full repatriation benefits and intimating them that the Punjab National Bank ("PNB" for short), respondent No. 3 herein, was been authorised to advance ... case to cover margins payable to the stock exchange. It also authorised PNB to pay the full purchase price of the share
offered to issue shares
on a preferential basis to Punjab National Bank (PNB) together
with an exit option. The exit option stipulated that (i) PNB ... nominees would have a right
to buy back shares from PNB at any time after the expiry of a
period of one year from
Ahuja Properties') and the Respondent No. 2 --
Punjab National Bank ('PNB') in terms of prayer clauses (a) to (d) of the Petition ... making any demand on, or receiving, or recovering any amount from PNB,
under a document titled "Performance Guarantee" bearing No.2175ILGO16614 dated
16th
particularf there was an indebtedness
to the Punjab National Bank ("PNB"). There is an averment in the
plaint that Akshat ... borrower with Chandrashekhar for the
PNB loan. In any casef Shamitha accepts that she was a guarantor of
these PNB loans. It seems that PNB
would
submit that barring Gokulnath Shetty, the Dy. Director of PNB,
all other officers holding different portfolios and responsibilities
have been released on bail, including ... Geetanjali
Gems Limited along with several office bearers of the PNB.
4 The learned counsel would submit that in absence of
the prosecuting agency expressing
Appellate Tribunal (DRAT).
2] In this case, the respondent - Punjab National Bank (PNB) has
instituted Original Application No. 100 of 2005 under section ... urging inter alia that the claim of PNB is barred by limitation, untenable
on merits and in any case settled. After setting out their entire
each ig 20 Cr. units sold to PNB PW7.
to PNB. at 13.41 each by inter
office account from
Fort, Mumbai ... favouring Written and signed by 57
PNB for sale of 1964 A1.
units of 20 Cr.
Cost memo issued by Written and signed
According to the Petitioner on 19th May, 2012, Punjab National Bank ("PNB'')
misappropriated an amount of Rs. 254.16 crores ... 2012
with the Bank towards an outstanding loan given by PNB to Respondent No.2-
Majestic. In fact, on 12th October, 2012, the Advocates
April 2006, the respondent no.1 -
Punjab National Bank (for short 'PNB') granted various credit
facilities to the borrower M/s. Atex Worldwide ... deposit of
title deeds created by Mr. Rameshchandra Aggarwal in favour of
PNB.
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December, 2017 addressed to the
Branch Manager of Punjab National Bank (PNB) were written in good
faith on the basis of the information provided ... addressed to the TRO (Respondent No.2) and the
Branch Manager of PNB, correctly reflect the proceedings which took
place in the Court on 19th