Order

    Principal District And Sessions Judge, Nashik

  11. 24-Nov-2025

    Dismissal Order

    Principal District And Sessions Judge, Nashik

  12. 04-Nov-2025

    Dismissal Order

    Principal District And Sessions Judge, Nashik

  13. 20-Sep-2025

    Dismissal Order

    District Judge-9 And Addl.sessions Judge, Nashik

  14. 30-Aug-2025

    Dismissal Order

    District Judge-3 And Addl. Sessions Judge, Nashik

  15. 18-Aug-2025

    Dismissal Order

    District Judge-3 And Addl. Sessions Judge, Nashik

  16. 31-Jul-2025

    Arguments

    District Judge-3 And Addl. Sessions Judge, Nashik

  17. 07-May-2025

    Arguments

    District Judge-6 And Addl. Sessions Judge, Nashik

  18. 18-Mar-2025

    Arguments

    District Judge-7 And Addl. Sessions Judge, Nashik

  19. 27-Feb-2025

    Arguments

    District Judge-7 And Addl. Sessions Judge, Nashik

  20. 27-Nov-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  21. 10-Sep-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  22. 18-Jul-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  23. 03-Jul-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  24. 22-Apr-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  25. 04-Mar-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  26. 05-Feb-2024

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  27. 18-Dec-2023

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  28. 09-Nov-2023

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  29. 17-Oct-2023

    Hearing

    District Judge-7 And Addl. Sessions Judge, Nashik

  30. 29-Aug-2023

    Hearing

    District Judge-5 And Addl. Sessions Judge, Nashik

  31. 20-Jul-2023

    Hearing

    District Judge-5 And Addl. Sessions Judge, Nashik

  32. 19-Jun-2023

    Hearing

    District Judge-5 And Addl. Sessions Judge, Nashik

  33. 21-Apr-2023

    Hearing

    District Judge-9 And Addl.sessions Judge, Nashik

  34. 17-Mar-2023

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  35. 23-Jan-2023

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  36. 09-Dec-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  37. 11-Oct-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  38. 20-Aug-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  39. 20-Jul-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  40. 14-Jun-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  41. 04-May-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  42. 12-Apr-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  43. 10-Mar-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  44. 10-Mar-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  45. 03-Mar-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  46. 17-Feb-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  47. 29-Jan-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  48. 17-Jan-2022

    Hearing

    District Judge-10 And Addl. Sessions Judge, Nashik

  49. 26-Nov-2021

    Hearing

    District Judge-11 And Addl. Sessions Judge, Nashik

  50. 21-Oct-2021

    Hearing

    District Judge-11 And Addl. Sessions Judge, Nashik

  51. 20-Sep-2021

    Hearing

    Ad-Hoc District Judge-1 And Addl. Sessions Judge, Nashik

  52. 18-Aug-2021

    Hearing

    Ad-Hoc District Judge-1 And Addl. Sessions Judge, Nashik

  53. 15-Jul-2021

    Reply/Say

    0 Ad-Hoc District Judge-1 And Asstt. Sessions Judge, Nashik

  54. 23-Jun-2021

    Order

    0 Ad-Hoc District Judge-1 And Asstt. Sessions Judge, Nashik

  55. 13-May-2021

    Order on ExhibitView PDF

    Summary: The court granted an interim stay of the arbitration award (₹15,98,47,513.78) passed on 19/12/2020 against M/s. Nashik Gramin Shishkan Prasarak Mandal, finding that the recovery notice issued by Abhyudaya Co-operative Bank under the MSCS Act, 2002 appears incorrect and arbitrary. The court held that under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, co-operative banks lack jurisdiction to initiate recovery proceedings, which should be pursued through the Debts Recovery Tribunal instead. The stay remains effective until the next hearing date, with directions for expeditious service of respondents. This case analysis is maintained by casestatus.in based on publicly available court records.

  56. 13-May-2021

    Order

    0 Ad-Hoc District Judge-1 And Asstt. Sessions Judge, Nashik

  57. 11-May-2021

    Order

    0 Ad-Hoc District Judge-1 And Asstt. Sessions Judge, Nashik

  58. 07-May-2021

    Unready Board

    0 Ad-Hoc District Judge-1 And Asstt. Sessions Judge, Nashik

  59. 06-May-2021

    Unready Board

    0 Ad-Hoc District Judge-1 And Asstt. Sessions Judge, Nashik

  60. 15-Apr-2021

    First hearing

    Initial hearing scheduled

  61. 15-Mar-2021

    Case filed

    Registration No. 43/2021

casestatus.in Summary

Summary: The court granted an interim stay of the arbitration award (₹15,98,47,513.78) passed on 19/12/2020 against M/s. Nashik Gramin Shishkan Prasarak Mandal, finding that the recovery notice issued by Abhyudaya Co-operative Bank under the MSCS Act, 2002 appears incorrect and arbitrary. The court held that under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, co-operative banks lack jurisdiction to initiate recovery proceedings, which should be pursued through the Debts Recovery Tribunal instead. The stay remains effective until the next hearing date, with directions for expeditious service of respondents. This case analysis is maintained by casestatus.in based on publicly available court records.

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