The Nashik Merchants Co Operative Bank Ltd vs May Basa Infa Blocks Pvt. — 511/2022

Case under Arbitration and Conciliation Act Section 36. Status: Filing of Say on Exh___Unready. Next hearing: 29th April 2026.

Arbitration R.D - Arbitration Execution Darkhast

CNR: MHNS010026442022

Filing of Say on Exh___Unready

Next Hearing

29th April 2026

e-Filing Number

-

Filing Number

1434/2022

Filing Date

29-04-2022

Registration No

511/2022

Registration Date

02-05-2022

Court

District and Sessions Court , Nashik

Judge

3-DISTRICT JUDGE-6 AND ADDL. SESSIONS JUDGE, NASHIK

Acts & Sections

ARBITRATION AND CONCILIATION ACT Section 36

Petitioner(s)

The Nashik Merchants Co Operative Bank Ltd

Adv. Kela Mosami S

Respondent(s)

May Basa Infa Blocks Pvt.

Thorat Ankush Ramakrishna

Sonawane Shivaji Kachru

Chavan Sanjay Bhima

Thorat Manda Ankush

Jadhav Alka Bhanudas

Hearing History

Judge: 3-DISTRICT JUDGE-6 AND ADDL. SESSIONS JUDGE, NASHIK

20-04-2026

Filing of Say on Exh___Unready

06-04-2026

Filing of Say on Exh___Unready

17-03-2026

Filing of Say on Exh___Unready

16-03-2026

Order on Exh

13-03-2026

Notification / Publication

Interim Orders

17-03-2026
Order on T.I.

Summary The court rejected all three applications filed by Abdul Latif Yasim Kokani, the highest bidder in a property auction. Kokani failed to deposit the mandatory 25% bid amount (Rs. 1,20,50,000) by the deadline of March 11, 2026, despite being granted extensions, citing Ramadan and gastric infection as reasons without supporting medical documentation. The court found him to be a willful defaulter with a pattern of non-payment in other proceedings, and held that his failure to comply with CPC Rule 84 of Order 21 disqualified him from participating further and barred any vested rights in the property. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary The court rejected all three applications filed by Abdul Latif Yasim Kokani, the highest bidder in a property auction. Kokani failed to deposit the mandatory 25% bid amount (Rs. 1,20,50,000) by the deadline of March 11, 2026, despite being granted extensions, citing Ramadan and gastric infection as reasons without supporting medical documentation. The court found him to be a willful defaulter with a pattern of non-payment in other proceedings, and held that his failure to comply with CPC Rule 84 of Order 21 disqualified him from participating further and barred any vested rights in the property. This case analysis is maintained by casestatus.in based on publicly available court records.

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