Date: 03/09/2020

 PVAI, Newsletter for the month of JULY-AUGUST 2020

The Covid-19 Pandemic due to Corona is still on which started from March 2020 and Lock Down commenced from 24 th March 2020 and is still continuing now in many parts of India. Our office was closed in July with opening up in August with all staff on duty. We were all busy in finalizing the draft of writ petition to be filed in Mumbai High Court through our Lawyer.

1. The August governing council meeting was held on 8 th August 2020 online on Zoom, Following decisions were taken in the meeting. A special meeting was again held on 4 th August to discuss about the affidavit filed by SBI. Here is the review about the entire case proceedings in the High Court.

2. The petition was filed by our Advocate on 20 th July 2020.  On this petition SBI had given power of attorney to one of their D.G.M.  Shri Vidya Raman Jha of Stressed Assets Resolution Group along with their Lawyer Mrs, Rathina Maravarman, presented a Preliminary Affidavit dated 30 th July in reply to our petition filed on 24 th July when the hearing commenced 31 st July 2020. The Judges orders for a report by Amicus Curiae advocate Shri Sharan Jagtiani.

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