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The Pokhara, Baglung High Court has ordered the bank not to immediately auction the house of Dev Kumar Nepali, founder chairman of Image Savings and Loan Cooperative and head of Dhorpatan municipality.
In the name of Rashtriya Sahakari Bank Limited Lalitpur, the court on Wednesday issued an order not to auction the real estate immediately. In the order, it is mentioned that the work of auctioning his properties should not be done. The said order was issued by the single bench headed by Justice Natibabu Lamichhane who is the head of the Pokhara High Court, Baglung Bench, according to Rule 42 (1) of the High Court Rules, (2) 73.
Some time ago, Ram Bahadur and Goma Chhetri of Baglung Municipality 11 participated in the auction process of Gharjagga Bank in Nepal's Baglung market and bought it. The Nepalese filed an application in the court with the demand for an injunction and a restraining order against the said purchase. In the order, it is said that a deadline notice will be issued to the opposition to discuss the interim order on June 9.
In Baglung Municipality Ward No. 2, a large house built in Lot No. 457, 458 and 459 and a small house built in Lot No. 887 were auctioned. The Chhetri family acquired the land mortgaged by Rashtriya Sahakari Bank based on the notice of auction.
Nepali is in jail in cooperative fraud case. The court order came at a time when the cooperative victims were besieging the Baglung branch of the bank and putting pressure on how the property was sold while he was in jail. Dil Bahadur Karki, chairman of the Image Victims' Sangharsh Committee, has been insisting that the bank has auctioned assets of 1 billion for a maximum of 230 million.
The victim has also submitted an application to the bank four days ago asking to provide information according to the right to information. In the petition, they are curious about how much money the bank auctioned and what process was done to sell it. Arjun Shrestha, manager of the bank, said that according to the rules of Nepal Rastra Bank, the real estate was auctioned.
Some of the victims were curious as to how the house was sold without the signature of the imprisoned Nepalese by the order of the district court. Devendra Thapa, head of the Land Port Office, Baglung, said that since the bank has gone through the auction process, signature is not required as if the individual land had been passed. The victim savers, who have been protesting for three years, have accused the victims of depriving them of the opportunity to get their money back by selling the house cheaply.
