Tuesday, September 21, 2010

Ex-Miss World settles eviction case with bank



Source :MUMBAI: Hetal Vyas, TNN, Sep 19, 2010, 11.18pm IST






Ex-Miss World Yukta Mookhey has withdrawn the case against Bank of India (BOI) following a settlement with the financial institution.


 The BOI had sought to evict Yukta six years ago from a flat in Lokhandwala complex, Andheri, over a dispute it had with her landlord. 


Mookhey's lawyer informed the division bench of Justice P B Majmudar and Justice Anoop Mohta of the Bombay high court that she had reached a settlement with the bank and wanted to withdraw the case. 


The bank had granted a loan to Harmonics Fabrics Fashions Ltd, which defaulted on its repayment.


 Yukta's landlord, Sanjivani Properties Pvt Ltd, had stood as a guarantor for the company.


 The bank moved the Debt Recovery Tribunal (DRT) against Harmonics and Sanjivani to recover the loan by selling the flat. 


A notice addressed to Sanjivani was pasted on the flat Mookhey was living in, on June 15, 2004. Mookhey then appealed to the DRT for relief. 


She contended that she was in possession of the flat by virtue of the licence created in her favour by Sanjivani in January 2002. She stated that she paid Rs 7.5 lakh to Sanjivani as refundable security deposit. 


Further, that licence was extended for 33 months by an agreement dated December 16, 2002. Mookhey claimed that she was entitled to hold on to the property until the security deposit was refunded. 


However, the DRT dismissed her appeal, following which she approached the Debt Recovery Appellate Tribunal. This appeal too was dismissed on July 11, 2005. 


Mookhey then moved HC in 2005 challenging the appellate tribunal's orde