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Braj Bhushan Shukla vs Uco Bank And Others on 23 September, 2011

3. A perusal of the record shows that along with their written statement, the defendants No. 1 to 4 have filed the certified copy of order dated 24.06.2008 passed by Debt Recovery Tribunal ­III in O.S No. 109 of 2006 titled as "UCO bank Vs. Ankit Pharma" and S.A No. 06 of 2006 titled as "Brij Bhushan Chhabra Vs. UCO Bank" vide which the sale of suit shop to the defendant NO. 5 by the bank in auction conducted on 16.02.2006 was set aside and it was ordered that if the defendants No. 1 to 4 herein would deposit the loan amount on or before 31.12.2008 with the bank, the bank shall issue a "No dues certificate" to them and shall also release the original title deed relating to the mortgaged property to them. Subsequently, the defendants No. 1 to 4 also placed on record the copy of order dated 01.07.2010 passed by Debts Recovery Appellate Tribunal, Delhi whereby the appeal preferred by the UCO Bank against the order dated 24.06.2008 was dismissed and the bank was directed to pay back the money to the auction purchaser i.e the defendant No. 5 herein within one month. Here, it is note worthy that the notice of the above mentioned appeal was sent to the 3 defendant No. 5 as well but he did not appear before the Appellate Tribunal. Apart from the above documents, the defendants No. 1 to 4 have also produced on record the copy of "No dues certificate" issued by UCO Bank on 12.07.2010, copy of order dated 27.10.2010 passed by Debts Recovery Appellate Tribunal in appeal No. 133/08 recording the handing over of the original title deeds of suit shop by the bank to the defendants No. 1 to 4 as well as the Award dated 12.10.2010 passed by Ld. Arbitrator allowing the claim of the defendants No. 1 to 4 for recovery of possession of suit shop, arrears of rent and damages against the plaintiff herein. Keeping in view the above documents, prima facie the defendants No. 1 to 4 are the owner of the suit shop and are thus entitled to the release of the keys thereof. Accordingly, it is directed that the keys of the suit shop be released to the defendants No. 1 to 4 or their counsel against acknowledgment subject to furnishing of undertakings by defendants No. 1 to 4 to the effect that if upon the conclusion of trial, the defendant No. 5 is held to be entitled to the possession of the suit shop, they shall compensate him for the use and occupation of the suit shop in the sum as determined by the court.
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