LAWS(GJH)-2023-2-172

HANUMAN INDUSTRIES Vs. BANK OF BARODA

Decided On February 07, 2023
HANUMAN INDUSTRIES Appellant
V/S
BANK OF BARODA Respondents

JUDGEMENT

(1.) Heard learned advocate Mr. Anand B. Gogia for the petitioners and learned advocate Mr. Bhaskar Sharma for respondent nos.1 and 2.

(2.) Rule returnable forthwith. Learned advocate Mr. Bhaskar Sharma waives service of notice of rule on behalf of respondent.

(3.) By this petition under Article 226 of the Constitution of India, the petitioners have challenged the order dtd. 9/8/2018 passed by respondent - Bank of Baroda, whereby the petitioners were declared as "Willful Defaulters" and also challenged show cause notices dtd. 7/4/2018 and 4/6/2018.