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―2) Discussion on the status of the account, Suit filing, OTS
Status and recovery action by individual Bank BOM asked all
the Lenders to inform the current status of the account with
all Lenders:
Signature Not Verified
I.A. 10671/2023, 8068/2023, 9173/2023 & 2858/2024 in CS(COMM) 128/2022
Signing Date:08.10.2024
18:53:58
· JC Flowers ARC informed that YES Bank has assigned
the portfolio to them. YBL has already informed that they
have issued LRM and has done pledge invocation. The
company has taken stay from high Court on the ground that
OTR was implemented and there was no default on the part
of Borrower. Next hearing is in the end of Jan-2023.
· BOM informed that they have issued 13 (2) under
SARFAESI in the said account. The same has been objected
by the company.